Stanbic Bank Botswana boosts Diacore Gaborone Marathon

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Stanbic and Diacore handover - L -Thola Magang (PGM Chairperson) and R -Tasha Ferreira (Stanbic Bank Head of Corporate and Investment Banking)

Stanbic and Diacore handover – L -Thola Magang (PGM Chairperson) and R -Tasha Ferreira (Stanbic Bank Head of Corporate and Investment Banking)

Stanbic Bank Botswana will, for the third consecutive year, sponsor the annual Diacore Gaborone Marathon (DGM). The Bank has announced a 3-year commitment to sponsor the infamous sporting event for P350,000.00 with a particular focus this year on the 21.1km race.


“We are tremendously excited to partner with Diacore Gaborone Marathon for the third year in a row and to grow this relationship even further,” said Stanbic Bank Head of Corporate and Investment Banking, Mr. Tasha Ferreira. “This effort is largely driven through our Corporate and Investment Banking (CIB) division, a testament to the increasingly close alignment with the diamond mining and downstream industry in Botswana. It is also something that brings together the entire Stanbic Bank team to participate for a valuable cause, supporting over 200 staff participants through registration fees, and we truly look forward to welcoming all on the big race day.”


This year’s marathon event is set to take place on Sunday 22nd of March 2015 at The Grand Palm Resort. Participants can choose from four race options to cater for seasoned runners, sports enthusiasts, friends and families alike. Race options include: a marathon – 42.2km; half-marathon – 21.1km; 10km, and fun run/walk – 4km.


“We want to show an ever greater commitment to developing local athletic talent, and so this year we will reward the first male and female Motswana athletes in the 21.1km race with a prize money of P5,000.00 each. This serves as a way of promoting and encouraging local athletes to strive for excellence in these types of competitions, lending assistance to the sporting fraternity is of great importance to Stanbic Bank and remains close to our hearts. We strive to nurture and develop our local sporting talent through platforms such as the Diacore Gaborone Marathon, a platform which we are privileged to be able to be a part of,” concluded Mr Ferreira.


It is anticipated that up to 6,000 runners will participate this year. The Diacore Gaborone Marathon is an international qualifier for major races and Botswana’s largest running-for-charity event. Proceeds from the registration fees are awarded to official charities selected by DGM.

“We are delighted to see our relationship with Stanbic Bank Botswana grow even further with this three year pledge. Not only has the marathon become a truly unmissable calendar event in the sporting community, attracting athletes both locally and internationally, but it has also become a key driver of local philanthropic efforts. To have the calibre and magnitude of an organisation such as Stanbic Bank is a great honour,” concluded Thola Magang, Chairman of PGM Foundation, co-founder of the event.


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