“According to the 2018 edition of The Giving Report, produced biennially by the Philanthropy Office of Nedbank Private Wealth, while there has been a marginal decline in the proportion of South Africa’s high-net-worth (HNW) individuals who are involved in philanthropic activities, the average value of such philanthropy by those who are still giving has increased. In addition, the demographics of those involved in giving are changing, and becoming steadily more diverse. The report provides in-depth insights into key philanthropy trends, developments and motivations amongst HNW individuals across the country.”
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