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Over the past year Nedbank Group was able to build on its reputation as a caring and giving bank, and our primary goal in 2009 is to continue in the same vein. We look forward to many more years of making things happen and making a positive contribution to the lives of those in need as we continue to proactively identify developmental needs, particularly in those provinces where we have thus far enjoyed less representation and involvement.
Thanks to Nedbank Foundation’s financial support and commitment to enterprise development through the promotion of self-employment and entrepreneurship in South Africa, the community of Glenmore, a small rural town near Grahamstown in the Eastern Cape, now has access to freshly baked bread, at affordable prices, without having to travel 50km to get it.
The two new minibakeries in the area, Masisikelele and Masihlumisane Bakeries, are owned and operated by small groups of people from the community, mostly women, who in addition to providing staple food for their communities also pass on the skills and knowledge they can have acquired by mentoring other individuals so that they become employable or are equipped to later start their own bakery businesses.
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