DCs praise NMB for investing in billions in health, education sectors

16Aug 2021
By Guardian Reporter
Dar es Salaam
The Guardian
DCs praise NMB for investing in billions in health, education sectors

DISTRICT commissioners from Kinondoni Godwin Gondwe and his Bunda ounterpart, Joshua Nassari have praised NMB Bank Plc for supporting government efforts to improve education and health sectors.

Gondwe and Nassari said while receiving desks, tables and chairs given to public schools in their districts last week that the bank which allocated 2bn/- this year to invest in community projects is a valuable partner of the state.

"Through its corporate social responsibility in health and education sectors, NMB is enabling the nation to have a well educated society with good health to support in the development of the country," Gondwe said.

Gondwe whose district also received an assortment of health materials valued at 14m/- for Mwananyamala Hospital and Bunju Health Centre said the donation will help improve delivery of services. “We thank NMB for continued investment in education and health sectors,” he said. Mikumi and Wazo Hill Primary Schools got 50 iron sheets and 100 desks each.

 In Bunda district, Nassari said the NMB support will also help improve performance of pupils in public schools. "I am very much impressed with Manyamanyama residents who tirelessly worked to fullfill their plan of having their own secondary school. I promise to help this school become one of Bunda’s high schools in the near future," Nassari said while commending NMB’s management for donating 100 pieces of iron sheets worth 13.5m/- to support the new school.

In remarks after handing over the donations, NMB Dar es Salaam Zone Manager, Donatus Richard and his Laze Zone peer, Baraka Ladislaus said the country’s most profitable bank allocated 2bn/- this year to invest in education, health and relief aid in case of disasters.

Richard said the bank is committed to work hand in hand with the state and other stakeholders in supporting development in the country.  "The NMB Bank sets aside one percent of its annual profit to give back to the community through investment in community projects. We will continue supporting education and health sectors in the country because of the importance of these sectors," he pledged.

Ladislaus backed Richard’s observation by saying, “As a bank, NMB has a responsibility to give back to the community that supports its profitable business.” Last year, NMB made a windfall of over 205bn/- net profit.