Standard Bank contributes meaningfully to society

The Story

Education is essential for South Africa’s growth and, after #FeesMustFall, Standard Bank asked how they could have a positive impact on tertiary education.

Aqeela Parker’s parents never had the opportunity to pursue a university education, and because Aqeela comes from a big family where funds for studies had to be split between all the siblings, it seemed probable that Aqeela would follow the same path. That is, until Aqeela came across Feenix – an innovative crowdfunding platform for students, supported by Standard Bank. Today, Aqeela is proudly completing her Honours in Environmental and Water Science at the University of the Western Cape and is amazed that it took a mere five months for her degree to be fully funded.

Feenix was born in June 2017, prompted by the #FeesMustFall movement. The action of students against exorbitant university fees resulted in South Africans sitting up and paying attention to the huge challenges students were facing when trying to attend university. Education is essential for South Africa’s growth and, after #FeesMustFall, Standard Bank asked how they could have a positive impact on tertiary education. Through Feenix, they connect funders with students through the principles of networking and collaboration. Students create a profile of themselves, which includes a photograph and their story, and which, says Feenix COO Leana de Beer, communicates to funders that, “These are the young people that you’re helping. They are empowered, they’re strong, they have agency”.

“These are the young people that you’re helping. They are empowered, they’re strong, they have agency”.

Standard Bank is passionately involved in driving inclusive growth, as it is a central component to large numbers of South Africans gaining access to economic opportunities. In addition to innovative education solutions, Standard Bank is actively seeking to contribute meaningfully and sustainably towards solving some of the social ills plaguing society today. For instance, almost 80 percent of South Africans cannot access home ownership. Through the South Hills integrated residential development, Standard Bank is not only making home ownership accessible to thousands of people but is implementing a model which is facilitating ways to integrate people, especially socially and economically.

Through a partnership between Standard Bank, City of Johannesburg, and Calgro M3 local jobs are created, which strengthens the economic position of families in the community. In addition, a big dent is being made in the backlog of 300 000 people on waiting lists for homes in Johannesburg. One such beneficiary is Nomalizo Mba who has waited 22 years for her house, and now says she sleeps ‘like a baby’ at night because she has her own home. Developments are designed to bring people closer to environments of work, healthcare, schools, churches and play, and are not only providing security and comfort but are able to bring dignity to families, thereby transforming them.

Short Films

60 second character vignette

The Drive to Change Lives

Through the South Hills integrated residential development, Standard Bank is not only making home ownership accessible to thousands of people but is implementing a model which is facilitating ways to integrate people, especially socially and economically.

3 minute short summary

Fulfilling A Broader Purpose

Standard Bank is passionately involved in driving inclusive growth, as it is a central component to large numbers of South Africans gaining access to economic opportunities. In addition to innovative education solutions, Standard Bank is actively seeking to contribute meaningfully and sustainably towards solving some of the social ills plaguing society today.

Social Media

Funding Our Future

Aqeela Parker’s parents never had the opportunity to pursue a university education, and because Aqeela comes from a big family where funds for studies had to be split between all the siblings, it seemed probable that Aqeela would follow the same path.

Crowdfunding for Education

Feenix was born in June 2017, prompted by the #FeesMustFall movement. The action of students against exorbitant university fees resulted in South Africans sitting up and paying attention to the huge challenges students were facing when trying to attend university. Education is essential for South Africa’s growth and, after #FeesMustFall, Standard Bank asked how they could have a positive impact on tertiary education.

Driving Inclusive Growth

Standard Bank is passionately involved in driving inclusive growth, as it is a central component to large numbers of South Africans gaining access to economic opportunities. In addition to innovative education solutions, Standard Bank is actively seeking to contribute meaningfully and sustainably towards solving some of the social ills plaguing society today.

A Place to Call Home

Through the South Hills integrated residential development, Standard Bank is not only making home ownership accessible to thousands of people but is implementing a model which is facilitating ways to integrate people, especially socially and economically.

We Are Women

Developments are designed to bring people closer to environments of work, healthcare, schools, churches and play, and are not only providing security and comfort but are able to bring dignity to families, thereby transforming them.