Fund to compensate victims of apartheid remains largely unspent
12 October 2022
More than 28 years after the demise of apartheid, a special fund set up to pay reparations to victims of human rights violations remains largely unspent.
The President’s Fund was established in terms of the 1995 Promotion of National Unity and Reconciliation Act, the same Act that created the Truth and Reconciliation Commission (TRC).
But, besides paying one-off reparations to approximately 17 000 of the 21 000 victims of human rights violations named by the TRC – at a much lower rate than recommended by the TRC – the money is sitting in the bank. The Fund’s most recent reparation regulations were gazetted in 2003.
The fund, initially capitalised by the State and donations from governments and individuals, including former Truth and Reconciliation Commission Chairperson Archbishop Desmond Tutu, has accumulated a nett surplus of R1.8 Billion, according to its 2020/2021 annual report.
Annual Reports published over the past 15 years show that, instead of the Fund being used for its intended purposes, it demonstrates steady incremental growth.