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4-Traders Homepage  >  Equities  >  London Stock Exchange  >  Barclays PLC    BARC   GB0031348658

Delayed Quote. Delayed  - 01/24 10:00:28 am
226.75 GBp   +1.00%
08:30a BARCLAYS : UK’s Barclays Bank donates computer lab equipment t..
01/23 BARCLAYS : Simplifying the Activities of Barclays
01/23 BARCLAYS : Form 8.3 - E2V
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Barclays : UK’s Barclays Bank donates computer lab equipment to Chisomo Children Club

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01/24/2017 | 08:30am CET

LILONGWE-(MaraviPost)-The British oldest commercial Barclays bank, a co-sponsor of English Football League on Monday donated computer lab equipment to the country’s street children’s rescuer and charitable organization, Chisomo Children Club (CCC) worthy MK31 million. The bank made the donation to Chisomo through its mother body, Retrak’s volunteers who are in the country for a study visit.

The lab equipment donated includes 12 computers, printer, saver and salary package for an Information Technology (IT) tutor for two years.

Retrak, a British charitable organization whose motto is” no child forced to live on the street” operates also in other parts of the world including Uganda, Kenya, Tanzania, Ethiopia, DR Congo, Brazil and Malawi.

Ruth Blackhurst, Retrak volunteers’ team member told The Maravi Post that the donation aims at bridging the knowledge gap the marginalized group of people-street children had on technology.

Blackhurst hinted that though the group’s visit (total of ten members) was to chill with the children, they thought it worthwhile to leave behind a mark for the kids.

“Our visit was just to appreciate how street kids are fairing in this country and socialize with them but we thought it wise to do something to them hence the donation.

“Street children are forsaken in terms of education such as computer. So, we believe that the items donated will make a difference to them while we are looking for other ways to assist them next time we are to visit Malawi again”, said Blackhurst.

In his remarks after receiving the equipment Charles Gwengwe, Chisomo Children Club’ Executive Director lauded the bank for the timely donation saying it will go a long way to change the kids skills technologically.

Gwengwe hinted that his institution needs entrepreneurship equipment that those kids rescued from the street can economically stand on their own after the rehab.

“Low income among families is contributing largely to numbers of children who migrate into the street. So, if these kids are equipped with entrepreneurship skills while young, definitely, they will stand on their own economically as their families too are going to benefit.

“Therefore, the donation is timely looking how the kids are sidelined in our society. We want to build technologically and skillful nation through these kids. The organization will make use of any donated items to reach the intended beneficiaries. This is the reason we still need support towards our operation to reach more vulnerable children”, appeals Gwengwe.

Chisomo Children Club subscribes to the Consortium for Street Children (CSC), a charitable organization around the world whose objective is to amplify the voices of street children, promote their rights and improve their lives launched International Day for Street Children in 2011.

Since then, support has grown and the day is currently celebrated in over 130 countries by street children and their countries in addressing numerous myths the society perceive including street children live on street are bustard, street children are boys, criminals and children are pushed onto the street because of family breakups among others.

According to CSC 2014, 2015 and 2016 reports still shows growing number of children living in street including Malawi which tops the list in SADC region as over 60 percent of children leave for their homes to streets with Lilongwe having 30%.

The 2014 Chisomo Children Club‘s head count estimated that about 2,000 an 4,000 children live in the city of Lilongwe and Blantyre respectively whose centers in these two cities rescues about 4,000 yearly from various human rights abuses.

The post UK’s Barclays Bank donates computer lab equipment to Chisomo Children Club appeared first on The Maravi Post.

(c) 2017 Maravipost.com @2009 - 2016 The Maravi Post an Eltas EnterPrises INC Publishing Company Provided by SyndiGate Media Inc. (Syndigate.info)., source Middle East & North African Newspapers

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Financials ( GBP)
Sales 2016 20 936 M
EBIT 2016 5 486 M
Net income 2016 1 062 M
Debt 2016 -
Yield 2016 1,34%
P/E ratio 2016 21,77
P/E ratio 2017 14,71
Capi. / Sales 2016 1,82x
Capi. / Sales 2017 1,76x
Capitalization 38 082 M
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