Stanbic Bank Chief Executive, Kevin Wingfield has handed over 100 tables and chairs worth TZS 9 million to Kinondoni District Commissioner, Godwin Gondwe, for Kijitonyama Secondary school in Dar es Salaam, thus eradicating the shortage of desks.
The bank’s donation aims to support the government’s efforts to improve the learning environment in schools across the country, cementing its position as a committed partner to education prosperity in Tanzania.
The handover event was held at the school premises on 20th October 2021 and attended by the School headmaster, representatives from Kinondoni municipality, teachers, and the bank’s employees.
Speaking during the handover ceremony, Wingfield said that Stanbic is consistently looking for ways to empower dreams and the donation will play a big role in enabling children’s dreams at Kitonyama Secondary School.
The move is in line with their ongoing campaign Stanbic Madawati initiative that aims to donate 1,000 desks and trees across the country to improve the physical conditions of classrooms and the general environment of schools, which are key in providing conducive learning.
“Stanbic Madawati initiative is aligned with the government priorities in creating a lasting change and through this donation, the students here will have a good environment for learning. The desks are made within the community the schools are located, hence providing an opportunity for locals to benefit from the initiative,” Wingfield added.
On the other hand, Hon Gondwe applauded Stanbic Bank’s commitment to helping to curb the desk shortage situation in the country.
“I have great ties with Stanbic Bank and am very impressed with their efforts to support the community surrounding them. The bank has futuristic thinking, as the government is building more classrooms the need for desks will eventually increase, this donation came at the right time here at Kijitonyama Secondary,” he added.
As part of their Corporate Social Investment (CSI), Stanbic has invested over TZS 1 billion in supporting Tanzania’s education sector in the last five years; by building classrooms, donating desks, and repairing school infrastructure such as toilets to improve sanitation in various schools to mention but a few.
The Bank has also recently handed over seven oxygen tanks to the Bugando Hospital in Mwanza.
Stanbic Bank Tanzania is part of the Standard Bank Group, Africa’s largest bank by assets.
Its Corporate & Investment Banking (CIB) division serves a wide range of requirements for banking, finance, trading, investment, risk management and advisory services.
Corporate & Investment Banking delivers this comprehensive range of products and services relating to investment banking; global markets; and global transactional products and services.
Standard Bank’s corporate and investment banking expertise is focused on industry sectors that are most relevant to emerging markets.
It has strong offerings in mining and metals; oil, gas and renewables; power and infrastructure; agribusiness; telecommunications and media; and financial institutions.
Stanbic Bank Tanzania’s Personal and Business Banking unit (PBB) offers banking and other financial services to individuals and small-to-medium enterprises. PBB serves the increasing need among Africa’s small businesses and individual customers for banking products that can meet their shifting expectations and growing wealth.