Bank of Namibia keeps on investing in the youth of Namibia

On 5 March 2021, the Bank of Namibia had its official bursary handover ceremony.

12 March 2021 | Banking

Monique Adams

Eleven learners were awarded bursaries by the Bank of Namibia’s bursary scheme at an event held last week.

The beneficiaries will be studying in various disciplines ranging from actuarial science, cyber security, financial mathematics, chartered accounting, computer science and education specialising in mathematics and science.

These promising students will be undertaking undergraduate studies at credible institutions of higher learning in Namibia and the SADC region and the courses they will be studying form part of key skills needed in the transformation of the financial sector, and the overall development aspirations of the country.

The bursary scheme of the Bank caters for registration, tuition and accommodation fees, books, living costs for the duration of studies and a return flight ticket for those admitted outside the country.

The Bank of Namibia’s bursary scheme includes recipients from marginalised communities so that they too can participate meaningfully as equal citizens in the Namibian house and contribute to ploughing back and uplifting their communities out of dire circumstances and poverty.

One of the learners that wrote 61 points in grade 12 and received a bursary could not contain his excitement, “I am very grateful to be given this opportunity. Hard work really does pay off but for the most part I would like to thank my mother for always praying for me and being my support system,” Verry Awene said.

The governor of the Bank of Namibia, Johannes !Gawaxab, stated that the Bank believes in an inclusive approach to identifying the potential of promising youths and assisting them to transform their lives and become productive and successful citizens.

To date, the Bank has awarded 112 undergraduate bursaries to students who have completed their studies and are now making the Bank proud as they have taken up prominent professional and leadership positions within the Bank of Namibia and in other sectors of the Namibian economy.

It is worth mentioning that the Bank also awards bursaries to postgraduate students and to date, the Bank has sponsored a total of 21 postgraduate bursaries at master’s and PhD level.



PHOTO CAPTION:

Lea Namoloh, Director: Human Resources (far left) and Johannes !Gawaxab, Governor, Bank of Namibia (far right) together with some of the bursary recipients in the middle.

Similar News

 

TEST

2 weeks ago - 22 July 2021 | Banking

TEST Story

More savings for FNB customers: Alternative channel fees unchanged

3 weeks ago - 09 July 2021 | Banking

“When conducting the annual review of our pricing for transactional banking, we considered the current operating environment coupled with the unique circumstances businesses and individuals...

Nedbank Namibia invests in skills and knowledge

1 month - 25 June 2021 | Banking

Wetumwene Shikage The bank has awarded bursaries amounting to N$400 000 to 10 students, including seven of its staff members. Education continues to be a...

Capricorn Group gives Women’s cricket wings

1 month - 08 June 2021 | Banking

Capricorn Group and its subsidiary Capricorn Asset Management, and Capricorn Private Wealth sent off the Namibian National Women’s Cricket Team – The Eagles – today,...

Hard work works

2 months ago - 31 May 2021 | Banking

Hartung was born in South Africa, Cape Town, where he spent his early childhood. He later moved to Namibia where he completed his primary and...

Get your spice on

2 months ago - 21 May 2021 | Banking

Mariselle StofbergThe 2021 Nedbank Kapana Cook-Off Competition was launched on Friday, 7 May in Windhoek with a media launch which saw 14 Namibian media houses...

Get your spice on

2 months ago - 14 May 2021 | Banking

Mariselle StofbergThe 2021 Nedbank Kapana Cook-Off Competition was launched on Friday, 7 May in Windhoek with a media launch which saw 14 Namibian media houses...

!Gawaxab: ‘Banks must be affordable’

2 months ago - 12 May 2021 | Banking

Jo-Maré Duddy - While ensuring a financial sector at the cutting edge of the technological revolution, banks should not be oblivious to perceptions of high...

Success is no accident

2 months ago - 07 May 2021 | Banking

Nedbank Namibia honors its top achieversWetumwene Shikage On Friday, 30 April, Nedbank Namibia held its annual Employee Top Achiever Awards at the site of the...

Success is no accident

2 months ago - 07 May 2021 | Banking

Nedbank Namibia honors its top achieversWetumwene Shikage On Friday, 30 April, Nedbank Namibia held its annual Employee Top Achiever Awards at the site of the...

Latest News

LPM changes tone on judiciary...

10 hours ago | Justice

JEMIMA BEUKES WINDHOEKThe Landless People’s Movement (LPM) has lauded the country’s judiciary - which it has so often accused of being captured...

Vaccinated northern chiefs urge subjects...

10 hours ago | Health

TUYEIMO HAIDULA OSHAKATI Communities often look to traditional and religious leaders for advice on how to live. In northern Namibia, these...

South Africa's farmers cash in...

10 hours ago | Business

SAAWMIET MOOS AND RODGER BOSCHOnly shrubs grew naturally in the sandy acid soil that farmer Volker Miros chose as a site to test the potential...

Carlsberg partner urges better governance...

10 hours ago | Business

ADITYA KALRACarlsberg's warring partner in its India joint venture urged the Denmark-based brewer to boost governance standards, saying it has had "grave concerns" for years...

Ivory Coast to build 200...

10 hours ago | Economics

Ivory Coast is in talks to build a 200-megawatt power plant fuelled by liquefied natural gas (LNG) as it seeks to avoid outages that rocked...

EDITORIAL: Happy 80th birthday, Mr...

10 hours ago | Opinion

Today we pause to wish, though belatedly, President Hage Geingob a revolutionary and happy birthday.On the day he turned 80, the usual pomp and fanfare...

DRC fire victims get new...

10 hours ago | Accidents

Adolf Kaure SWAKOPMUNDHome affairs minister Albert Kawana recently handed over 33 identity documents (IDs)...

IMF approves increased lending capacity

10 hours ago | Economics

The board of governors of the International Monetary Fund (IMF) on Monday greenlit increasing the institution's lending capacity by US$650 billion, the last step in...

Rwanda raises millions through a...

10 hours ago | Economics

Rwanda raised US$620 million through a 10-year Eurobond, the finance ministry said late on Monday, part of which will go towards retiring an outstanding dollar...

Load More