STANBIC Bank Zimbabwe has partnered with the National University of Science and Technology (NUST) to launch a five-year scholarship programme aimed at supporting academically gifted students from the Matabeleland region who face financial barriers to university education.
The Stanbic Bank Scholarship Fund, which begins with the August 2026 intake, will support five students each year, offering comprehensive financial assistance designed to enable beneficiaries to focus fully on their studies.
Under the programme, selected students will receive full tuition, accommodation, meals, laboratory and equipment fees, as well as a brand-new laptop.
Stanbic Bank Zimbabwe head of brand and marketing, Tariro Memo, said the initiative reflects the bank’s commitment to investing in Zimbabwe’s future by expanding access to higher education.
“This is more than a scholarship. It’s a chance to change lives. We want to give talented young Zimbabweans the opportunity to study, innovate, and build the future they dream of. We believe the next generation of leaders, scientists and creators are right here in Matabeleland, and we are honoured to support them,” Memo said.
She said beneficiaries, who will be drawn from the Matabeleland provinces, will be selected by a joint committee comprising representatives from Stanbic Bank and NUST. Priority will be given to students who demonstrate strong academic ability and genuine financial need.
Memo added that the Standard Bank Group subsidiary views education — particularly in science, technology, engineering and mathematics — as critical to Zimbabwe’s long-term economic growth.
To promote gender equity, three of the five annual scholarships will be reserved for female students.
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NUST vice-chancellor, Professor Mqhele Dlodlo, welcomed the partnership, describing it as a reflection of the shared commitment between the two institutions to expand educational opportunities.
“By committing resources to student scholarships, Stanbic Bank has demonstrated its belief in the transformative power of education. This noble gesture aligns perfectly with the Government of Zimbabwe’s thrust to ensure access to education for all, regardless of backgrounds or circumstances,” Dlodlo said.
He added that the initiative resonates with the university’s belief that preparing the next generation of leaders requires collaboration among all sectors of society.
Dlodlo also urged scholarship recipients to make the most of the opportunity.
“To Stanbic Bank, we extend our deepest appreciation. Your investment in education is an investment in the future of Zimbabwe,” he said.
