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Standard Bank in 3.7 million sponsorship to Lake Malawi Sailing Marathon

In its drive to support different sporting activities in the country, Standard Bank has pumped K3.5 million into this year’s Lake Malawi Sailing Marathon.

This year’s water marathon comes a week after Standard Bank launched its own version of land marathon, the ‘Be More’ race which aims to promote wellness and fitness amongst Malawians while raising funds for education.

Speaking during the presentation on Sunday at The Makokola Retreat Hotel in Mangochi, Standard Bank Head of Information Technology William Nuka said the bank is very proud to be a partner of this year’s Lake Malawi Sailing Marathon.

He said Standard Bank takes pride in its purpose “to drive growth for Mother Malawi” through the development of the local sailors who take part in the race and also the socio-economic impact.

“The Sailing Marathon is not only a sport, it is a source of revenue for the country through tourism as the event occurs on a water body and environs of great historic value and tourism lure in Africa so as a bank we excited to join in efforts to promote the marathon as it also provides us an excellent opportunity to connect with local and international business associates,” he said

Nuka, who also chairs the bank’s Corporate Social Responsibility committee noted that in addition to being a sport, the marathon is of great tourism value to Malawi as a country as it puts Lake Malawi on the map as the host of one of the longest marathons on fresh water, globally.

“As a race, it is not for the faint-hearted; it is for the brave, strong-driven and the daring participants who want to push adrenaline and challenge them to achieve more. Most importantly, the sail offers a real test of endurance. Thus this marathon exemplifies all the qualities that Standard Bank stands for: “Being more than just a bank,” said the Head of IT.


Mpho Musowa

The author Mpho Musowa

Editor at Progress Malawi

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