IFM seeks govt support for infrastructure development

DODOMA: THE Institute of Finance Management (IFM) has appealed to the government to strengthen its support for infrastructure development at its campuses, with particular focus on the ongoing construction projects at its Dodoma campus.

This request was made by the Chairperson of the IFM Governing Council, Professor Emmanuel Mjema, during the institute’s 50th graduation ceremony held over the weekend.

In his remarks, Prof Mjema expressed concern about the current state of the Dodoma campus, which operates from rented buildings.

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He noted that these facilities do not reflect the prestigious status of IFM as the country’s oldest institution offering comprehensive programmes in finance management and related fields.

He further explained that the ongoing construction of the main IFM campus at Nala, situated on the outskirts of Dodoma, aims to resolve this issue.

The project involves the development of modern infrastructure designed to meet the needs of students and faculty for the next 50 years.

“This project is a longterm investment and with government support, it will enhance the quality of education and allow us to serve more students in the country’s administrative capital,” he stated.

The ceremony was graced by Dodoma Regional Commissioner (RC) Rosemary Senyamule, who lauded IFM’s contributions to national development through the production of highly skilled professionals in various disciplines.

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She emphasised the importance of higher learning institutions in advancing the government’s vision of transforming Dodoma into a hub for academic excellence.

“The government’s target is to have 29 higher learning institutions established in Dodoma by 2039. As of now, we have 11 institutions and IFM’s initiative to construct a significant campus in Dodoma aligns with our broader goal of making Dodoma a centre of academic and intellectual growth,” RC Senyamule said.

In his speech, IFM Rector Professor Josephat Lotto highlighted the institute’s plans to introduce PhD programmes that will meet international standards.

He explained that the new programmes would be implemented in collaboration with academic experts from Asia, Europe and America, offering students opportunities to choose research supervisors from outside the country.

“This is a transformative step for us as we prepare to offer advanced academic ventures in a way that is both innovative and globally competitive,” Prof Lotto remarked.

The rector noted that this collaboration would position IFM as a leading institution capable of addressing both local and global academic demands.

He concluded by reaffirming the institute’s commitment to academic excellence and innovation in the fields of finance and management.