Stanbic Bank Zimbabwe is this year providing scholarships for seven students at Africa University, who were Last week presented by the bank with laptops and laptop bags to assist them with their studies.
The scholarships, which cover tuition fees and related expenses such as accommodation, meals, learning materials and other living expenses, cover the students for the full duration of their studies, which is four years.
One of the beneficiaries earned a place on the university’s Dean’s List for Academic Excellence in their first semester.
The bank’s public sector head, Sarah Charangwa, presented the students with their laptops and laptop bags, which she said should enable them to participate fully in online and blended education.
The students are the second group of students to receive scholarships from Stanbic Bank. The first group consisted of five students, who graduated last year with Bachelor’s degrees.
The scholarship programme was launched in 2020 as a comprehensive four-year scholarship programme, supporting the students for the full duration of their degree.
The bank has had an enduring relationship with Africa University, reflecting its commitment to youth empowerment and sustainable community development.
According to Ms Charangwa, Stanbic bank actively engages with the students in order to understand their needs and provide them with personalised support on their academic journeys.
“Beneficiaries study in Africa University’s multi-cultural environment, broadening their perspectives and nurturing leadership skills, which we as a bank consider important,” she said.
“By providing comprehensive financial and academic support, Stanbic Bank Zimbabwe believes it is helping build a strong foundation for economic growth and nurturing the next generation of leaders.
“The provision of laptops and accessories is intended to further assist these students, who in today’s world need to make use of modern technology to advance their knowledge and be equipped for online learning and internet research,” she added.
Stanbic Bank places great emphasis on corporate social investment, focusing on several impact areas that include Health and Sanitation, Education, the Environment and Sports.
Africa University’s Director of Advancement and Public Affairs, Jeanette Dadzie, praised Stanbic Bank for what she termed its visionary approach to corporate social responsibility.
“Stanbic Bank Zimbabwe’s scholarship programme is a shining example of how strategic corporate social investment can transform lives and communities,” she said.
“By providing comprehensive support – covering tuition, accommodation, meals and even essential tools like laptops – the bank is not just investing in education but also empowering the next generation of leaders.
“The fact that one of the beneficiaries has already earned a place on the Dean’s List for Academic Excellence speaks volumes about the programme’s impact,” she added.
“This initiative goes beyond financial aid. It fosters a holistic environment where students can thrive academically, develop leadership skills and gain exposure to a multicultural setting at Africa University.
“In a world increasingly driven by technology, the provision of laptops ensures these students are equipped to navigate modern educational demands and contribute meaningfully to the digital economy.
“Stanbic Bank’s enduring partnership with Africa University highlights its commitment to youth empowerment and sustainable development.
“Programmes like this are not just about creating opportunities. They are about building a brighter, more inclusive future for all.
“We applaud Stanbic Bank Zimbabwe’s visionary approach to corporate social responsibility and for being a catalyst for change in the lives of these talented students,” she said.
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