STANLIB partners with Operation Hydrate to help drought-stricken SA

29 January 2016 – Leading asset manager STANLIB and the Liberty Property Portfolio’s retail centres, (managed by STANLIB), have partnered with Operation Hydrate to offer relief to some parts of the country devastated by the worst drought in over two decades.

Operation Hydrate, a non-profit, non-governmental organisation, was established earlier this month to assist with the collection and distribution of drinking water to drought-stricken areas, particularly the Free State and Eastern Cape provinces.

At a media briefing at the Nelson Mandela Foundation today, STANLIB announced its partnership with #OperationHydrate committing that its retail assets, comprising five shopping centres around the country, would be used to host water-collection drives.

“As a socially responsible business, it is important for us to make a difference and a meaningful contribution to the communities in which we operate, particularly to those who are less fortunate,” says Seelan Gobalsamy, CEO of STANLIB. “Large parts of South Africa have been affected by severe drought conditions and communities in those regions are in dire need of assistance.”

STANLIB donated 104 947 litres of water, collected by their staff and business partners, to #Operation Hydrate. Further water-collection drives will be held at the Liberty Property Portfolio’s retail assets managed by STANLIB – Nelson Mandela Square, Sandton City, Eastgate Mall, Liberty Midlands Mall and Liberty Promenade.

The first collection will be held at Nelson Mandela Square between Friday, 12 February and Sunday, 14 February. Members of the public and the shopping centre’s tenants are urged to donate sealed five-litre bottles of water and drop them off at the Nelson Mandela statue. Contributors will be able to buy bottles of water at the cost price of R10 per five-litre bottle from Checkers Hyper at Sandton City.

It was also announced at the media conference that Sandton City and Nelson Mandela Square would donate R50 000 to Operation Hydrate, which would be used to buy 5 000 five-litre bottles (25 000 litres) of water.

To coincide with World Water Day on 22 March, Sandton City will host a special water collection.

Follow Sandton City and Nelson Mandela Square’s contributions to #OperationHydrate on social media: www.facebook.com/sandtoncity, www.facebook.com/nelsonmandelasquare, @SandtonCity and @NelsonMandelaSqu #OperationHydrate.

For more information contact the Nelson Mandela Square and Sandton City marketing departments on (011) 217-6000 or visit www.nelsonmandelasquare.co.za or www.sandtoncity.com.