3/27/2023 0 Comments Money manager ex portable![]() Raymond Ndlovu, chairman of The Cape Wine Auction Trust, said: “We are absolutely thrilled with this year’s results especially given the tough economic times we are going through. In its 10-year history, the auction has raised over R125 million, with 100 percent of the proceeds managed by The Cape Wine Auction Trust and distributed amongst carefully selected beneficiaries. The Cape Wine Auction is regarded as one of the most significant international wine charity auctions ever conceived, uniting the industry around a single goal of raising money for education. These are essentially straight-forward donations to charitable causes with no prize/holiday/experience in return and consist of five R10 000 donations, five R25 000 donations, five R50 000 donations and one donation of R100 000, a total of R475,000. ![]() The Gift of the Giving Lots also raised a significant amount of money. ![]() ![]() This year’s Cape Wine Auction (CWA) was held at the magnificent Hazendal Wine Estate in Stellenbosch on Saturday 18 February, with guests bidding competitively, but generously, for a collection of once-in-a-lifetime experiences and unique collector’s items.įour of the evening’s most sought after lots made up almost half of the total amount raised! Lot 19, a three-night getaway for eight people staying at the lavish and Beyond Benguerra Island in the Bazaruto Archipelago, was sold twice each time for R1 million, while Lot No 20, an ultra-luxurious safari experience for eight people at the award-winning Cheetah Plains in the Sabi Sand Nature Reserve, also went for R1 million.Īnother fiercely-contested lot was Lot 21, a five day stay in Paris and two golden seat tickets to the Rugby World Cup final, courtesy of Mastercard, was sold for R600,000. ![]()
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