StanChart Nairobi marathon targets Sh70m

Friday, August 2nd, 2019 00:00 |
Standard Chartered Bank Kenya CEO Kariuki Ngari and Marathon’s Committee Chairman Peter Gitau Flags off the runners during the launch of this year’s marathon. Photo/DAVID NDOLO

Organisers of the 2019 Standard Chartered Nairobi Marathon are targeting  Sh70 million from participants and sponsors which will go towards the  ‘Seeing is Believing initiative’ which focuses on addressing avoidable blindness among children below 15 years.

In what will be the 16th edition of the race, this year’s event will take place on October 27 at it is traditional host venue, Nyayo National Stadium, which has been undergoing renovations for the last two years.

Railway Club hosted last year’s race as Nyayo was undergoing repairs.  “As Standard Chartered, we plan to raise $50 million (Sh5 billion) in five years through initiatives like the marathon.

With this fund, we shall find and support solutions that bridge inequality and drive sustainable growth. Our goal is to empower 500,000 adolescent girls, support 100,000 youth towards employability and build the entrepreneurship capacity of 50,000 micro and small business,” said Kariuki Ngari, CEO Standard Chartered Kenya and East Africa.

Sports Principal Secretary Karimi Kaberia, who committed to run the 10km race said: “We appreciate the role played by the private sector in enabling sports in the country and for those engaged in doping, we are coming for you.” 

The marathon will feature six race categories; 42km, 21km and 10km all men and women, 21km wheelchair men and women, 5km Family Fun Run and the popular 3km CEO challenge.

Winners of the 42km race will pocket Sh2 million each, a significant increase from past editions where winners were rewarded Sh1.5million, while second and third place fetch Sh1million and Sh650,000 respectively. 

The winners of 21km will walk home with Sh3500,000 while second and third attract Sh200,000 and Sh150,000 in that order as Sh200,000 goes to 10km conquerors.

Online registration started yesterday for individuals and cooperates. Individuals will pay Sh2,000.

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