Stanbic Bank Hailed for Supporting Education Sector

Government through the Ministry of Education has praised Stanbic Bank for its efforts in bolstering the country’s education sector.

The Ministry Assistant Commissioner Primary Education, Dr. Tony Mukasa Lusambu passed on the praise while speaking at the Stanbic Bank Inaugural Education Forum.

The forum was organized to share ideas on how the private sector can support the government in enhancing education with a focus on skilling students.

Speaking at the event, Mukasa said Stanbic has taken a step in the right direction by supporting public private partnerships to enhance the education sector.

“The Ministry of Education and Sports has a vision for quality education and sports for all. However, we also appreciate that to achieve this, public and private partnerships must be encouraged at all levels. More importantly, the innovations being shared with us, such as the National Schools Championships, help make the school curriculum more relevant to our times,” he said.

“The Ministry will continue working with the private sector as we seek to reform the education sector for the better.”

Speaking at the same event, Dr. Elly Karuhanga the chairman Private Sector Foundation (PSFU) thanked Stanbic Bank for their ideological commitment and strategy towards education and skilling.

“PSFU has been working with the government of Uganda and especially the Ministry of Education and Sports in supporting students in internship and apprenticeship to prepare them for the job market. The Foundation has so far supported 2000 students who have been placed in several companies which has given them exposure. This has in turn exposed the teachers to what employees need at the work place.”


The forum which was organized under the theme, ‘What next for Uganda’s Education system; A private -public dialogue’, cited the need for stronger public-private partnerships in delivering the necessary reforms.

On his part, Stanbic’s Chief Executive Anne Juuko said, the bank’s core Corporate Social Investment is education with a focus on equipping students on life skills, financial literacy, and entrepreneurship skills.

Stanbic Bank CEO Anne Juuko

“All our education programmes such as the Stanbic National Schools Championship are tailored to enhance creativity and build capacity among the leaders and job creators of tomorrow.”

She added, “We encourage creativity and innovation with the aim of transforming our economy. We want future generations that see opportunities in providing solutions to the needs of our communities while sustaining longevity and thus creating more jobs which stimulate wages and business profitability. It can be and we feel an obligation to help make it so.”

“In hosting this Forum, our objective as Stanbic Bank, is to provide an open platform to promote dialogue between the government and private sector to identify solutions to the gaps within the sector and form tangible partnerships that work towards bridging those gaps,” she said.

Back to top button
Translate »

Adblock Detected

Please consider supporting us by disabling your ad blocker