In a groundbreaking partnership, Absa has joined forces with the Department of Basic Education to empower learners and kickstart their educational journeys. This innovative collaboration aims to unlock the full potential of South Africa’s youth, providing them with the tools and support needed to succeed.
By Tshegofatso Tube
In a glittering ceremony that celebrated academic excellence, Absa awarded over R1.3 million to 39 of South Africa’s brightest young minds. Each of these exceptional Grade 12 learners received a whopping R35,000, recognizing their outstanding achievements in the 2024 National Senior Certificate examinations.
Hosted by the Minister of Basic Education, Siviwe Gwarube, at the luxurious Mosaïek in Fairland, the event was a testament to the power of hard work, dedication, and passion. As the Class of 2024 makes history with a record-breaking pass rate, these top achievers are poised to shape the future of South Africa.
Dr. Steven Zwane, Managing Executive, Corporate Citizenship at Absa said, “We believe education is the cornerstone of personal growth and societal progress. By supporting students on their educational journeys, we aim to empower them to thrive and achieve their aspirations. In addition to providing access to affordable banking solutions through the Student Account with no monthly fees and unlimited card swipes, we are proud to offer learners access to our ReadytoWork program. This initiative equips students with essential workplace readiness skills, career guidance, financial literacy, entrepreneurship training, digital literacy, mentorship, personal development, and leadership skills, ensuring they are prepared for success in the modern world.”
The R1,365,000 contribution is part of Absa’s broader commitment to driving social progress and financial inclusion. This initiative aligns with the bank’s philosophy of being a “Force for Good,” where purpose drives action to create meaningful impact.
By honouring these learners, Absa reaffirms its dedication to advancing educational excellence and fostering the growth of South African communities. “We are invested in building a brighter future by empowering our youth to reach their full potential,” added Zwane.

Top: Kagiso Tele, Lesedi Secondary School, Gauteng, received the Minister’s Award.
Bottom: Malwandla Convys Baloyi, Nuwe Hoopskool, Gauteng, received the Top Special Educational Needs award.
Right: Tatenda Paurosi, Jafta Mahlangu Secondary School, Gauteng.
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