By Chisomo Phiri
President Dr. Lazarus Chakwera has hailed First Capital Bank (FCB) for being the headline sponsor of the Presidential Charity Golf Tournament after donating K100 million towards the initiative.
The bank made the huge donation yesterday Wednesday September 13,2023.
While urging others to emulate the gesture by FCB, President Chakwera expressed appreciation for the resilience and solidarity demonstrated by many including corporate players like FCB, in reaching out to those affected.
“Today, we are overjoyed that the First Capital Bank is our anchor. It is the main sponsor of this year’s Presidential Charity Golf Tournament.
“The funds raised will be used to help survivors rebuild their lives and to support needy students because, despite challenges facing the country, investment in the country’s future through education for the youth is paramount, ” he said.
In her remarks, FCB’s Chief Executive Officer Agnes Jazza, said that this is part of FCB’s corporate social responsibility.
She said that over the past years, the bank has supported over 500 students with scholarships.
“As a bank, we are honoured to take part in this noble cause. It is important that we make a difference,” said Jazza.
President of the Golf Union of Malawi Gift Chidya Gondwe said the target this year is to raise K480 million, adding that so far, stakeholders have pledged to contribute K200 million.
The Presidential Charity Golf Tournament raises funds which are directed towards charity work such as paying for school fees of needy students in local colleges.
The event is scheduled for October 7,2023 at the Lilongwe Golf Club.