NEDBANK Lesotho yesterday donated M56 000 towards the Royal Education Development Trust in celebration of His Majesty King Letsie III’s 56th birthday.
His Majesty’s birthday is celebrated on 17 July annually.
Nedbank Lesotho managing director, Nkau Matete said the donation was bank’s gesture to support the Royal Education Development Trust, which raises money to pay school fees for disadvantaged children.
Nedbank started donating to His Majesty five years ago when he turned 51. At the time, the bank donated M51 000 which would increase annually to match His Majesty’s age.
“This is the least that Nedbank Lesotho can do to contribute towards such a noble cause to enable the Royal Education Development Trust to pay fees for the vulnerable children,” Mr Matete said.
“This donation started five years ago and we hope that it will continue in years to come. We are happy that this donation will go on to make education possible for Basotho children. Education frees the mind and also helps emancipate people who can contribute meaningfully to the development of the society.”
On his part, His Majesty expressed gratitude to the bank for donating money towards the Royal Education Development Trust saying it would go a long way in funding education for the needy Basotho children.
“My heartfelt gratitude to Nedbank Lesotho for this gift which will help ease access to education for Basotho children. This donation has been going for a few years now and it has been very welcome and helpful.
“Please convey our warmest regards to the staff and clients of Nedbank Lesotho without whom this donation would not have been possible. May more Basotho continue to support your bank. I thank you on behalf of those who will benefit from this donation because it is going to make education possible for them so that they can improve their lives and those of their relatives as well as the communities in which they live,” His Majesty said.