Bank of Namibia awards bursaries

31 January 2020 | Business

Five of the Namibian students who recently passed their grade 12 examinations with flying colours have become the latest beneficiaries of the Bank of Namibia Bursary Scheme.

The beneficiaries plan to pursue studies in chartered accountancy, information technology (IT), banking and finance, as well as education majoring in science subjects. The award ceremony took place at the bank on 23 January.

The bank’s bursaries are awarded based on merit after an extensive search coupled with interviews with shortlisted candidates. Altogether 364 students from across the country applied, from whom the bank selected five successful applicants.

· Helena Enkali from St Boniface College will pursue a degree in chartered accountancy at the Namibia University of Science and Technology.

· Uanjandisa Rukoro from Rukonga Vision School has been accepted to study for a degree in information technology at the University of Namibia.

· Petrina Shindimba from Rukonga Vision School will pursue her studies in education, majoring in science subjects, at the University of Namibia.

· Uahengisa Katjizuko from Otjiwarongo Secondary School is to pursue a degree in information technology at the Namibia University of Science and Technology.

· Sylviano Afrikaner from Westside High School will study towards a B.Comm degree in finance at the University of Cape Town.

At the handover ceremony, BoN governor Iipumbu Shiimi encouraged the students to discover their purpose in life as they embark on their tertiary education journey, because that is “the secret to a meaningful life”.

Shiimi shared nuggets of wisdom from his days as a student, advising the beneficiaries to stay true to their purpose, finding the required balance between academic life and free time on campus while steering away from temptations of campus life that their newfound freedom brings. Shiimi thanked their parents for their commitment and steadfastness, which ensured the success of their children.

Over the years, the Bank of Namibia has awarded more than 100 bursaries to Namibian students who would otherwise not have been able to pursue further studies. Many former bursary holders have completed their studies and are now making the bank proud as they continue to make significant contributions in their professional lives. As of 31 December 2019, 31 undergraduates were still studying on the Bank of Namibia Bursary Scheme.

The bursary scheme covers registration, tuition and accommodation fees, books, living costs for the duration of studies and a return flight ticket for those studying abroad.

The Bank of Namibia remains committed to playing its role in building the appropriate human capacity to drive Namibia’s economy and developmental aspirations.

Similar News

 

COMPANY NEWS IN BRIEF

12 hours ago | Business

ArcelorMittal in talks to merge ArcelorMittal SA, the world's largest steelmaker, is exploring a deal to merge its US operations with Cleveland-Cliffs Inc, the...

Nedbank Namibia launches IdentityToday

1 day - 28 September 2020 | Business

PHILLEPUS UUSIKU Nedbank Namibia, in collaboration with the Today Group, the homegrown fintech company, which introduced PayToday, has announced the introduction of IdentityToday. It is...

COMPANY NEWS IN BRIEF

1 day - 28 September 2020 | Business

Kioxia to scrap IPO plan Kioxia Holdings Corp, the world's second-largest memory chipmaker, will scrap plans for an initial public offering (IPO) as tensions between...

DBN seeks interim replacement for Mutumba

4 days ago - 25 September 2020 | Business

OGONE TLHAGEWINDHOEKThe Development Bank of Namibia (DBN) will find a temporary replacement for its senior manager for corporate communications Jerome Mutumba until his return from...

Simplifying relentlessly

4 days ago - 25 September 2020 | Business

Mariselle StofbergNamdeb has over the years been instrumental in skills development, both within the company and nationally. The contribution to national skills development is...

COMPANY NEWS IN BRIEF

4 days ago - 25 September 2020 | Business

Investors interested in BMWChinese state-backed investors are considering taking BMW's main Chinese joint-venture partner Brilliance private, five people with knowledge of the matter told Reuters,...

Toyota appoints Tommi Mäkinen

4 days ago - 25 September 2020 | Business

Toyota Motor Corporation is proud to announce the appointment of Tommi Mäkinen as the Motorsport advisor effective from January 2021 with the aim of further...

The Z badge makes a comeback

4 days ago - 25 September 2020 | Business

Nissan South Africa revealed the next vehicle of its Z-series lineage, the 400Z prototype, just has a striking presence that is not easy to ignore.The...

Everyone will pay tax - Shivute

4 days ago - 24 September 2020 | Business

OGONE TLHAGEWINDHOEKThe newly appointed commissioner of the Namibia Revenue Agency (Namra), Sam Shivute, has vowed to chase after tax defaulters in his new position. “Namra...

Shoprite helps to uplift communities

5 days ago - 24 September 2020 | Business

Julienne van Rooyen - The Shoprite team in collaboration with a multitude of suppliers, targeted the informal settlement of Havana on Saturday in their “Act...

Latest News

DBN supports Omboga powdered spinach...

12 hours ago | Economics

Development Bank of Namibia (DBN) has celebrated the culmination of its support to 2018 Innovation Award winner VNA Foods at the launch of the fledgling...

PG Imalwa faces exit

12 hours ago | Government

WINDHOEKELLANIE SMITWith the term of Prosecutor-General Martha Imalwa ending this year, the Judicial Service Commission (JSC) has advertised the position of the principal state legal...

Namibian link in SA sex...

12 hours ago | Crime

OGONE TLHAGE AND TUYEIMO HAIDULAWINDHOEK/OSHAKATISouth Africa's elite Directorate for Priority Crime Investigation, known as the Hawks, has unravelled a transborder trafficking syndicate, with some of...

Knowledge is not in my...

12 hours ago | Politics

OGONE TLHAGEWINDHOEKIndependent Patriots for Change (IPC) leader Panduleni Itula says he is not open to debating Walvis Bay Urban constituency councillor Knowledge Ipinge, who he...

Remaining powerful through education

12 hours ago | People

Ester Kamati With a key interest in space science and the history of science, watching videos on these topics is Hosea Hashili’s favourite pastime. Hasili...

Libya seeks to revive oil...

12 hours ago | Economics

Libya's National Oil Company said it expected oil production to rise to 260 000 barrels per day (bpd) next week, as the OPEC member looks...

Few options for the voter

12 hours ago | Opinion

With only two months left before the November regional and local authority elections, there seems to be limited political choices for the voter.There remains a...

Join the Jerusalema challenge!

12 hours ago | Events

STAFF REPORTERWINDHOEKIf there's one glimmer of positivity at the moment, it's the team spirit and feeling of unity created by the Jerusalema challenge, which is...

Day of the Namibian Child

12 hours ago | Opinion

Lee-Ann Forbes Being able to go to school and to get free education. And having rights that protect me as a Namibian child. Also being...

Load More