National Bank of Malawi (NBM) plc has donated K7.5 million to enable the Catholic University of Malawi (CUNIMA) to purchase academic resources that will enhance the quality of teaching and learning at the institution.
Speaking during the ceremony, the Vice-Chancellor of CUNIMA, Father George Buleya, said NBM has proved to be a trusted partner in need.
“We are very happy to receive this donation towards the support of our library resources. The donation of K7.5 million will assist in the acquisition of books and other teaching aids that will improve the quality of learning here,” said Father Buleya
The Vice-Chancellor said the institution is looking for funds in the region of K200 million to meet the intended target and it is halfway short.
He said: “Thus we take National Bank donation, timely and a huge step towards fulfilling the goal.”
CUNIMA Director of Academic Affairs Rev. Father Wilfred Sumani said NBM’s financial support will help fill up five standard library shelves with prerequisite textbooks.
In his remarks, NBM’s Head of Corporate Banking, William Chatsala, said the bank’s commitment to various initiatives including those in the education sector will be sustained.
The bank assured the gathering that it allocates 2 percent of its profit after tax to various courses, yearly.
“Education is a key sector and we give it priority year in and year out. We pledge our commitment to courses of this nature that make a difference,” said Chatsala.
CUNIMA disclosed that it is also reviewing its curriculum so that it matches the prevailing demands on the job market.