"Mkombozi bank, as its name suggests, is out to liberate the Tanzanian communities out of poverty and we feel it our obligation to support the education of deprived children... the bank has resolved to support the best students through payment of their school fees and other educational expenses," Ms Lupembe said at a brief ceremony to declare the Introduction a scholarship programme at Bethsaida secondary school to promote academic excellence at the private school that educates mostly orphans.
The bank's Managing Director, Ms Edwina Lupembe, introducing the scholarship at the school in Dar es Salaam said the bank through its "Tunawajali Project" has released funds for school fees and other learning expenses for the three best students in the school administered examinations from forms one, two and three.
Initially, the bank will offer the scholarship in three consecutive years, effective this year, Ms Lupembe said.
The bank CEO warned students against the misuse of information and communication technology, challenging the young learners to explore the maximum benefits of technology for their academic excellence and development of the country.
"Globalisation, though helpful to students in their studies, its misuse has spoiled the social morals of our children," she said, noting that many students were wasting a lot of their time on the internet watching materials that are irrelevant to their studies.
Ms Lupembe expressed optimism that the bank's scholarship will promote hard work among students, with each struggling to win the fund, resulting into impressive academic performance at the school.
The school Headmaster, Mr Francis Mkamati, appreciated for the academic support, which he said would have greater impact on the school academically.
"Although it is only few students who will directly benefit from the bursary, we expect this support to have immeasurable academic impact on our school."
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