Bayport Financial Services has awarded full scholarships to 10 University of Zambia (UNZA) first year students for this academic year to cover tuition, accommodation and monthly allowances.
The scholarships amount to K504, 755.08.
Bayport Financial Services Executive Director Martha Akapelwa said her company also awarded partial scholarships to 40 students who have been granted government bursaries but have not been able to meet other outstanding fee payments.
Mrs. Akapelwa said 60 percent of the scholarships have been awarded to female students.
She said Bayport believes in empowering the girl child because educated women pass the benefits thereof to the whole community.
She said the institution made the gesture in appreciation of the free education that was accorded to the people of Zambia during the leadership of Kenneth Kaunda.
And Minister of Education, Science, Vocational Training and Early Education John Phiri said the initiative by Bayport could create a sustainable platform and mechanism for development if it is emulated by many players in the private sector.
Dr. Phiri said this strong and active private sector participation was only possible if UNZA provides a predictable and conducive learning environment.
He said government acknowledges that the support from Bayport was an opportunity to reflect upon the current system of supporting students at higher education institutions.
Dr. Phiri said it was clear that the old systems were no longer able to deal with the changed social and economic features of the country.
He said it is important to reflection and recognize the important role that the parastatal companies and government play in human resources development.
Thats what I call true patriotism not the lies peddled by PF.
@ Wanzelu, I agree with you 100%.
PF and Kambwili will also sponsor 10 students from the School of Rioting and Stone Throwing at UNZA.
what about your hh
@kanyankula,
What about your Sata who is not even ashamed to waste hundreds of thousands of US$ of state money on fake trips around the globe on the pretext of ‘wooing investors’ and ‘attending UN session’ in New York?
our students need to pay back by respecting other pipo’s human right. pipo want to help them but their behaviour. why shud we continue using ancient ways to get what we want. can the voice of voiceless destroy property of the poor? lets do research and use modern ways to make govt listen
Well done Bayport. Are any of our politicians, Shamenda and Kambwili, going to reciprocate?
Kambwili???? Oh please!!!
Private Institutions have began to rescue PF government of failure to educate Zambian youths especially youths who have qualified for University places.
Well done Bay Point Financial services for the good gesture. Zambians realize this has come about because of the pathetic attitude of PF govt on education. The public is angered by the loss of late Munsaka, a youth whose future ended tragically by taking her own life after denying her a bursary by PF government. We hope Kambwili will be ashamed representing PF government’s heartlessness.
Good gesture,I was just wondering if UNZA is really that expensive.I mean K50,000 plus per year for a first year student. Now I understand why the young lady who couldn’t get bursary committed suicide
all those freedom fighters that received K50,000 from Mahtani should donate to a student. They all already seem like they are well to do.
only 10 STUDENTS and its news?? Kuliboneshya
Sponsoring even 1 student is a commendable job that should not be ridiculed by ungrateful people like you. 10+40other scholarships. Thank you please continue to do good. Others should do the emulate you or do same instead of complaining.
Just curious, ANYOKO, how many students are you sponsoring, even just for nursery school???
1000 at least makes sense. In India death of 500 people is not news at all. RUBBISH
As in Indian lives are worthless???
CONGRATULATIONS MR JUSTIN CHOLA, FOUNDER AND CEO OF BAYPORT.
WE SALUTE YOU!!!
These are our modern day heroes. Thank you ! Gov’t must recognise them in the Jubilee celebrations. Well done, true patriots.