South Africa President donates half salary to support social projects
South African President Cyril Ramaphosa
London, May 24, 2018 (AltAfrika)-South African President Cyril Ramaphosa has donated half his presidential salary towards the development of social projects in the country.
The 65-year-old made the announcement via his Twitter handle on Wednesday, saying the money will go into a fund that will be managed by the Nelson Mandela Foundation.
Ramaphosa said the fund -dubbed the Thuma Mina – will be officially launched on July 18, the date of Madiba’s birth.
The unveiling will come just a day after former U.S. President Barack Obama delivers a lecture in Johannesburg, still in memory of Mandela.
Mandela was South Africa’s first president, ruling between 1994 and 1999. He died on 5 December 2013.
It is unclear how much President Ramaphosa takes home monthly, though sources say he earns much more than the $20,000 that former leader Jacob Zuma pocketed each month.