An expectant energy always comes over the air when the annual Standard Bank Young Artists are announced. This year, as we all held our breath in wonder, the energy became even more palpable because of the award ceremony’s chosen theme: “Break Through.” The night was peppered with chatter about how the artists lives are about to change. This, thanks to the opportunities that come with the award: the prize money, the credibility, recognition and all the structural support to realize the next big creative project.
Then, the award winners were announced. A new group of amazing talents breaking through into the great league of South African artists as the Standard Bank Young Artists 2018.
Pianist and composer, Thandi Ntuli wins the jazz category award. The Visual Art prize awarded to Igshaan Adams. Chuma Sopotela received the Performance Art category award, while Jemma Kahn scooped the Standard Bank Young Artist Award for theatre. The dance category went to Musa Hlatshwayo. Guitarist, Guy Buttery was awarded the music award. He wins in a category that breaks with tradition. The music award has customarily been given to musicians who practice opera and classical music.
Perhaps the most powerful tribute came from CEO of the National Arts Festival, Tony Lankester. In a speech congratulating the honourees, Lankester said to them: “All we ask of you in the year to come is that you make something beautiful, something powerful and something important.” The words set a fitting tone for the great anticipation that will stalk these artists until they present their award related work at the National Arts Festival next year.
This requirement to create a new work is part of what makes the Standard Bank Young Artist Award a break through award. Apart from honouring the young artists, it challenges them to create work out of the spirit of being affirmed for their creative vision. This allows them to reach beyond their current creative level into the next plane of excellence. In fact, that’s part of why the award has been able to propel so many artists from promising young talents into “respected creative global citizens,” as Hazel Chimhandamba, Group Head of Sponsorship at Standard Bank put it in her vote of thanks.
It’s been 37 years since the inception of these awards. They have been conferred on a prestigious group of 156 artists. The list stretches across multiple generations of South African artists. A new hope grows every year as bright new names are added. This year feels fittingly fantastic.
To achieve progress and prosperity for all, we have outlined key values that we share with our communities, and that are supported by a focused framework.
In this framework, we include investments in education that can benefit communities for decades. A recent example of this is when, in late June, Standard Lesotho Bank announced the winners of its most recent public-sector campaign.
At the Standard Lesotho Bank main boardroom in Maseru, Chief Executive Mpho Vumbukani handed over M20 000 cheques to Butha Buthe High School and Seventh Day Adventist Primary School following the bank's public-sector campaign to schools and institutions of higher learning, which started at the beginning of 2017.
Congratulating the schools, Mr Vumbukani shared that the event was just the beginning, as there will be more draws, the soonest to be held in October this year when the winning schools will also receive a M20 000 cheque.
Linking to the Group’s shared values, Mr Vumbukani explained that in order to have a functional and productive education sector, institutions of learning require cash-flow management and liquidity solutions that are specific to their needs. Fortunately, Standard Lesotho Bank has provided flagship payments and collections solutions to make fee-paying a fast, seamless exercise for both parents and schools.
Also at the event was Thinyane Makoti, Principal of Butha Buthe High School, who was overjoyed at having won the M20 000 prize, saying it’s unusual to win a competition without competing. Thus, he thanked the parents who worked with the school by paying their children's fees through the bank, because Butha Buthe could not have won if not for them.
In this fast-paced global age, a credit card needs to be more than just a credit card – it needs to be the perfect travelling companion that will steadily see you through from Paris’ Eiffel Tower to New York’s Statue of Liberty. If you’re a striving entrepreneur who travels frequently Standard Bank’s World Citizen Credit Card is the perfect travel companion to expand your start-up, or a modern-day explorer looking for your next international escape, check out our World Citizen Credit Card.
Perfectly capable of enabling the lifestyle of ambitious, dynamic go-getters who are as comfortable brainstorming a digital marketing campaign as they are renting a holiday apartment on Airbnb, our latest solutions will make sure that your business, leisure or “bleisure” trips go smoothly with these key features:
The World Citizen Credit Card gives you free comprehensive travel insurance when you book a flight, which includes:
Mind-blowing accommodation benefits:
Enjoy exclusive benefits and amenities at some of the world’s finest hotels, such as:
To take advantage of the above, simply go to the MasterCard For You app, click on Lifestyle, browse Gold Status Discounts and Exclusive Spa Offers at Hotels.
Wait in style with us:
The World Citizen Credit Card gives you:
A Standard Bank credit card always comes with a variety of benefits. From setting card use abroad; to the Shyft app for global payments; to other quick, convenient payment solutions to make international payments a breeze; these are just some of the ways we thank our customers for choosing us as their partner in financial decision-making. We have a credit card fit for everyone, but if you ask yourself “What’s my next adventure?” as often as you update your contacts list, the World Citizen Credit Card is your next enabler.
Click here for details.
Recently, Stanbic Bank Uganda launched a digital innovation that has all but done away with the need for parents to spend hours in a bank queue to pay their children’s school fees: FlexiPay.
Stanbic FlexiPay is a new digital platform that allows our customers to pay for said fees online, in the comfort of their own homes – or anywhere – using their computers or mobile phones. As a result, schools can collect the money owed to them at greater convenience.
Beyond the convenience and ease offered, our customers are also able to make real savings in terms of money, as the service has very affordable charges. For example, no charges will be incurred by customers who make payments using their mobile phones or on our online banking platforms.
Customers can also rest assured that their payments are completely secure; FlexiPay verifies each student and school before a payment is made. Afterwards, an instant confirmation of payment with all details (school and student name, amount paid) is sent to mobile phones with a unique payment number for future reference. More importantly, the school benefits by being immediately notified when a student payment is made.
Furthermore, the FlexiPay system allows for automated reconciliations of collections, thus helping to eliminate forgeries and reduce wasteful administrative costs, such as paperwork.
For more information, visit www.stanbicbank.co.ug .
As the headline sponsor of the Proteas since 2016, we’re proud to launch a powerful initiative in partnership with Cricket South Africa (CSA) in Dobsonville, Soweto, one that will nurture budding cricket potential in the country: the Regional Performance Centre (RPC) programme.
Part of our over-arching development initiative, the objective of the RPC programme is to develop and maintain effective high-performance programmes and cricket structures from grassroots right through to senior cricket.
According to Luvuyo Masinda, Deputy CFO: Corporate and Investment Banking at Standard Bank, the Bank hopes to play a key role in developing South Africa’s immense cricketing talent. There are many young cricketers in outlying areas who are still in desperate need of facilities and coaching, and the RPCs will help these players fulfil their true potential and turn their dreams into reality.
On 1 May last year, we cemented our association with CSA in a deal that saw us become the headline sponsor of the Proteas in all three formats of the game for the next four years. This has now been extended to Cricket SA’s RPC programme, which numbers 12 RPCs currently. Together with the CSA Hubs programme, all these initiatives have been instrumental in transforming the cricket landscape over the past few years and changing lives by bringing through young talent from townships and rural areas.
Thabang Moroe, CSA Acting Chief Executive, welcomed us as a partner in the initiative, saying that it’s “heart-warming” to see the way in which commercial partners are coming on board to support cricket at all levels, and particularly at grassroots level.
“There is no doubt that this Standard Bank initiative will play a major part in increasing the development of our talent pool and, in the long run, contribute to the sustainability of the Proteas as world leaders in our great game,” he says.
“Standard Bank wholeheartedly supports all young cricketers who want to play this wonderful game and ultimately emulate the Proteas, a team that represents the fighting spirit of our rainbow nation,” says Mr Masinda. “Young players on this programme can now be given the high-level skills and coaching they need to succeed, while at the same time ensuring our national team will have a rich pool of talent from which to choose in the future.”
Awesome!! We have a team in Plettenberg Bay that would benefit from some sponsorship. How do we go about applying for sponsorship or joining this program?
At Standard Bank, we’ve recognised that designers have power: not only does every person need and love clothes, but the most revered names in fashion all have established business empires that employ thousands.
Yet, of these attire juggernauts, very few are African. The global fashion industry is worth USD3 trillion, but Africa – even with its population of 1.216 billion – claims just one percent of that. It’s not as if the continent lacks talent, resources and manpower; rather, the problems are business-related, such as lack of access to supply chains – both national and international – mentors and skills development opportunities. We are on a mission to change this.
Earlier this year, we launched South Africa’s first fashion accelerator, Threads. In partnership with Mercedez-Benz and curated by the Università Cattolica in the world’s fashion capital of Milan. The programme is designed to help South African fashion entrepreneurs reach their next through the development of critical business skills such as logistics, ecommerce, franchising, accounting and marketing, among other disciplines.
We recently completed the first phase of our Threads endeavour, The Selection Process, in which 12 fashion entrepreneurs were selected from Kwa-Zulu Natal, Gauteng, the Eastern Cape and the Western Cape. This phase consisted of two steps: the first was the online application, which evaluated the participants on their basic business and financial understanding, as well as the solidity of their business structure. The second was a day-long boot camp (one held in each province), where applicants were tested on key business skills.
The 12 chosen entrepreneurs are now about to enter phase 2, The Accelerator. Taking place on four regional campuses, the 12-week curriculum features intense modules encompassing reading material, classes, academic papers, case studies, group projects, tests and field trips – all of these overseen by five judges, experts in their respective fields of fashion, public relations and communications, branding and design, business, and entrepreneurship.
At the end of the programme in March 2018, the participants will present a business case in front of the judges and a review committee. This is phase 3, Graduation and Announcement of the 2017 Edition Winner.
Though the possibilities for partnerships and collaboration are endless during the accelerator phase, competition is fierce, as only one entrepreneur will be selected for the fourth and final phase, International Trade Trip. This is the part in which the overall winner will be taken on an international trade trip to Europe where he/she will be introduced to fashion industry stakeholders, enabled to present his or her product lines to department store buyers and retailers, and attend the biggest B2B trade fairs.
“SMEs that take advantage of globalisation by breaking into international markets have a 30% higher chance of sustainability and profitability in their home market,” says Cleo Zwane, Senior Business Banking Marketing Manager at Standard Bank “By driving entrepreneurship throughout South Africa, Threads hopes to take the South African fashion industry to the rest of the world, and encourage the continent’s progress.”
For more information, please go to https://threadsonline.co.za/
Standard Insurance Limited, the 10th largest short-term insurer in South Africa, is continuing its drive to be the leading insurance services business in, for and across South Africa through its “new ways of working.”
Short-term insurance is a strategic imperative for Standard Bank, and all existing short-term insurance products and services will now be offered as a universal capability throughout all business lines, corporate functions and legal entities, and span the entire Standard Bank Group, including Liberty. However, this universal capability offering is not the only change:
In an effort to understand where the business can improve efficiencies and drive productivity, the division is overhauling its core capabilities throughout all areas of the business – essentially, changing the way it works. This includes the development of a paperless claims process, significant system updates, supplier development and empowerment, and product expansion.
Angela Mhlanga, Head of Insurance at Standard Bank Wealth, explains that all these changes are in the interest of service excellence; traditionally, insurance is a grudge purchase, so it’s important to keep customers happy, especially when it comes to the claims process. For instance, to increase response times for repair work, Standard Insurance Limited is upskilling entrepreneurs in various regions throughout the country. It then provides them with work, so they can make meaningful contributions to South Africa’s development. Likewise, the Standard Bank mobile banking app allows customers to lodge claims seamlessly and have them addressed much sooner than if they call a call centre.
As a result of these initiatives and others like them, the division placed third in the short-term insurance category at the 2017 Ask Africa Orange Index® Awards, one of the longest-running, largest and most-widely referenced service excellence benchmarks in South Africa, held last night at Melrose Arch.
Although Ms Mhlanga acknowledges that the division is not yet where it wants to be, she shares that Standard Insurance Limited is thrilled that their business model of working tirelessly to understand customers; continuously reengineering customer experiences to improve what they do and how they do it; proactively working to protect what matters most to customers; and making a meaningful contribution to South Africa, has resonated so strongly.
“Ultimately, our business is about responding to customer needs by developing our own reputation with clients as their most trusted leading insurance brand supplier. Our experience has shown that our customers appreciate great service – and this is what we will continue to give them by delivering on our promises,” concludes Ms Mhlanga.
For more information on Standard Bank’s short-term insurance offerings, visit www.standardbank.co.za/insurance