Stanbic Bank Sponsors Morupule Coal Mine Cycling Challenge

Stanbic Bank Botswana continues to champion cycling as a means for community wellness as well as a platform for engagement. The Bank this week reaffirmed its support for the Morupule Coal Mine Cycling Club, once again sponsoring the annual cycling challenge which was successfully held in Serowe. This year, the Bank sponsored the challenge to the value of P200,000.00, along withP50,000 towards cycling kits, building upon 5 years of consecutive sponsorship of the platform.

Thabo Okie cycling in the name of charity for Stanbic Bank

The victors of this year’s challenge are shared below. This year’s race was categorised into three different distances being the 110km, 60km and 30 km and was held on Sunday 23rd October 2016. First place winners in the respective categories included Benardo Ayuso and Bakang Ebudilwe (110km Open); Thabo Madimabe and Bonno Motlhetlhi (60km Open); Mthokozisi Sibanda (60km Junior U/18 men); and Lobopo Mompe (30km Junior U/14 men). Celebrations abounded for Benardo Ayuso, whose 1st place in the 110km Open category was his sixth such victory.

“We are grateful to Stanbic Bank Botswana not only for coming on board once again as a generous contributor and sponsor of the challenge, but for doing so as part of a long term and sustainable relationship with us as organisers of the event. Stanbic Bank has been sponsoring the event every year since 2012, showing true commitment to the people of Palapye and its surrounding neighbours. It speaks to the dedication towards making a long term impact, and we are able to help so many worthy and admirable charitable causes because of such kindness’ and commitment towards uplifting others,” commented Mr. David Kgoboko, General Manager, Morupule Coal Mine.

The Morupule Coal Mine Cycling Club was formed in 2009 with the aim to improve the level of fitness and wellbeing of employees of Morupule Coal Mine and the surrounding communities. The challenge also serves as a fundraising platform, enabling money to be raised to assist less fortunate members of the local community through various charity initiatives. This year’s proceeds will go towards building a house for a needy community member in Palapye.

“We are happy to have continued to build upon our relationship with the Morupule Coal Mine Cycling Club. We are committed to supporting the community of Palapye and neighbours, be it from financial services to financial literacy and wellness driven efforts such as this.   Such initiatives allow us to come together as a society to make a difference, and we are humbled to be a part of that, as we congratulate the many talented cyclists who participated and the countless others who were involved in a myriad of ways!” concluded Mr. Sheperd Aisam, Stanbic Bank Botswana, Head of Corporate & Investment Banking.

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