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ANCYL: Statement by Floyd Shivambu, African National Congress Youth League spokesperson, on the meeting with Nedbank (06/11/2009)

6th November 2009

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The African National Congress Youth League leadership met with the Chief Executive Officer of Nedbank, Tom Boardman on Friday, the 6th of November 2009 in Esselen Park, Kempton Park. The ANC YL expressed concern over what was presented as Nedbank sponsorship withdrawal from Athletics South Africa. The ANC YL further raised the need for corporate South Africa and Nedbank in particular to sponsor sports development, successful sports men and women in the country, particularly the IAAF World Championships Medallists.


The ANC YL and Nedbank reached common ground on critical issues, particularly the following:
• Nedbank has undertaken to engage with other South African corporates and government, to find ways to further support the development of deserving athletes.
• Nedbank reaffirmed its commitment to continue the support for road running at large in South Africa.

The ANC YL is satisfied that Nedbank has shown commitment to sponsor sports development in South Africa and heeded to our call that corporate South Africa should sponsor the IAAF World Championships Medallists.

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