SLB invests M240k through LUCSA partnership

Standard Lesotho Bank (SLB) has announced apartnership with the Lesotho Universities and Colleges Sports Association (LUCSA) through a sponsorship worth M240,000 for two years. 

The Bank says the agreement reaffirms its longstanding commitment to empowering young people and advancing initiatives that promote sports development.

LUCSA, a consortium of local institutions and universities, was established in response to growing concerns about the social challenges faced by young people upon entering higher learning institutions. According to one of the association’s advisory members, many students see university life as an opportunity to experiment with behaviours they could not engage in at home, ranging from substance abuse to risky relationships that often result in unplanned pregnancies. 

These pressures, particularly affecting young women, have in many cases led to academic dropouts. LUCSA was therefore, created as a constructive platform to channel youthful energy into sports and leadership development programmes that help students remain focused on their studies and future aspirations.

With this support, LUCSA will continue to play a critical role in providing platforms for youth participation, leadership growth, and holistic development. 

The LUCSA final games are scheduled to take place this weekend at the Lesotho College of Education (LCE) and Bambatha Ts’ita Sports Arena, marking an exciting highlight in the association’s sporting calendar.

Speaking on the partnership, Manyathela Kheleli, Brand and Marketing Manager, Communications and Sponsorships at Standard Lesotho Bank, said: “At Standard Lesotho Bank, we strongly believe that young people are the heartbeat of our nation. By partnering with LUCSA, we are not only supporting academic and sporting excellence, but also nurture our future leadersto redefine their futures and thrive.”

Standard Lesotho Bank remains one of the biggest supporters of youth development and community upliftment in Lesotho and beyond. 

He noted that the Bank’s contribution is a solid proof of dedication to shaping a brighter future for the next generation by investing in education, wellness, and sports as key drivers of positive change. 

“Through partnerships such as this one, the Bank continues to demonstrate its commitment to driving meaningful impact and building a society where young people are empowered to succeed,” Kheleli added.