MTC awards 12 bursaries

N$9m invested so far
The bursaries will cover tuition fees, stationery and a monthly allowance.
Elizabeth Kheibes
Yesterday, MTC handed over bursaries to 12 students.

Eight of the students are staff members furthering their education. The bursaries will cover tuition fees, stationery and a monthly allowance.

During the occasion, MTC's learning and development specialist Eugene Fisch revealed that since the inception of the bursary initiative, the telecommunications giant has invested over N$9 million, with over 110 students benefitting.

For the current 12 bursaries, MTC availed N$1.5 million.

"These amounts are not just figures, but testament to our unwavering belief in human capital. The success story is best told by the alumni of this programme who have become pillars of this organisation. More than 90% of the talent nurtured by MTC have continued to enrich the company with their skills and expertise," Fisch said.

MTC's acting chief commercial officer Elton Kantangolo urged corporate companies to continue complementing government's efforts in the education sector.

"Any national cause must not be left to the state alone. We have [the Namibia Student Financial Assistance Fund] assisting students, however, that effort alone is not sufficient to address the issue of student funding.

“MTC, through its bursary scheme, is therefore proud to be assisting students from less privileged backgrounds to pursue and complete their studies and ultimately achieve their dreams,” he said.

“Education is key, and for us to be citizens who meaningfully contribute to the country's development, we must continue to invest in learning and acquiring knowledge, skills and competency that will propel Namibia to greater heights," he said.

MTC's public relations officer Erasmus Nekundi added that in aiding the education sector, MTC and its partners also drive the Namibia national internship programme, which offers work-integrated learning opportunities to students.

"These are all deliberate interventions aimed at addressing fundamental challenges experienced at different stages of the education system."

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Namibian Sun 2024-05-12

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Nam 2.22 SAME | Oryx Properties Ltd 12.1 UP 1.70% | Paratus Namibia Holdings 11.99 SAME | SBN Holdings 8.45 SAME | Trustco Group Holdings Ltd 0.48 SAME | B2Gold Corporation 47.34 DOWN 1.50% | Local Index closed 677.62 UP 0.12% | Overall Index closed 1534.6 DOWN 0.05% | Osino Resources Corp 19.47 DOWN 2.41% | Commodities: Gold US$ 2 360.52/OZ UP +0.59% | Copper US$ 4.62/lb UP +1.13% | Zinc US$ 2 961.00/T DOWN -0.06% | Brent Crude Oil US$ 83.21/BBP DOWN -0.0171 | Platinum US$ 995.62/OZ UP +1.05% Sport results: Premier League: Nottingham Forest 2 vs 3 Chelsea | Newcastle 1 vs 1 Brighton | Wolves 1 vs 3 Crystal Palace | Everton 1 vs 0 Sheffield United | West Ham 3 vs 1 Luton Town | Bournemouth 1 vs 2 Brentford | Tottenham Hotspur 2 vs 1 Burnley | Fulham 0 vs 4 Manchester City LaLiga: Athletic Club 2 vs 2 Osasuna | Granada 0 vs 4 Real Madrid | Villarreal 3 vs 2 Sevilla | Mallorca 1 vs 0 Las Palmas | Deportivo Alaves 2 vs 2 Girona SerieA: AC Milan 5 vs 1 Cagliari | Napoli 0 vs 2 Bologna | Frosinone 0 vs 5 Inter Milan Weather: Katima Mulilo: 15° | 33° Rundu: 15° | 32° Eenhana: 14° | 34° Oshakati: 16° | 32° Ruacana: 16° | 33° Tsumeb: 17° | 31° Otjiwarongo: 13° | 29° Omaruru: 16° | 31° Windhoek: 14° | 27° Gobabis: 15° | 28° Henties Bay: 14° | 20° Wind speed: 20km/h, Wind direction: S, Low tide: 12:02, High tide: 06:03, Low Tide: 00:33, High tide: 18:39 Swakopmund: 15° | 16° Wind speed: 23km/h, Wind direction: SW, Low tide: 12:00, High tide: 06:01, Low Tide: 00:31, High tide: 18:37 Walvis Bay: 15° | 23° Wind speed: 31km/h, Wind direction: S, Low tide: 12:00, High tide: 06:00, Low Tide: 00:31, High tide: 18:36 Rehoboth: 15° | 29° Mariental: 20° | 31° Keetmanshoop: 19° | 31° Aranos: 17° | 30° Lüderitz: 12° | 28° Ariamsvlei: 18° | 33° Oranjemund: 10° | 23° Luanda: 25° | 27° Gaborone: 15° | 27° Lubumbashi: 15° | 29° Mbabane: 14° | 19° Maseru: 8° | 23° Antananarivo: 12° | 25° Lilongwe: 16° | 27° Maputo: 19° | 26° Windhoek: 14° | 27° Cape Town: 13° | 22° Durban: 18° | 22° Johannesburg: 14° | 23° Dar es Salaam: 23° | 31° Lusaka: 17° | 28° Harare: 14° | 27° Economic Indicators: Currency: GBP to NAD 23 | EUR to NAD 19.82 | CNY to NAD 2.55 | USD to NAD 18.41 | DZD to NAD 0.14 | AOA to NAD 0.02 | BWP to NAD 1.31 | EGP to NAD 0.38 | KES to NAD 0.14 | NGN to NAD 0.01 | ZMW to NAD 0.68 | ZWL to NAD 0.04 | BRL to NAD 3.56 | RUB to NAD 0.2 | INR to NAD 0.22 | USD to DZD 134.06 | USD to AOA 834.06 | USD to BWP 13.6 | USD to EGP 47.35 | USD to KES 130.98 | USD to NGN 1439.8 | USD to ZAR 18.44 | USD to ZMW 26.75 | USD to ZWL 321 | Stock Exchange: JSE All Share Index 78464.25 Up +1.19% | Namibian Stock Exchange (NSX) Overall Index 1754.6 Up +1.22% | Casablanca Stock Exchange (CSE) MASI 13527.01 Up +0.36% | Egyptian Exchange (EGX) 30 Index 26003.16 Up +0.05% | Botswana Stock Exchange (BSE) DCI Same 0 | NSX: MTC 7.75 SAME | Anirep 8.99 SAME | Capricorn Investment group 17.34 SAME | FirstRand Namibia Ltd 49 DOWN 0.50% | Letshego Holdings (Namibia) Ltd 4.1 UP 2.50% | Namibia Asset Management Ltd 0.7 SAME | Namibia Breweries Ltd 31.49 UP 0.03% | Nictus Holdings - Nam 2.22 SAME | Oryx Properties Ltd 12.1 UP 1.70% | Paratus Namibia Holdings 11.99 SAME | SBN Holdings 8.45 SAME | Trustco Group Holdings Ltd 0.48 SAME | B2Gold Corporation 47.34 DOWN 1.50% | Local Index closed 677.62 UP 0.12% | Overall Index closed 1534.6 DOWN 0.05% | Osino Resources Corp 19.47 DOWN 2.41% | Commodities: Gold US$ 2 360.52/OZ UP +0.59% | Copper US$ 4.62/lb UP +1.13% | Zinc US$ 2 961.00/T DOWN -0.06% | Brent Crude Oil US$ 83.21/BBP DOWN -0.0171 | Platinum US$ 995.62/OZ UP +1.05%