Stanbic Bank contributes UGX 250 Million for the MTN Kampala Marathon

Stanbic Bank contributes UGX 250 Million for the MTN Kampala Marathon

Stanbic Bank has handed over UGX 250 million to MTN Uganda as its contribution towards the 2018 MTN Kampala Marathon.

The Bank has been a key long-term partner and supporter of the Marathon since its inception 15 years ago. This year, the event will take place on 25th November 2018 and proceeds will go towards improving maternal health in the country.

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While handing over the cheque, Patrick Mweheire, Stanbic Bank’s Chief Executive said, “We are proud to be an annual partner in the MTN Marathon a remarkable event that reaches out to thousands of Ugandans through initiatives that aim to transform lives in our communities. According to the United Nations International Children’s Emergency Fund (UNICEF), Uganda’s Maternal Mortality Rate (MMR) has consistently been one of the highest in the world with 440 deaths per 100,000 live births. This means one woman out of every 49 will die of a maternal complication related to pregnancy or delivery. We believe corporate partnerships like this will go a long way in providing lasting solutions for such tragedies and loss of human life.”

He added; “Our objective as a bank is to build on the 15 years of success not only through our financial support but through the participation of our staff. Notably, we contribute the largest number of runners from a single company with over 200 staff members participating annually.”

MTN Uganda CEO addressing the media during the Cheque handover ceremony at the Stanbic Uganda Head offices at Crested Towers

MTN CEO Wim Vanhelleputte thanked Stanbic Bank for the continued support over the years. He said, “The success of the MTN Kampala Marathon wouldn’t be where it is today without the support of key partners like Stanbic. Together, we have continued to encourage thousands of Ugandans to contribute towards needy communities every year. Maternal health is an area that requires improvement especially in terms of seeking, reaching and receiving adequate and appropriate care. Through such partnerships, we will be able to improve these conditions to ensure safe childbirth for women.”

Stanbic Uganda Chief Executive Patrick Mweheire addressing the media during the MTN Kampala Marathon Cheque handover to MTN Uganda

Over the years, the marathon has raised nearly Shs 2bn to support a variety of causes in Uganda. Proceeds from 2017 (about Shs 600m) for example went towards replacing asbestos roofing in Kampala schools and improving maternal health in Kiswa and Komaboga health centers. So far, replacement of asbestos roofing has been completed at Nakasero Primary School. The MTN Foundation and KCCA are currently working on completing the implementation of these projects. “We encourage and look forward to more numbers in supporting this cause.” Patrick concluded.

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