Monday, September 11, 2006

Barclays’ wash raises Shs55m

ASHAH NTABADDE & EDGAR R. BATTE
Kampala
BARCLAYS Bank in partnership with the African Medical and Research Foundation AMREF has raised Shs55 million for malaria prevention and control projects in Nakasongola district.
Speaking during the fundraising car wash at Kololo Airstrip on August 12, the Barclays Bank Managing Director, Mr Nick Mbuvi, said the event that attracted over 100 vehicles raised about Shs48 million, which Barclays would top up to make Shs55million.
The fundraising drive was conducted in partnership with Celtel, MTN, Utl, PricewaterhouseCoopers, Rosebud, United Assurance and Quality Chemicals among others.
"We made this open and invited all our corporate and individual customers to participate by buying packages in order to raise our contribution for AMREF," Mbuvi said.
Packages were in form of cards in two categories for corporate and individuals. Corporate stickers were sold at Shs500,000 (Bronze) for three cars; Shs1 million (Silver) for six vehicles and Shs15 million (Gold) for nine cars. Individuals bought stickers at Shs20,000 each.
Mbuvi said Barclays' 2006 Community Investment initiative focuses mainly public health and education.

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