Kitomari Banking & Finance Blog: NMB, UNIVERSITY OF DAR ES SALAAM STRENGTHEN PARTNERSHIP TO NURTURE YOUNG TALENT

Tuesday, 13 October 2026

NMB, UNIVERSITY OF DAR ES SALAAM STRENGTHEN PARTNERSHIP TO NURTURE YOUNG TALENT

University of Dar es Salaam (UDSM) Vice-Chancellor Professor William Anangisye (third left) and NMB Bank Head of HR Shared Services Joseph Ngalawa (third right) join outstanding student Abdallah Hussein Sharif (centre) after the presentation of his academic excellence certificate during the NMB Best Student Awards 2025/2026 ceremony held on October 12, 2026. The awards form part of the NMB–UDSM partnership running through 2029.

Ten outstanding University of Dar es Salaam (UDSM) students pose with university and NMB Bank officials after being recognised for their academic achievements during the NMB Best Student Awards 2025/2026 ceremony. The initiative forms part of a five-year partnership running through 2029 to promote academic excellence and young talent development.

DAR ES SALAAM, October 13, 2026: NMB Bank and the University of Dar es Salaam (UDSM) are strengthening their partnership to promote academic excellence, nurture young talent and prepare graduates for the job market under a five-year cooperation agreement running through 2029.

The partnership, which began in 2023, has seen the NMB Best Student Awards programme expand from recognising three students at the University of Dar es Salaam Business School to honouring 10 outstanding students across different academic disciplines.

Speaking during the NMB Best Student Awards 2025/2026 ceremony held on October 12, NMB Head of HR Shared Services, Joseph Ngalawa, said the partnership reflects the bank’s commitment to supporting higher education and equipping young Tanzanians with skills relevant to the workplace.

He said recognising academic excellence should go hand in hand with preparing graduates for the demands of professional life.

“When we started in 2023, the programme recognised three outstanding students from the Business School. Through our partnership with UDSM, we have expanded that recognition to 10 students across different academic programmes,” Ngalawa said.

He explained that NMB has also supported more than 150 graduates through career-readiness initiatives designed to familiarise participants with banking procedures, workplace ethics and professional communication.

The bank also organises career fairs that connect university students with industry professionals, helping them understand employment opportunities and the skills employers seek.

During the ceremony, 10 outstanding students from the 2025/2026 academic year received certificates of academic excellence and TSh2 million each, bringing the total value of the awards to TSh20 million.

UDSM Vice-Chancellor, Professor William Anangisye, commended NMB for sustaining the partnership, noting that recognising outstanding academic performance encourages students to strive for higher standards of achievement.

He urged graduating students to apply their knowledge and skills in ways that benefit their communities and contribute to national development.

Speaking on behalf of the award recipients, Badawi Abdul Issa said the programme had motivated students to work harder after witnessing previous recipients being recognised for their achievements.

The five-year agreement, which runs through 2029, provides a framework for continued collaboration between NMB and UDSM in recognising academic achievement, supporting talent development and strengthening links between higher education and the employment sector.

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