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Media release

Media release

Absa Group Executives Support Young And Old On Mandela Day

Bank commits to building infrastructure for school, while donating equipment and upgrading community facilities

Absa Executives commemorated Mandela Day at the Moletsane Asports Centre in Soweto, where they donated sports equipment, and at the David Makhubo Secondary School in Kaalfontein, where they committed to building a library and computer lab for students.

Speaking at the David Makhubo Scool, Absa Group Deputy Chief Executive Peter Matlare said Madiba’s belief in and love of education inspired Absa to continue making a significant contribution to the lives of young people.

“This commitment we are making here today forms part of our strategic collaboration agreement with the Nelson Mandela Foundation where we committed to supporting the building of libraries with them. This is one of three sites we are involved in. We look forward to delivering this project and are excited about the opportunities it will open up to you”, he said.

Absa’s commitment to youth through education and skills development is part of Absa’s social promise to be an active force for good across all communities in which it operates. Education and Skills Development has been a key pillar of the banking group’s active citizenship, and includes awarding over 3000 higher education scholarships in 2018, as well as partnering on the YES initiative, funding university research and institutional chairs, and offering the free ReadytoWork programme to help youth transition from education to the world of work and self-employment.

Sazini Mojapelo, Head of Absa Group Citizenship, speaking at the handover of sports equipment at the Moletsane sports Centre, said “As Absa we are clear that we are a purpose orientated African bank – rooted in the countries we serve – recognizing that our own sustainability and wellbeing are directly linked to the sustainability and wellbeing of the communities in which we operate.”

She added “This is more than just a donation of kit and equipment but an investment in your futures and the future of our country.”

David Makhubo Secondary School was established in 2014 as a response to the challenges posed by the socio-economic conditions in the community of Kaalfontein, Extension 23, Midrand and surrounding townships.  Currently the school has 1151 learners, from grade 8 to grade 12, and continues to face many challenges when it comes to infrastructure and resources needed to provide the best possible learning environment for their students.

It is with this in mind that the Absa Transactional Legal team, which has supported the school for the past 2 years with job shadowing initiatives, as well as sanitary towel drives, continues to look for ways to elevate the type of support provided.

 

Bank commits to building infrastructure for school, while donating equipment and upgrading community facilities

Absa Executives commemorated Mandela Day at the Moletsane Asports Centre in Soweto, where they donated sports equipment, and at the David Makhubo Secondary School in Kaalfontein, where they committed to building a library and computer lab for students.

Speaking at the David Makhubo Scool, Absa Group Deputy Chief Executive Peter Matlare said Madiba’s belief in and love of education inspired Absa to continue making a significant contribution to the lives of young people.

“This commitment we are making here today forms part of our strategic collaboration agreement with the Nelson Mandela Foundation where we committed to supporting the building of libraries with them. This is one of three sites we are involved in. We look forward to delivering this project and are excited about the opportunities it will open up to you”, he said.

Absa’s commitment to youth through education and skills development is part of Absa’s social promise to be an active force for good across all communities in which it operates. Education and Skills Development has been a key pillar of the banking group’s active citizenship, and includes awarding over 3000 higher education scholarships in 2018, as well as partnering on the YES initiative, funding university research and institutional chairs, and offering the free ReadytoWork programme to help youth transition from education to the world of work and self-employment.

Sazini Mojapelo, Head of Absa Group Citizenship, speaking at the handover of sports equipment at the Moletsane sports Centre, said “As Absa we are clear that we are a purpose orientated African bank – rooted in the countries we serve – recognizing that our own sustainability and wellbeing are directly linked to the sustainability and wellbeing of the communities in which we operate.”

She added “This is more than just a donation of kit and equipment but an investment in your futures and the future of our country.”

David Makhubo Secondary School was established in 2014 as a response to the challenges posed by the socio-economic conditions in the community of Kaalfontein, Extension 23, Midrand and surrounding townships.  Currently the school has 1151 learners, from grade 8 to grade 12, and continues to face many challenges when it comes to infrastructure and resources needed to provide the best possible learning environment for their students.

It is with this in mind that the Absa Transactional Legal team, which has supported the school for the past 2 years with job shadowing initiatives, as well as sanitary towel drives, continues to look for ways to elevate the type of support provided.