UGANDA, Kampala | Real Muloodi News | Housing Finance Bank (HFB) is thrilled to announce its official partnership with the National Social Security Fund (NSSF) and its sponsorship of UGX 150 million for the highly anticipated 2023 NSSF Kampala Hills Run, slated for July 2nd, 2023.
This collaboration aims to make a significant impact on the education sector in Uganda, aligning with the bank’s dedication to sustainability.
After a two-year hiatus caused by the COVID-19 pandemic, the NSSF Kampala Hills Run returns to raise funds for the improvement of public schools.
This year’s edition aims to gather UGX 1 billion to support the refurbishment of schools, enhancements in sanitation, and the provision of digital labs in more than ten public primary schools across the country.
Mr Medad Mwesigwa, Chief Financial Officer at Housing Finance Bank, highlighted the bank’s motivation behind the sponsorship, emphasising the crucial role of education in economic success and social progress.
He stated, “Education is universally recognised as a crucial driver of economic success and social progress. Quality education and training are fundamental to building a high-skills, knowledge-based economy for sustainable development. Housing Finance Bank is committed to enhancing the quality of education in Uganda.”
During the press conference, Mr Patrick Ayota, Ag. Managing Director at NSSF emphasised the alignment between the run and the fund’s community interventions agenda, which focuses on Health, Education, Youth, and Underprivileged groups.
He expressed, “Our interventions have addressed significant challenges our communities face and inspired other corporate institutions to contribute. This run is a major initiative to raise funds to improve learning conditions in public primary schools.”
Mr Ayota also shared the positive impact of previous run editions, explaining that the funds raised were utilised to refurbish 60 classroom blocks and improve sanitation in 13 primary schools in Kampala.
As a result, over 15,000 pupils now benefit from these enhanced facilities daily, leading to a 12% increase in student enrollment and a 10% reduction in dropout rates in the beneficiary schools.
Housing Finance Bank and NSSF extend a warm invitation to all well-meaning Ugandans, whether individuals, groups, or corporate institutions, to join this noble cause and inspire the next generation of professionals in Uganda.
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