Babati. Jubilee Insurance has earmarked Sh200 million for scaling up its investment in corporate social responsibility, as part of celebrations to mark 80 years in business.
Officials say that improvement of infrastructure in primary schools will be the major beneficiary of package, taking the lion’s share of the funds, as East Africa’s largest insurance firm seeks to complement the government’s efforts to bolster education.
Handing over the administration block to Gedamar Primary school in Galapo, Babati District in Manyara Region, to which the firm donated Sh25 million, its chief Finance officer, Ms Helena Mzena, said so far her they had spent Sh153 million to support seven primary schools across the country.
“Apart from Gedemar, we have built fully-furnished teachers houses in Bukoba and Zanzibar, whereas we have built latrines for selected primary schools in Mbeya, Dar Es Salaam, Morogoro and Dodoma,” Ms Mzena noted.
Gracing the occasion, which was held over the weekend, the Tanzania Insurance Regulatory Authority (TIRA) commissioner of Insurance, Dr Baghayo Saqware, commended Jubilee Insurance for giving back to the society.
“I’m very proud of Jubilee Insurance for the leading role among peers and complimenting the government’s efforts to improve education. I urge other insurance firms to emulate the company’s spirit” Dr Baghayo said.
Gedamar Primary school head teacher Hamad Mwanga thanked Jubilee Insurance for being generous to the community.
“However, my school still faces a myriad challenges including lack of teachers’ houses, toilets, electricity and classrooms” Mr Mwanga said, imploring Jubilee Insurance to consider supporting them in future.