Deutsche Bank South Africa’s Charity Trading Day exceeds expectations

November 2016 | Sandton
17th annual Charity Trading Day demonstrates doing business for good
Deutsche Bank South Africa’s 17th annual Charity Trading Day, a recognised market event, raised over ZAR 3 million for the bank’s charity partners on November 16, 2016. Thanks to the energetic, determined equities team, backed up with two local sports celebrities - Joel Stransky and Louis Meintjies - the bank continues to drive positive change in its local communities – all made possible with the incredible loyalty and support from clients. Ockie Raubenheimer, Head of Equity Trading, South Africa remarked: “What a fantastic outcome thanks to an exceptional effort from the team and celebrities involved. It was a rewarding but humbling experience to see the loyal support from the local client base.” All local equities commissions earned on the day are donated to the Deutsche Bank South Africa Foundation with a percentage of the proceeds going to Deutsche Bank’s Made For Good enterprise partner, TSiBA Education and their financial sustainability programme for non-profit organisations (NPOs), enabling NPOs to continue to do more to help those who need it most. TSiBA is the Tertiary School in Business Administration Education: www.tsiba.ac.za. In the current economic climate, most NPOs are faced with the challenge of reduced donor funding and greater demands as poverty rises.
Deutsche Bank partnered with TSiBA to design and implement a practical NPO income generation programme, to support NPO leaders to develop new sustainable funding and business models that reduce donor reliance. Deutsche Bank in South Africa’s Made for Good programme is helping to secure the future of non-profit organisations through enterprise solutions thus ensuring NPOs can continue to play a critical role in SAs society, providing essential services to communities where they operate. Commenting on the Charity Trading day, Brett Thornton-Dibb, Head of Equities in South Africa and a trustee on the local foundation said: “After 17 years the Charity Trading Day is a recognised annual market event where we focus all our efforts to make a difference in the lives of those in need. It also allows our clients to partner with us to make a difference.” The local foundation further supports the NPO sector through its Born to Be education programme partnering with NPOs focused on early childhood (pre-school) teacher development and high school youth development.
         
 
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Last Update: March 8, 2017
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