Stanbic Bank empowers women

Stanbic and WIBA representatives at the cheque handover ceremony. PIC: MORERI SEJAKGOMO
Stanbic and WIBA representatives at the cheque handover ceremony. PIC: MORERI SEJAKGOMO

In a bid to encourage increased economic activity amongst women, Stanbic Bank has committed to empowering women through sponsoring the ‘Businesswoman of the year’ awards.

The initiative is the result of a renewed partnership between the bank and Women in Business Association (WIBA). Through the partnership, Stanbic donated P150, 000 to WIBA as prize money for the WIBA Businesswoman of the year awards over three consecutive years, 2015, 2016 and 2017.

The 2015 inaugural awards scheduled for August 23, 2015, will see businesswomen walking away with a P50, 000.00 prize money as the overall winner of the WIBA excellence awards. Speaking at a handover ceremony, WIBA president Tumi Mbaakanyi said: ‘The Business Woman of the year’ accolade seeks to recognise the outstanding achievements of women led businesses across the country. “The awards aim to promote WIBA’ s mandate of developing women and also to reward WIBA members who have taken noteworthy initiatives their business goals,” she said.

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