Over 900m/- spent from NMB’s 1bn/- allocation for community support

08Nov 2018
Dar es Salaam
The Guardian
Over 900m/- spent from NMB’s 1bn/- allocation for community support

OVER 900m/- of the 1bn/- that NMB Bank Plc set aside this year to invest in education, health and emergency relief as part of its corporate social responsibility has been spent out.

Kilindi District Commissioner, Sauda Mtondoo (2nd L) receiving a donation of building materials, hospital equipment and desks from NMB Bank’s acting Northern Zone Manager, Cosmas Sadat (L) as part of a 60m/- donations made by the bank to Kilindi and Korogwe districts this week. Photo: courtesy of NMB.

NMB’s acting Northern Zone Manager, Cosmas Sadat said the cash has been used to finance purchase educational materials, desks and classroom renovation, medical equipment and health centre rehabilitation but also relief aid for disaster stricken people.

“As NMB we recognise that communities give us clients, workers and businesses which we cater for hence we made it a corporate culture to return part of the profits that we make annually by investing in community projects,” Sadat said after handing over desks, construction materials and medical equipment to Kilindi and Korogwe District Commissioners worth 60m/- earlier this week 


Sadat who handed over 200 desks, construction materials for 10 public schools and health centres in the two districts of Tanga region, said NMB’s leadership cares for the public because they also support the bank.



“For 2018, NMB allocated 1bn/- for community social investment, making it the largest private budget to invest in community services such as health and education,” the acting Northern Zone Manager. The amount has so far purchased over 5,500 desks donated to 110 public schools countrywide while medical equipment, beds and mattresses have also been donated to health centres countrywide.



Speaking after receiving the donations, Kilindi and Korogwe District Commissioners, Sauda Mtondoo and Kissa Kasongwa paid tribute to the bank’s management and staff for the timely support of community projects in their districts.


“You donation will help us address the shortage of desks and classroom in our district while also addressing health needs which because of growing population, have been stretched much,” Mtondoo said.


“Despite the fact that the government has invested heavily in education and health sectors, we still need private support to address some problems which have arisen from increased enrollment of students,” Kasongwa noted.


Schools and health centres which benefitted from the donations include: Mtonga, Kwasemangube, Kwamngumi, Kijiungumoto primary schools and Korogwe Girls and Semkiwa Secondary Schools in Korogwe district.


From Kilindi, the beneficiaries were: Mafisa, Nkama, Songe primary schools and Kimbe Secondary School.



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