Standard Chartered Bank Zimbabwe ensures that the Bank's core business contributes to addressing Zimbabwe's challenges.
The Bank’s response to the COVID-19 pandemic remains robust as there is continued review on how best to assist communities during and post COVID-19.
- The Oxfam and IRC projects were launched in the first quarter of the year to provide emergency food aid to communities impacted by COVID-19 in Zimbabwe. A total of 6,875 people were supported through the food voucher distributions with a total value of USD368,512.76 in food assistance vouchers redeemed during the project. In addition to the food security assistance provided by the project, over 1,000 households also received additional resilience training on crop and livestock production, food handling and nutrition, village saving and lending, COVID-19 awareness, and gender and protection issues.
- Standard Chartered Zimbabwe also launched a new community project to support young people in Zimbabwe recover from the economic impact of the COVID-19 pandemic. The programme is part of Futuremakers by Standard Chartered, the Bank’s global initiative to tackle inequality by promoting economic inclusion for young people for disadvantaged young people across its markets, including those affected by COVID-19. Delivered by BOOST Fellowship with funding from the Standard Chartered Foundation, the project aims to support young people between 18 and 25 who are struggling to find work or start a business in today’s challenging economic environment. It will provide them with employability and entrepreneurship skills training, as well as mentoring and business support.
Education & Youth Empowerment
As part of the Employee Volunteering programme, the Bank’s Executive team has been delivering online mentorship sessions in partnership with Junior Achievement Zimbabwe to youths aged between 18-25 years across the country. Over 500 youths have been reached to date and the programme will continue for the rest of the year. Staff Volunteers are also delivering Financial Education modules to secondary school children from various schools across the country.
Under the Environment pillar, SCBZ sponsors tree planting activities in the community as our way of contributing towards efforts to raise awareness on climate change. Staff members have planted over 500 trees this year at various sites.