Heinie Werth on how Sanlam Emerging Markets is responding to the COVID-19 pandemic

Sanlam Emerging Markets has taken a proactive approach in the fight against the COVID-19 pandemic, pledging R45 million to support various initiatives aimed at curbing the spread and cushioning the impact of the virus in Africa and other international markets. The CEO of Sanlam Emerging Markets, Heinie Werth, joined CNBC Africa to discuss the company's response to the global crisis. Werth emphasized that the company operates in 33 countries across Africa and Malaysia, and the donation is just one part of a larger effort to give back to the communities where they do business. He noted that the situation in each country varies, and the funds will be allocated based on the specific needs identified by local management. Some of the initiatives supported by the donation include e-learning programs, food parcels, and protective clothing. The impact of COVID-19 has significantly changed the way Sanlam Emerging Markets conducts business. Werth highlighted the challenges posed by the differing responses to the virus by various countries, with some implementing lockdowns or curfews earlier than others. Despite these challenges, Werth expressed confidence in the company's business continuity plans and the ability to adapt to the new working conditions, including remote work and limited face-to-face interactions with clients. As a pan-African company, Sanlam Emerging Markets is navigating the evolving landscape of the pandemic by collaborating closely with local management, regulators, and governments to address the unique challenges faced by each country. Werth acknowledged the severe impact the crisis is having on the business side, particularly with restrictions on face-to-face sales in many countries. Sanlam Emerging Markets' commitment to supporting COVID-19 initiatives reflects its dedication to making a positive difference in the communities it serves. The company's donation serves as a testament to its corporate responsibility and commitment to helping those most affected by the pandemic. By working together with other corporates and leveraging local partnerships, Sanlam Emerging Markets aims to contribute to a collective effort that can make a meaningful impact on the broader fight against COVID-19.