Standard Bank boosts COVID-19 fight with R750 000 donation
Standard Bank South Africa on Monday donated R750 000 towards the fight against the deadly novel coronavirus (COVID-19) outbreak that has so far infected more than 79 000 people globally.
Standard Bank chief executive Sim Tshabalala said although there was a considerable need for financial injections in South Africa, companies could not fold their hands during a global health disaster that had already affected economies worldwide.
“This disease, this epidemic has the ability to affect the entire world so it is in our own interests to ensure the eradication of it. Secondly, and more importantly, as South Africa we believe in showing solidarity … with the Chinese people,” said Tshabalala in Johannesburg.
“This is not just a Chinese issues, it affects the entire world,” he added.
Receiving the cheque from Tshabalala, the Chinese ambassador to South Africa, Lin Songtian, said the bank’s “generous donation” displayed an allegiance to his country’s fight against the virus.
Read the full story on: IOL.