STAN­DARD BANK GIVES OUT OVER E480 000 TO ELEVEN OR­GAN­I­SA­TIONS

Swazi Observer - - BUSINESS - By Man­qoba Makhubu

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.

(Pic: Man­qoba Makhubu).

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.

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