Stanbic Bank Donates Equipments Worth Sh100m to Makerere University

Stanbic Bank Donates Equipments Worth Sh100m to Makerere University

Stanbic Bank Uganda has donated computers worth Shs 100m towards helping Makerere University management reequip its main administration centre after a recent fire destroyed a substantial part of the famous Main building.

The ‘Ivory Tower’ caught fire on 20th  September 2020, the case is still being investigated by police and other relevant authorities. However furniture and office equipment for several departments including human resources, finance and public relations were destroyed as well as much of the roof.

Anne Juuko, Chief Executive Stanbic Bank Uganda said, “This donation is key for Stanbic Bank as Education forms the key pillar of our Corporate Social Investments. We believe quality education is critical to achieving social and economic growth.

Makerere holds a very special place in our hearts and for the country as a centre of knowledge and excellence. It is, therefore, an honour to respond to the recent appeal by the Vice-Chancellor Prof Barnabas Nawangwe, to work together and rebuild this iconic establishment.”

Prof. Nawangwe is leading a funds raising drive to pay for restoration of the Main building. Established in 1922 as a humble technical school, Makerere University is one of the oldest and most prestigious English universities in Africa. In January of that year, the school, which was later renamed Uganda Technical College, opened its doors to 14 day students who began studying carpentry, building and mechanics.

Source:softpower

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