The Teachers Service Commission (TSC) has called upon Equity Bank to promote financial literacy among teachers and also enhance Kenya’s saving culture.
This initiative will include training for newly recruited teachers, equipping them with the skills to manage their finances effectively and, in turn, instil saving habits in students from an early age.
Speaking at the TSC headquarters in Upperhill, Nairobi, TSC Chairman Dr Jamleck Muturi announced that the programme will commence with teachers joining the TSC in January.
Dr Muturi also received a KSh 10 million donation from Moses Nyabanda, Managing Director of Equity Bank Kenya, in support of the World Teachers’ Day celebration, held on Sunday, 5th October 2025.
“We are proud to stand with you as teachers, and today we are here to commit resources to walk with you. Through our 220 branches nationwide, we will provide the opportunity to walk alongside them as they settle into their communities. We have the network. Tuko kwa ground, and we will be there to do whatever is necessary,” said Nyabanda as he presented the cheque to the TSC Chairman.
The Managing Director congratulated TSC for making World Teachers Day a significant celebration of the achievements of teachers, who have imparted essential skills to pupils and students, making Kenya stand out in Africa.
READ ALSO:
Parents move to Court over Litein High School’s Sh49,000 compensation fee
“In Kenya, we recognise various other achievers but sometimes fail to celebrate the real heroes of Kenyan society—the teacher, who is the true hero. Teachers have made us who we are. Equity set out not just to bank teachers but to transform their lives, from not just being a teacher but becoming an entrepreneur also, and the multiplier effect that follows creates wealth,” he added.
Dr Muturi further highlighted the vital role teachers play in shaping professionals, stating, “A teacher is like a candle that consumes itself to provide light to everyone in the process. No doctors, engineers, lawyers, or architects have passed through the hands of a teacher.”
TSC Director for Administrative Services, Ibrahim Mumin, also expressed gratitude to Equity Bank for its support in celebrating teachers. He noted that the bank is a leader in the financial services industry, serving over 90,000 teachers.
“Thank you for giving all these teachers a shoulder to lean on,” said Mumin.
By Felix Wanderi
You can also follow our social media pages on Twitter: Education News KE and Facebook: Education News Newspaper for timely updates.
>>> Click here to stay up-to-date with trending regional stories
>>> Click here to read more informed opinions on the country’s education landscape
