Investment brand kicks off public crowdfunding campaign with R40,000 starting investment
According to the following table published on CNBC last month, https://www.cnbc.com/2021/07/29/tokyo-olympics-how-much-athletes-earn.html, South Africa was one of a host of countries that had committed to incentivising Olympic medalists with cash bonuses. $37,000 for a gold and $19,000 for a silver, for example.
However, on 9 August – South Africa’s Women’s Day – SASCOC president Barry Hendricks confirmed to media that his organisation would not be paying South Africa’s Tokyo heroines, Tatjana Schoenmaker and Bianca Buitendag.
Wayde van Niekerk’s efforts in Rio earned him R500,000 for his gold medal and an additional R150,000 for breaking the world record. Silver medalists earned R200,000. By this calculation, Tatjana should receive an R850,000 bonus from SASCOC, while Bianca’s exploits should be worth a R200,000 cash injection.
Charles Savage, CEO EasyEquities says,
“These women should be rewarded for the years of sacrifice and commitment that they have dedicated to their sport and their efforts in putting South Africa on the map for their respective disciplines. They have invested in themselves, have played their part and have inspired millions.”
Having already raised R100 000 in the first hour of launch, Savage says that they are putting their money where their mouth is;
“We have teamed up with Bryan Habana’s MatchKit – who coincidentally helped the South African Mens Hockey team raise more than R250,000 to get to Tokyo, themselves. As EasyEquities, our involvement is further to our already ongoing support of SA Rowing and commitment to South African sport in general.”
Savage concludes, “We have started a crowdfund and have invested R40,000 to kick off the campaign. 100% of the proceeds raised by the public at matchkit.co/bryanhabana/donate will be split between Tatjana and Bianca. We will continue to drive this fund for the rest of Women’s Month.”
