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ABG pledges to invest in Tanzania’s education

Discussion in 'Jukwaa la Elimu (Education Forum)' started by Saint Ivuga, Feb 26, 2012.

  1. Saint Ivuga

    Saint Ivuga JF-Expert Member

    Feb 26, 2012
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    African Barrick Gold (ABG) has pledged to invest more funds for the education sector in Tanzania to support the government's initiatives aimed at improving access to quality education in the country.

    The company, which has four goldproducing mines in Tanzania - Bulyanhulu, North Mara, Buzwagi and Tulawaka - has invested millions of dollars to date in the country's education sector. "We believe education and economic progress go hand in hand, and ABG works closely with the Tanzanian Education Authority to support their priorities and programmes," said ABG on its website.

    "We are helping to develop the infrastructure of schools, offering scholarships to encourage stronger school attendance, actively enabling employees at Bulyanhulu to assist the local community and working with authorities at North Mara on mining community educational initiatives."

    The first Economic Update on Tanzania launched by the World Bank on Wednesday underlines that education has been a national priority where the government has invested as much as 20 per cent of its budget every year, but the next challenge will be to produce more graduates with limited fiscal resources and fast growing school populations.

    The World Bank report said better educated people are more productive and therefore play a major role in making business enterprises become more competitive. On its part, ABG has so far made significant investments to ensure communities in remote parts of the country are provided with learning opportunities as part of its far-reaching corporate social responsibility programme.

    The miner also aims to help support local employment efforts by increasing the education levels in local communities near its mines. The company also supports degree courses related to mining at university and technical college levels as part of its efforts to help Tanzania to build a solid base of mining industry skills.

    As part of this commitment, ABG has co-founded the Integrated Mining Technical Training (IMTT) project in Tanzania - a collaborative initiative between the government and members of the Tanzanian Chamber of Minerals and Energy (TCME). The project aims to establish and integrate high quality technical training courses for the mining sector within the government's existing Vocational Education and Training Authority (VETA) framework.

    This initiative provides qualified school leavers from communities around mine sites with the vocational training and qualifications to be employed in the industrial sector and will create a pool of technically skilled employees to contribute to the growth of the Tanzanian economy.

    To date ABG has invested some $1.5 million in the cost of this initiative and offered students free lodging, tuition, equipment and housing. Students are picked from schools neighbouring ABG mines. ABG has also partnered with the Morogoro-based Sokoine University, the leading environmental sciences and management educational institution in the country, to develop a new Mining and the Environment course.

    The relationship between Sokoine and African Barrick Gold also includes a work-study internship programme for students at its mine sites. The company also provides bursaries and scholarships to some of University of Dar es Salaam's (UDSM) students and academic staff members.

    As part of ABG's support to Tanzania's education sector, the company also invests heavily in the education of its own employees. ABG spends around $4 million per year only in training its employees, which is a huge investment in the company's workforce.

  2. City College

    City College Member

    Sep 25, 2014
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