Guiding consumers since 2009

702 Sun International CEO Sleepout

By Staff Writer
On Thursday 18 June 2015, a number of South Africa’s top CEOs spent an evening on the streets of Johannesburg as part of the 702 Sun International CEO Sleepout.
Among the participants were, Herman Bosman, CEO of RMB Holdings and RMI Holdings, Nomkhita Nqweni, CEO of Absa Wealth and Investments, Brian Molefe, CEO of Eskom, Peter Schlebusch, CEO of Standard Bank Group, and Nicky Newton King, CEO of the Johannesburg Stock Exchange (JSE). For a list of all the participants, click here.
The website explains: “The 702 Sun International CEO Sleepout challenges South Africa’s foremost business leaders to sleep on the streets for one night, and raise awareness and funds to bring hope and a home to South Africa’s most vulnerable children.”
It added: “The aim of the CEO Sleepout is not only to raise funds, but to raise awareness of and empathy for homelessness and the challenges faced by vulnerable children daily. Previous participants have said that whilst their primary commitment to sleeping on the street for a night is in support of the cause, the personal experience has been life-changing and humbling. It’s time for South Africa’s business leaders to rise to the challenge and join this international movement in which profits meet purpose, and big business meets benevolence.”
The challenge was carried out with the intention of raising R25 million for Girls and Boys Town (GBT). Each participant enter the challenge with the goal of raising R100 000. Some of the CEOs fell short of the target, while others exceeded.
Brett Levy, CEO of Blue Label Telecoms Limited, was at the head of the leader board, raising a total R416 640. As of 22 June 2015, the CEOs who took part in the event raised a total of R23 406 575, according to the website.
“As the exclusive beneficiary of the 702 Sun International CEO Sleepout in South Africa in 2015 and for the next two years, GBT will use the assistance and funds raised to extend its work with vulnerable children,” it said on the website.
To read more about some of the CEO’s experiences, click on the links below:

Herman Bosman, CEO of RMB Holdings and RMI Holdings
Nomkhita Nqweni, CEO of Absa Wealth and Investments
Leon Campher, CEO of the Association for Savings and Investment South Africa (ASISA)

Recent Articles

Featured Personal loan or business loan? The best way to finance your business

When starting your own business, you may have to rely on external funding. Perhaps you qualify for a personal loan, but would it be better to take out a business loan instead? We got in touch with a specialist to find out whether it’s best to take out a business loan or a personal loan to assist you with your ongoing business or start-up.

What to do when you’ve been denied a home loan

After months of scanning property sites and attending showhouse after showhouse, you’ve finally found what you’ve been looking for. But your dream of owning a home comes crumbling down when you receive the news that you’ve been denied a home loan. So, what now?

Best travel cards offered by top South African banks

Planning a trip abroad involves a lot of administration. You need to consider travelling arrangements, reasonable accommodation, and a daily itinerary. But have you considered how you’re going to pay your bills once you arrive? Besides considering bank costs, you also need to consider exchange rates.

Best ways to save your money short-term

For many, it seems close to impossible to save when spending on holiday getaways, Christmas gifts, while also trying to ensure there’s money left to survive January. Justmoney takes a look at the best ways you can save during the short term.


Takealot January Big Sale

Price: Available on request
When: Until 31 January 2020
Where: Online

Annique Restore Package Special

Price: From R600
When: Until 31 January 2020
Where: Centurion

Ster-Kinekor Senior Citizens Discount

Price: Available on request
When: Daily
Where: Nationwide