FNB Foundation,PEP to enhance education readiness

First National Bank Botswana, through its FNB Foundation, has signed a Memorandum of Understanding (MoU) with retail giant PEP, establishing a formal partnership dedicated to enhancing education readiness for learners nationwide.

The agreement paves the way for the introduction of Botswana’s first-ever 99 thebe school shoe program. This innovative initiative aims to significantly reduce the financial burden on families during the back-to-school season, a period when household expenses often peak due to uniform, stationery, and footwear needs.

By making essential school shoes available at just 99 thebe—a symbolic fraction of typical retail prices—the collaboration ensures that more children can start the academic year equipped and confident. The program targets practical support for inclusion, helping to remove barriers that prevent learners from accessing quality education.

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FNB Botswana and PEP emphasized that the partnership goes beyond affordability, reflecting a joint commitment to community empowerment and sustainable education outcomes. Through combined resources and expertise, the two organizations are delivering tangible solutions that address real economic challenges faced by Batswana households.

“This MoU underscores the power of strategic partnerships in driving meaningful change,” representatives from both entities noted. “By focusing on education readiness, we are investing in the future of Botswana’s children and fostering greater opportunities for all.”

The initiative aligns with broader efforts to promote financial inclusion and social impact, reinforcing how corporate collaboration can create measurable benefits for communities during key life moments like the start of the school year. Families are encouraged to take advantage of the program at participating PEP stores across the country.