Connect with us

Hi, what are you looking for?

Capital Business
Capital Business
KCB Group CEO and MD Joshua Oigara/FILE


KCB sets aside Sh131 mn for university scholarships over 10 years

NAIROBI, Kenya, Sept 28 – KCB Group through its social investment arm, KCB Foundation has set aside Shs 131 million for scholarships of university students over the next 10 years.

The firm, through a statement, said the move is an extension of the high school scholarship programme and is aimed at deepening its play in supporting the education sector.

“The top 50 performers from the high school programme will now receive university scholarships catering for the tuition fee in any public university in Kenya, commencing with the 2020 KCSE class,” the firm said.

Besides the top students who attained a mean grade of A and A-, the foundation will also finance the education of the best 2 students living with disabilities each year.

KCB Group Director Marketing, Corporate Affairs and Citizenship, Rosalind Gichuru, affirmed the firm’s commitment to enabling young people to craft a better future for themselves.

“ By extending this package to university, we are taking a step further in guaranteeing a brighter future for each beneficiary. It will not only benefit the individual but also their family, community, and ultimately the nation” she added.

In addition, all eligible students will receive laptops to commence their studies with the scholarships applicable for both university Module I, Module II and any tertiary institution recognized by the Ministry of Education

The programme has had a total of 3100 beneficiaries since 2007 including 1,070 students who are currently in school and another 240 who were recruited for the class of 2021.

Click to comment

More on Capital Business

Executive Lifestyle

NAIROBI, Kenya, Mar 12 – The country’s super wealthy individuals are increasing their holding of bonds, gold and cash, a new report by Knight...

Ask Kirubi

NAIROBI, Kenya, Mar 9 – Businessman and industrialist Dr. Chris Kirubi has urged members of the public to exercise extreme caution when making any...

Ask Kirubi

NAIROBI, Kenya, Mar 24 – Businessman and industrialist Dr. Chris Kirubi is set to own half of Centum Investment Company PLC, following a go-ahead...

Ask Kirubi

It is without a doubt that the COVID-19 pandemic has caught the whole world by surprise. Although its full impact is yet to be...


NAIROBI, Kenya, Mar 18 – Commercial Banks have been ordered to provide relief to borrowers on their personal loans, with loans eligible from March...


NAIROBI, Kenya, Jun17 – Kenya’s tea leaves manufacturer Kericho Gold, has been awarded the Superbrands Seal by Superbrands East Africa for their quality variety...


NAIROBI, Kenya, Apr 13 – As the local telecommunications industry gears up to roll out 5G networks in the country, the Communications Authority of...


NAIROBI, Kenya, Mar 22 – Airtel Kenya is offering free internet access for students in order to enable continued learning at home in the...