Africa’s largest bank, South Africa-based Standard Bank, made a $50,000 donation to the COVID-19 relief effort in China. Sim Tshabalala, CEO of Standard Bank South Africa made the donation on Monday during a ceremony with Chinese Ambassador Lin Songtian.
It’s worth noting the effusive language that both Ambassador Lin and the Chinese official media used to describe the donation in their Twitter posts. This kind of rhetoric is typically reserved for political leaders and governments, not private companies.
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