Ubank Empowers Women

Ubank strives to change its communities by empowering women.

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In August we celebrate more than 20 000 women of all races who marched in 1956, making their way to the Union Building to protest against the proposed amendments to the Urban Areas Act of 1950, commonly referred to as the "pass laws". This was an attempt to fight back the injustices they faced.

Many years later these injustices have evolved and still restrict women’s movement.  Women in many parts of the world still face inequality, oppression, unfair labour practices in their work places and various forms of abuse; while their girl children are prevented from attending school and simply “held” back because of their gender. This further cripples the women’s prospects of ever being fully independent and most importantly being financially independent.

It is with this that Ubank together with Royal Bafokeng Enterprise Development (RBED) hosted women entrepreneurs from Bafokeng Community for a Financial Empowerment Workshop. The workshop was be held at Phokeng Conference centre on the 9th August 2019 from 08h30 until 15h00. The workshop informed the attendees about the importance of budgeting, saving and how best to manage their business finances. This was our way to celebrate Women’s Day and rejuvenate our commitment towards women in our communities said Ubank CEO, Luthando Vutula.  

As a bank we strive to educate and empower our customers and our communities especially women every opportunity we get. We believe in the African proverb that “If you educate a man you educate an individual, but if you educate a woman you educate a family (nation)”, says Vutula.

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