Bank of Namibia awards bursaries
Bank of Namibia awards bursaries

Bank of Namibia awards bursaries

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.

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Namibian Sun 2024-05-04

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Premier League: Luton Town 1 vs 1 Everton | Chelsea 2 vs 0 Tottenham Hotspur LaLiga: Getafe 0 vs 2 Athletic Club SerieA: Torino 0 vs 0 Bologna Katima Mulilo: 13° | 32° Rundu: 12° | 31° Eenhana: 14° | 33° Oshakati: 15° | 32° Ruacana: 16° | 33° Tsumeb: 15° | 30° Otjiwarongo: 13° | 29° Omaruru: 12° | 31° Windhoek: 12° | 27° Gobabis: 15° | 28° Henties Bay: 15° | 21° Wind speed: 28km/h, Wind direction: S, Low tide: 06:39, High tide: 12:59, Low Tide: 18:48, High tide: 01:14 Swakopmund: 15° | 17° Wind speed: 34km/h, Wind direction: S, Low tide: 06:37, High tide: 12:57, Low Tide: 18:46, High tide: 01:12 Walvis Bay: 16° | 24° Wind speed: 39km/h, Wind direction: S, Low tide: 06:37, High tide: 12:56, Low Tide: 18:46, High tide: 01:11 Rehoboth: 13° | 28° Mariental: 16° | 31° Keetmanshoop: 16° | 31° Aranos: 14° | 29° Lüderitz: 15° | 27° Ariamsvlei: 15° | 32° Oranjemund: 13° | 22° Luanda: 24° | 28° Gaborone: 14° | 28° Lubumbashi: 12° | 26° Mbabane: 14° | 30° Maseru: 10° | 24° Antananarivo: 11° | 23° Lilongwe: 15° | 28° Maputo: 18° | 31° Windhoek: 12° | 27° Cape Town: 14° | 19° Durban: 19° | 26° Johannesburg: 15° | 25° Dar es Salaam: 22° | 28° Lusaka: 15° | 28° Harare: 13° | 28° Currency: GBP to NAD 23.17 | EUR to NAD 19.9 | CNY to NAD 2.54 | USD to NAD 18.5 | 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 0.67 | ZWL to NAD 0.04 | BRL to NAD 3.64 | RUB to NAD 0.2 | INR to NAD 0.22 | USD to DZD 133.95 | USD to AOA 834.06 | USD to BWP 13.64 | USD to EGP 47.9 | USD to KES 133.98 | USD to NGN 1379 | USD to ZAR 18.5 | USD to ZMW 27.1 | USD to ZWL 321 | Stock Exchange: JSE All Share Index 76428.31 Up +0.50% | Namibian Stock Exchange (NSX) Overall Index 1700.24 Up +0.45% | Casablanca Stock Exchange (CSE) MASI 13403.47 Up +0.61% | Egyptian Exchange (EGX) 30 Index 26113.71 Up +6.81% | 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$ 2 301.81/OZ DOWN -0.0011 | Copper US$ 4.53/lb UP +1.46% | Zinc US$ 2 924.30/T DOWN -0.08% | Brent Crude Oil US$ 83.49/BBP DOWN -0.0105 | Platinum US$ 955.87/OZ UP +0.28% Sport results: Premier League: Luton Town 1 vs 1 Everton | Chelsea 2 vs 0 Tottenham Hotspur LaLiga: Getafe 0 vs 2 Athletic Club SerieA: Torino 0 vs 0 Bologna Weather: Katima Mulilo: 13° | 32° Rundu: 12° | 31° Eenhana: 14° | 33° Oshakati: 15° | 32° Ruacana: 16° | 33° Tsumeb: 15° | 30° Otjiwarongo: 13° | 29° Omaruru: 12° | 31° Windhoek: 12° | 27° Gobabis: 15° | 28° Henties Bay: 15° | 21° Wind speed: 28km/h, Wind direction: S, Low tide: 06:39, High tide: 12:59, Low Tide: 18:48, High tide: 01:14 Swakopmund: 15° | 17° Wind speed: 34km/h, Wind direction: S, Low tide: 06:37, High tide: 12:57, Low Tide: 18:46, High tide: 01:12 Walvis Bay: 16° | 24° Wind speed: 39km/h, Wind direction: S, Low tide: 06:37, High tide: 12:56, Low Tide: 18:46, High tide: 01:11 Rehoboth: 13° | 28° Mariental: 16° | 31° Keetmanshoop: 16° | 31° Aranos: 14° | 29° Lüderitz: 15° | 27° Ariamsvlei: 15° | 32° Oranjemund: 13° | 22° Luanda: 24° | 28° Gaborone: 14° | 28° Lubumbashi: 12° | 26° Mbabane: 14° | 30° Maseru: 10° | 24° Antananarivo: 11° | 23° Lilongwe: 15° | 28° Maputo: 18° | 31° Windhoek: 12° | 27° Cape Town: 14° | 19° Durban: 19° | 26° Johannesburg: 15° | 25° Dar es Salaam: 22° | 28° Lusaka: 15° | 28° Harare: 13° | 28° Economic Indicators: Currency: GBP to NAD 23.17 | EUR to NAD 19.9 | CNY to NAD 2.54 | USD to NAD 18.5 | 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 0.67 | ZWL to NAD 0.04 | BRL to NAD 3.64 | RUB to NAD 0.2 | INR to NAD 0.22 | USD to DZD 133.95 | USD to AOA 834.06 | USD to BWP 13.64 | USD to EGP 47.9 | USD to KES 133.98 | USD to NGN 1379 | USD to ZAR 18.5 | USD to ZMW 27.1 | USD to ZWL 321 | Stock Exchange: JSE All Share Index 76428.31 Up +0.50% | Namibian Stock Exchange (NSX) Overall Index 1700.24 Up +0.45% | Casablanca Stock Exchange (CSE) MASI 13403.47 Up +0.61% | Egyptian Exchange (EGX) 30 Index 26113.71 Up +6.81% | 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$ 2 301.81/OZ DOWN -0.0011 | Copper US$ 4.53/lb UP +1.46% | Zinc US$ 2 924.30/T DOWN -0.08% | Brent Crude Oil US$ 83.49/BBP DOWN -0.0105 | Platinum US$ 955.87/OZ UP +0.28%