Business

MTN Uganda contributes towards Stanbic Bank National schools championship

MTN Uganda has contributed shs50million towards the Stanbic Bank National schools championship project.

The National Championship project is an annual Stanbic initiative that seeks to equip secondary school students with business and enterprise skills in a bid to nurture entrepreneurship, creativity and long term business thinking.

Sem Somdev, MTN Uganda’s chief marketing officer said the initiative by Stanbic is commendable as it helps prepare the students for a bright future which will ultimately be good for the nation.

“The actions we take today will determine the outcomes of tomorrow. This has to be deliberate because things don’t just happen automatically. We commend Stanbic bank for taking this initiative and call on others to take similar initiatives so that collectively we can make a big difference,” he said while handing over the cheque.

The Bank’s Chairman, Japheth Katto said the championship would respond to the need for reducing youth unemployment which is a serious problem in Uganda and beyond. “It is imperative that we ensure this young population is participating productively for the good of our country’s economy,” Katto said.

This year, up to 100 schools are taking part in the fourth edition of the championship up from just 42 schools when it started indicating a growing interest in the program.

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