DURBAN - The Durban Chamber of Commerce and Industry CEO Palesa Phili has challenged the business community to donate money on Mandela Day.
Phili has challenged businesses to donate at least R67 to the University of KwaZulu-Natal Foundation.
According to a media statement from the Durban Chamber that the amount of R67 as the minimum donation to make it affordable for people to donate to this worthy cause.
The money from the foundation will be used to fund the studies of at least 20 students at the university.
Professor Anesh Singh, the Executive Director of the Foundation, said that they are looking to raise R1,5 million to pay the tuition of 20 students at UKZN.
"We are appealing for the support of individuals to help us fund at least twenty students this year," said Singh.
The UKZN Foundation is the fundraising arm of the institution. The foundation receives donations from other foundations, trusts, estates and business which is used to create bursaries for the university's students.
Singh said that students that don't have financial aid from NSFAS or bursaries from other companies will be eligible for the bursary from the foundation.
The student should also be on the priority list for financial aid at the university and must have an excellent academic record.
Phili said, "We have partnered with the UKZN Foundation for this campaign because it epitomises our commitment to the ideals and values Nelson Mandela lived by".
She added that they will not only honour his memory and raise money for a cause that is close to his heart but will empower the next generation with the tools to impact social change.
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