To congratulate the class of 2021, Standard Bank will be donating R15,000 to South Africa’s top 33 achievers, amounting to just under R500,000.
Johannesburg, South Africa (25 January 2022) – In support of the future development of South Africa’s 2021 matriculants, Standard Bank will provide a financial donation to the value of R495,000 to 33 of the country’s top-performing scholars.
This is to assist them with covering the costs of necessities associated with pursuing a higher education journey.
The 33 top-performing scholars will be announced at the Matric Results event hosted by the Department of Education this evening, and each one will receive R15,000 each from Standard Bank, which will be deposited into their Standard Bank Account.
“The successful completion of matric marks a significant milestone in the lives of South African youth. The focus and resilience shown by the Class of 2021, in the last two years, as they navigated all the challenges and uncertainties of COVID-19, is even more remarkable,” says Tshiamo Molanda, Head, Youth Clients CHNW, Standard Bank South Africa.
“It is with this in mind that we offer this token of our appreciation in celebration of their tremendous efforts. Access to education in South Africa is critical, and we hope the R15 000 contribution can assist with the start-up costs associated with the pursuit of one’s higher education journey.”
This contribution is over and above Standard Bank’s provincial investments that have been awarded to the top provincial performers of the Class of 2021. At the heart of Standard Bank lies a deep commitment to driving prosperity on the continent, and this involves partnering with young people and those that work with young people through our youth-focused development.
Molanda adds that the financial donation is just one of the various initiatives that Standard Bank has undertaken to support the development of the country’s youth.
“We continue to enable access to quality education and ongoing skills training to help Africans achieve their educational goals and aspirations. We believe in driving Africa’s growth through empowering her people from the most remote of areas to the rest of our continent at large, and this is achieved through various projects, partnerships and initiatives.”
Supporting the development of STEM skills
In recognition of the need to improve science, technology, engineering and mathematics (STEM) skills, the bank recently entered an exciting partnership with the South African Mathematics Foundation through which it has made a three-year investment (until 2024) to enhance the skills and better equip 75 maths teachers of quintile 1-5 schools.
Standard Bank also donated R500,000 in 2021 towards the YouthStart Maths and Science Grade 12 revision programme, which prepares underserved SA youth for their Matric Maths and Science examinations with the aim of increasing the number of matriculants passing as well as the number of Bachelor passes.
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