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Auto & General increases relief fund to R370m
Auto & General has pledged R50m more to its relief fund to help provide food security in areas most impacted by the effects of Covid-19. The insurer and its holding company Telesure Investment Holdings (TIH) had initially pledged R320m to help with South Africa's Covid-19 relief efforts in April 2020.
R50m was used to support the National Solidarity Fund, R70m to support small businesses that were not able to earn an income during the lockdown period, while R200m was used to provide food security across the country.
