HOW STANBIC IS CHANGING THE RULES OF FUND RAISING

Tom Bisonga, Head of Corporate Investment Banking and Desideria Mwegelo, Head of Marketing and Corporate Affairs at Stanbic Bank Tanzania, handing over a cheque at last year's Charity Goat Race. 

What does a bank, goats, drinks, good food and charity have in common? 

Not much, you may think. But in case you missed it, goats will race at The Green grounds on Kenyatta Drive in the city for the annual Dar es Salaam Charity Goat Races.  This Saturday, the races will reach their climax after a 16-year run as the social event of the year.  

Stanbic Bank has sponsored the event over the years that has grown leaps and bounds in supporting special groups, vulnerable children and charity organizations in the country.

The Goat Races are a fun family event, attracting thousands from across the country. The bank’s true blues race will also battle it out in a competitive finale.

However, in all the fun, it’s important to remember that the event’s ultimate purpose is to raise funds for charities in Tanzania and create a wider awareness in the community about less fortunate groups in need of support.

Speaking during a press conference on Wednesday, the race committee co-chairperson, Rachel Carlin said preparations for the eagerly awaited event are on course and that they expect to raise Sh120million during the event.