News

The University of Botswana (UB) has entered into a strategic partnership with First National Bank of Botswana (FNBB) through a Memorandum of Understanding (MoU) signed on the 18th of June 2024.

Vice Chancellor Professor David Norris signed the MoU on behalf of UB while FNBB Chief Executive Officer (CEO) Mr Steven Bogatsu represented the bank during a signing ceremony held at the FNBB head office in Gaborone. The main objective of the collaboration is to provide deserving UB students and graduates with valuable exposure to the professional world. In addition, the MoU outlines a framework through which the two institutions exchange best practices in areas of mutual interest.

Notably, it allows FNBB staff members with specialised skills to impart knowledge and expertise to UB students to create a dynamic learning environment that bridges the gap between academic theory and practical application. Furthermore, the MoU paves way for various collaborative initiatives, including internships, workshops and mentorship programmes designed to prepare UB students for successful careers in their respective fields.

Speaking at the signing ceremony, Professor Norris expressed his enthusiasm about the collaboration, highlighting its potential to create a nurturing environment for UB students and graduates. He noted that, despite possessing immense talent and innovation, young people in Botswana often lacked opportunities to thrive in such environments.

"This partnership signifies our commitment to equipping our young people with the necessary skills to propel them to greater heights," said Professor Norris. "We want to power their intellectual capacity to excel."

Professor Norris also urged FNBB to support UB's research initiatives aimed at addressing societal challenges. He suggested that FNBB should consider naming one of UB's sporting facilities, such as the stadium, after the bank, as a gesture of partnership and commitment to the University's development.

"In addition to providing our students with invaluable work experience, we hope FNBB will also contribute to our research efforts, which are critical for solving many challenges facing our society," observed Professor Norris.

Mr Bogatsu echoed this sentiment, highlighting FNBB's commitment to fostering talent and contributing to the development of Botswana. He stated that collaborating with UB would help FNBB to elevate the quality of education and build a robust talent pool for the country. He added that through collaboration with UB aligned perfectly with FNBB’s focus on creative industries, mentorship and empowerment, environmental sustainability and empowerment.

“This partnership is a deliberate and meaningful step in creating social and economic value,” said Mr Bogatsu, adding that UB and FNBB must approach their partnership with passion and dedication to achieving excellences, fostering innovation and driving progress.