Standard Bank gives K8m to Nkhoma University in Malawi

Standard Bank has donated K8 million to Nkhoma University, one of the country’s newest institutions of higher learning.

Speaking during the cheque presentation ceremony at Standard Bank head office in Lilongwe, the visiting Personal and Business Bank Chief Executive Officer for Africa Zweli Manyathi described education as backbone for socio-economic development.

Zweli Manyathi ;Education is a form of social capital

Zweli Manyathi ;Education is a form of social capital

“Education is a form of social capital which developing countries in Africa must consider seriously if they hope to move their people from poverty to prosperity. For our part as Standard Bank, we are committed to playing our part to help improve the education systems of the countries we operate in. Malawi is a priority on that list,” Manyathi said.

Manyathi said the education sector remains one of focus area in Standard Bank’s Corporate Social Responsibility (CSR) support.

He said the bank will continue working with government and other stakeholders in uplifting the quality of tertiary education in Malawi.

“Standard Bank would like to re-affirm our commitment to assist in uplifting Malawi’s education standards,” he said.
Nkhoma University opened its doors in the year and currently is offering among which
This year the bank also donated K5 million to DAPP Teachers College towards scholarship for needy girls at the institution.

In his remarks Nkhoma University Chancellor Professor Kanyama Phiri hailed Standard Bank for the donation describing it as timely.

“On behalf of Nkhoma University I would like to express my gratitude to Standard bank for this huge donation,” said Kanyama.

Kanyama said the money will assist the University among others constructing of administration.

“The university is lacking a number of infrastructure items such as administration blocks and this donation will go a long way in addressing some of these challenges as we working towards government accreditation process of the university,” he said.

Nkhoma University opened its doors in September 2013 and currently it has a total of 180 students.

The University is offering education, theological and commerce studies. The college is also expected to introduce nursing studies in January 2015.

Follow and Subscribe Nyasa TV :

Please share this Article if you like Email This Post Email This Post

More From Nyasatimes

More From the World

11 thoughts on “Standard Bank gives K8m to Nkhoma University in Malawi”

  1. Livulezi river says:

    Mr Manyathi!!!! The money is just too little considering that the bank had recently recovered over half a billion kwacha which was stolen by the bandits. and here you are thanking god with a meagre K8m. Is it fair??? Ndi ya mpingotu iyi!!! It should have donated at east K50 million not that amount. Anyway, poti ndizopatsidwa, ndingotibe zikomo ” BANKI” . Poti ndiye kuthokoza kwa ife Angoni!!!! Akanakhala menthe tikanati zikomo ” PHIRI”

  2. naphir says:

    imwe mwatani, musiyeni munthu wa ku Kasungu.He did not ask for it

  3. yohane says:

    Guys koma ma university aku malawi eeeeeh maphunziro alibwino koma ma building eeeh nzungu kulowamo osamvatu kalikomse kuona ngati chimugwera. Azibusa osabanso ndalamazi musativute ndi ma paper sunday.

  4. Chemjambe says:

    Kodi mwati ili pati pati university imeneyi? tikungomva ife zakuti a Nkhoma synod anatsegula university

  5. KEY CUSTOMER says:

    THE CORPORATE UNDERSTANDING IS TO ASSIST INSTITUTIONS ONLY ON THE CENTRAL REGION, SCHOOL ME IF THEY HAS BEEN OTHER INSTITUTIONS ASSISTED IN SOUTH EASTERN, SOUTHERN AND THE NYIKA REPUBLIC BY THIS POPULAR BANK

    1. Thoko Banda waku Thyolo says:

      Iwe key customer, mpaka “they has been”? unaphunzira free primary school nthawi ya tcheya eti? kkkkk!

  6. Yobe boo says:

    Zachilendo koma EEEEEh Mpaka NkHOMA university? maphunziro ndiye apheka. Kukhala zenizeni kumeneku? Ndakayika

    1. Chemjambe says:

      Adya ndalama zimenezi azi Busa akumeneko ndi anthu adyera heavy!

  7. Mbolo Sidwala says:

    Please help. Prof. Kanyama Phiri? Chancellor of Nkhoma University? Is he not the same who is V.C of LUANAR? Sipali conflict of interest apa?

    1. eye eye says:

      ndiomweo ndithu Vice chancellor LUANAR, chancellor Nkhoma University…..eeetu…only in Malawi….Vc..UNIMA is also Chairman MUST in Ndata..eetueeeh…..roundand round we gomanaging this university and then guiidng another university….

    2. Yobe boo says:

      AKANYAMA PHIRI, UMBULI UMENEWO, MUKUPANGITSA KUYIKAYIKIRA KWAMBIRI UNIVERSITY IMNEYO. MUKUNDIUZA KUTI ANTHU ENA KULIBE KUTI NOKHANU MUKHALE CHANCLOR, VC, CHAIR KULIKONSE? AAAAAAAAH! MADALA UKAPE UMENEWO, MUZIKANAKO ZINAZI OSANGOPHANGIRA ZONSE NOKHA.

      BIG PROBLEM WITH OLD SCHOOL BOYS. NZACHIKALE ZIMENEZO.

Comments are closed.