University of Botswana Foundation Board of Trustees Chairman, Mr Satar Dada, has thanked Batswana and companies that continue to offer support to the fund raising activities of the Foundation.
Mr Dada was speaking at the 19th UB Foundation Annual Gala Dinner held at the Gaborone International Convention Centre on November 8, 2019.The theme of the dinner was How the Fourth Industrial Revolution can Address Africa's Economic Vulnerabilities.
Mr Dada said the Foundation enjoyed support from well-wishers and friends in and outside the country. He appreciated the Chancellor and Vice Chairman of the Foundation, Ms Linah Mohohlo’s efforts who during her tenure as Bank of Botswana Governor secured funding from Northern Trust Corporation whose headquarters are in Chicago, United States Of America.
Through the funding, the UB Foundation established the First-in-the-Family graduate scholarships which have now benefited 20 Batswana, 14 of whom graduated with MA in Economics, one with MBA whilst five are still pursuing MA in Economics. Mr Dada said since 2011 to date, the Northern Trust had contributed P760 000.
He noted that to date the graduate scholarship fund had grown steadily through the years to just below P9 million and had sponsored graduate students in different disciplines spread across the university of Botswana.
“It is also worth noting the annual contribution of P350 000 made by Investec Asset Management to UB Foundation as a platinum sponsor for this event in the last five years,” observed Mr Dada.
Other major sponsors, he said, included the Ministry of Tertiary Education, Research, Science and Technology, Botswana Life who were this year’s gala dinner Gold sponsors.
“I am eternally grateful for the support and guidance from the University of Botswana Foundation Trustees,” he said further thanking the dinner organising committee for a job well done.
Other companies that make the list of sponsors are Letshego, Dynamic Insurance, Motor Centre, Botswana UPenn Partnership and Alexander Forbes.
Mr Dada emphasised that funds raised through the dinner and other events offered the needy, talented and deserving young Batswana opportunities to enrol for post graduate studies at the University of Botswana to achieve the objective of increasing national research capacity and propel Botswana towards a knowledge-based economy.
“I am happy to share with you tonight that hundreds of Batswana have benefited from graduate scholarships through money raised from such events as this one, thanks to the continuing support by the public and industry,” he said.
Another company, Laurelton Diamonds Botswana, a leading diamond cutting and polishing factory and subsidiary of Tiffany and Company, has supported the University’s disability unit since 2013, donating P1 million to date towards assistive technology devices for students with disabilities at UB.
Mr Dada through such kind gesture, UB has made strides in strengthening the disability support services for students with disabilities.