Old Mutual Malawi has handed over MK33 Million to the hosting of the Mathematics Olympiad by the Mzuzu University, a feat which means this is the eighth time the company has made the commitment.
Speaking at the symbolic presentation of the sponsorship, Old Mutual Malawi Marketing and Corporate Affairs Manager, Patience Chatsika, said the latest support signifies how they deem of the initiative which has demonstrated a contribution to Malawi’s great mathematical minds.
‘’As Old Mutual, we acknowledge that mathematics spurs economic growth, observing that it is a result of its unquestionable contribution to the various businesses and professions that Malawi nation depends on. This long-term vision is centered on mechanized agricultural productivity and value addition, industrialization, and well-planned urbanization. You will agree with me that all these hinges on mathematics to train engineers, economists, scientists, statisticians, insurers, and other professionals all of whom this platform indulges with as our contribution in moulding for the future,” she said.
The Old Mutual Mathematics Olympiad started in 2015, but Old Mutual came in to resuscitate the program in order to transform and shape mind and cultivating the preference of mathematics among learners.
The Old Mutual Mathematics Olympiad is open to top Form Four (or equivalent) mathematics students from schools across the country where they do compete for various prizes in form of cash, trophies and Mathematics textbooks for their schools after taking a series of examinations at preliminary, semi-final and final stages.
Professor Elijah Wonder who represented the Mzuni Dean of Faculty of Science, Technology and Innovation, commended the financial services provider for the sponsorship which he said will help them to successfully run the 2023/2024 competition.
Dr. Noel Kayange who participated in Mathematics Olympiad in 1992 urged students to embrace the competition which he said has been a source of opportunities for him.