The Bank of Namibia has, once again, committed to its academic bursaries scheme when it awarded 10 undergraduate students with bursaries last Friday at a function held at the Sam Nujoma Auditorium in Windhoek.
The 10 students, who will study in the areas of their choices at local and regional tertiary institutions of their choices, were selected from 649 applications which prove to be the crème de la crème.
“We are happy to give away 10 bursaries to the 10 students who were selected for their hard work they exuded by doing well in their studies. We received 649 applications and shortlisted those to 20 where a six-member panel chose the 10 based on demographics, academic, neediness and general roundedness of the individuals. As a bank, we expect them to work harder and deliver. It is very important for us to know how they are doing in their studies that they are well and to engage with them throughout their studies,” said Henny van Rensburg, the BoN deputy director of human resources during the presentation ceremony.
The bursaries will cater for the students in the areas of tuition, books and stationery, accommodation, transport and monthly allowances.
The BoN deputy governor, Ebson Uanguta said the bank was totally committed to national capacity building.
“Since the establishment of the Bank of Namibia, the bank has made constant efforts to determine how and in what fashion it can assist in building and strengthening the much needed capabilities in the fields of economics, finance, audit and accounting as well as information technology.
“Most of the successful graduates the scheme has produced now find themselves in middle level management positions of decision making within the bank and other institutions.
“Most of the students we have supported so far have made significant contributions in the area of economics, management and development of our country,” said Uanguta.
He also said the bursary scheme aims to promote a learning culture that encourages diversity of people and ideas to enrich the students’ educational experience.
The selected students are Giovanni Heinrich Britz (economics), Kache Getrude Sinvula (accounting), Deane David Spall (accounting), Ivonne Kanguro Kaveto (accounting), Gelvonia Uises (accounting), Lucia Nanjeva Munango (information technology), Ndategako Ndeyapo Nanguloshi Shilongo (accounting), Janine Els (accounting), Nicole Bester (economics) and Maritha Mabutha (accounting).
The BoN Bursary Scheme is designed to respond to and comply with the national demand for capacity building and skills development in Namibia.