Stanbic Bank donates incubators to Parirenyatwa Group of Hospitals

STAFF WRITER
Leading financial services institution Stanbic Bank Zimbabwe has donated eight incubators valued at US$98 000 to Parirenyatwa Group of Hospitals (PGH), in a move that brings hope and the promise of brighter futures for newborn babies.
The incubators are expected to support the care of thousands of newborn babies, giving them the best possible chance of survival while providing renewed hope to their families and loved ones.
In a speech read on his behalf, Stanbic Bank Chief Executive (CE), Solomon Nyanhongo, said the donation goes beyond the handover of medical equipment. It is about giving hope to families and newborn babies who deserve the best possible chance in life.
Nyanhongo said every child who needs the support of an incubator represents a family hoping and praying that their baby will grow stronger and eventually go home healthy.
He said Stanbic Bank understands its investment in neonatal healthcare is not only an investment in medical infrastructure, but also in life, hope and Zimbabwe’s future.
“The urgency of this intervention is underscored by Zimbabwe’s infant mortality rate, which stood at 62 deaths per 1,000 live births in 2024. Behind that number are families and communities whose futures depend on timely access to quality neonatal care. These incubators will help strengthen the hospital’s capacity to care for premature and critically ill newborns at their most vulnerable stage of life,” he said.
Nyanhongo said the gesture by the Standard Bank Group subsidiary speaks directly to Stanbic Bank Zimbabwe’s commitment to supporting healthcare delivery and improving access to essential medical services in Zimbabwe.
He noted that this is not Stanbic Bank’s first handover at Parirenyatwa Group of Hospitals, having donated an autoclave in November 2025 to strengthen the hospital’s sterilisation and infection-control capacity.
“Our return today, with eight infant incubators, marks a second consecutive year of practical support to the hospital and reflects our intention to build lasting relationships rather than make once-off contributions,” he said.
Nyanhongo said that for 34 years, Stanbic Bank Zimbabwe has been part of Zimbabwe’s growth story.
He said that throughout that journey, Stanbic Bank has come to understand that the health of a nation is inseparable from its development, adding that a healthier population strengthens families, communities, workplaces and the wider economy.
“Our purpose reminds us that ‘Zimbabwe is our home, we drive her growth.’ Driving her growth means more than financing businesses and enabling commerce. It also means investing in the health and wellbeing of our people, including the youngest and most vulnerable among us,” he said.
Nyanhongo said healthcare remains an important part of Stanbic Bank’s broader approach to making a meaningful contribution to the communities in which it operates.
Stanbic Bank recognises that strong communities are built when people have access to the basic services they need to thrive.
“A healthy population is essential to productive communities, successful businesses and a growing economy. That is why we believe our role as a bank goes beyond providing financial services. We have a responsibility to use our resources, partnerships and influence to contribute meaningfully to the social and economic wellbeing of our country,” said Nyanhongo.
He said Parirenyatwa Group of Hospitals occupies a critical place in Zimbabwe’s healthcare system. To that end, Stanbic Bank recognises the dedication of the doctors,
nurses, specialists and support teams who serve patients every day, often working under considerable pressure.
Nyanhongo said the equipment can only achieve its intended impact because of the skilled and committed healthcare professionals who will put it to use.
“Our hope is that these eight incubators will serve this institution for many years and, more importantly, that they will become part of thousands of stories of survival, recovery and new beginnings,” said Nyanhongo.
Receiving the incubators, PGH Chief Medical Officer (CMO), Dr Tsitsi Magure, said the donation by Stanbic Bank will strengthen the institution’s capacity to provide safe, quality and specialised care to newborn babies who require additional support.
Dr Magure said the donation is more than an investment in equipment; it is an investment in the lives and wellbeing of the institution’s most vulnerable patients.
“We sincerely appreciate Stanbic Bank for choosing to support healthcare and for recognising the needs of our institution,” said Dr Magure.
She said PGH values such partnerships, which are premised on improving healthcare through collaboration between health institutions, the private sector and other stakeholders.