Botswana Insurance Holdings Limited (BIHL) Trust on Wednesday donated P50 000 to the Tshwaragano Adventure Trust Everest Expedition which in turn is expected to donate the proceeds to the Cancer Association of Botswana (CAB).
The Trust, which receives annually 1 percent of post-tax profit arising out of the BIHL subsidiaries, has been set up to empower communities to be sustainable and to alleviate poverty.
This week BIHL Trust partnered with the Tshwaragano Adventure Trist where a cheque was presented to the latter in a bid to raise funds for CAB. Accordingly, two representatives from the Tshwaragano Adventure Trust will embark on a journey to climb the highest mountain in the world, Mount Everest. In the trip that will take place from 18th of March to the 1st of April 2015, the two are expected to arrive at an altitude of 5, 364 metres and through the initiative, the trekkers aim to raise P250 000 for CAB.
BIHL Trust chairman, Major Gen Bakwena Oitsile, said during the cheque handover that the trust believes in supporting initiatives that contribute to the sustainable development of among others, sports, social welfare and health platforms.
“To our satisfaction, this initiative cuts across to touch on those areas. Part of our history and indeed our future, involves getting on various levels within the health arena, one of which is in the fight against cancer especially with the escalating cases of cancer being recorded in Botswana,” said Oitsile.
BIHL Group CEO Gaffar Hassam said as a financial services company which has life insurance business as its subsidiary, Botswana Life, they are always concerned with issues of mortality. “So when a project of this nature arises, it’s a natural fit for us,” he said.
BIHL Trust has to date given back over P10 million to worthy projects throughout Botswana. These are projects that have contributed to the improvement of sectors such as education, arts and culture, sports, social and welfare development, health and social security.