STANDARD BANK GIVES OUT OVER E480 000 TO ELEVEN ORGANISATIONS
STANDARD Bank has given out total sponsorships worth about E483 040 to 11 organisations under its 2017 corporate social responsibility programme.
The cheques were handed over to beneficiaries by Chief Executive Mvuselelo Fakudze at the bank’s headquarters in Mbabane yesterday.
The organisations that benefited were; Mahamba Gorge Hiking, Swaziland Choral Music Association, ENACTUS Swaziland, Junior Achievement Swaziland, Imbube King’s Marathon, Rocking Horse Project, Maloma School Shoes Project, Swaziland Sugar Association Cane Growers Competition, Swaziland Animal Welfare Society and Swaziland Shokotan Karate.
Fakudze said their corporate social responsibility programme allows them to share their passions with their customers and to live up to their values, in particular that of serving the communities in which they operate in.
“Through supporting your various initiatives, our bank is able to change lives positively and make a sustainable impact in the development of our nation,” he said.
He encouraged the organisations to ensure diligence in the use of these funds.
In this way, he said the bank will be assured that it was not only growing as a business, but that it was also growing the lives of the people that make it to continue to thrive as a leading brand in the country and in Africa.
The local bank’s dictum conceived from the groups cliché ‘Africa is our home, we drive her growth’ is ‘Swaziland is our home, we drive her growth.’
Fakudze said the bank’s approach to CSI was more than an intervention in communities; but an integral part of how they do business.
“We proactively identify opportunities arising from key social, developmental and business issues when formulating our CSI programme rather than just reacting to requests from charitable causes. We focus on creating long term partnerships with the most appropriate set of partners; be they with government, local and/or non-government organisations, or international / pan-African agencies, so that solutions can be co-created and the capabilities of these partners leveraged in implementing the development projects,” he said.
Standard Bank’s strategic corporate social responsibility pillars are; education, health and wellness, entrepreneurship development, arts and culture and sports.
“In 2018, we have taken the decision to give priority to projects in the health and entrepreneurship development space in line with growing a thriving nation that will achieve the national vision for 2022,” he said.
Rocking Horse Project Director Denise Mortlock said they really appreciated the kind gesture of the bank. The organisation offers palliative care to children.
“We have received sponsorship from the bank before and are happy to be amongst the beneficiaries even this year. This shows that the bank has confidence in the work that we do and this contribution will go a long way to assist us in our operations,” she said.
She said they would use the money for training of medical practitioners and home based care officers on early detection of cancer on children. She said they will host the training next week.
“We really wish the bank well in its business and further thank its contribution towards ensuring a better life for children,” she said.
GRATEFUL: Rocking Horse Project's Nomcebo Mdlalose and Denise Mortlock accepting the organisation’s cheque from Standard Bank Chief Executive Mvuselelo Fakudze at the bank's headquarters yesterday.