We have again sponsored the main event of The Cape Wine Auction, which took place on Saturday, 2 March 2019 at Buitenverwachting in Constantia, Cape Town
Each year The Cape Wine Auction raises money to support education in the Cape Winelands, enabling wine lovers to give back through engaging their passion. This year R14 625 million was raised, bringing the total amount raised since the first auction in 2014 to R88 million.
As part of the trusted Nedbank Group, Nedbank Private Wealth is one of the largest wealth managers in South Africa
We have been helping clients successfully structure, grow and protect their wealth for nearly 200 years by offering comprehensive international wealth management advisory services. Our integrated banking, investment management, estate and tax planning, and lending services mean you can rest assured that your wealth is well diversified and expertly managed. With a presence in six countries, we also help our clients to take advantage of international opportunities, but with the convenience of easily accessible local support. Our services are based on objective, expert and personal advice that connects all your objectives and goals to your financial decisions.
Our sponsorship ensures that every rand from the auction is donated to educational initiatives
Our sponsorship of The Cape Wine Auction means that all the proceeds from the main event are donated to the 22 beneficiaries of The Cape Wine Auction Trust. These beneficiaries are carefully selected for the positive and sustainable impact they have on the lives and education of children in the Cape Winelands.
We also sponsored some exclusive lots
In addition to sponsoring the main event, this year Nedbank Private Wealth also sponsored a luxurious weekend getaway for eight at an exclusive safari lodge and double tickets to the 2019 Nedbank Golf Challenge at Sun City.
Education provides a crucial lever to transform our country
‘Nedbank Private Wealth supports several initiatives aimed at empowering young people through its two foundations, and education is a critical cornerstone,’ says Nedbank Private Wealth’s Head of Philanthropy, Noxolo Hlongwane. ‘The Cape Wine Auction donations enable the comprehensive and holistic support for education, which aligns with Nedbank’s focus on investing in young people.’
We are committed to encouraging philanthropic giving in South Africa
In addition to supporting initiatives such as The Cape Wine Auction, we use our philanthropic expertise to enable clients to give in a sustainable manner and leave a lasting legacy. ‘We provide advice to individuals, families and non-profit organisations to ensure their giving has a sustainable, long-term impact’, explains Hlongwane. Our expertise is endorsed by independent industry recognition. In 2018 Nedbank Private Wealth won the Philanthropic Advice category in the prestigious Euromoney Private Banking and Wealth Management Survey for the fourth consecutive year. The Euromoney survey is the industry’s leading barometer of the world’s best wealth management and private banking services.
Click here for more information about the CWA and CWA Trust.
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