The Bank of Namibia (BoN) has made available 60 undergraduate bursaries to date, and thus far 41 students have completed their studies whilst 19 students are still studying at different tertiary institutions.
In addition, the bank availed another 11 new bursaries to 10 undergraduate students and one postgraduate student. These 11 students will be added to the 19 students undertaking undergraduate studies at different respective and credible tertiary institutions.
Deputy Governor of BoN, Ebson Uanguta, said the bank will continue to value education and the annual bursary awarding ceremony is part of the bank’s contribution to the national effort in equipping the youth with an education.
Uanguta added that education remains the greatest equalizer and it is vital for the development of the country, and to add on education would equip many youths not only on an individual basis but also on the country level.
“Education opens up the door to endless possibilities and empowers people to make meaningful contributions in both their personal lives and indeed for the country at large. Education represents the single most important factor in economic development, for it is knowledge that drives nations. In order to succeed in today’s competitive environment, students must be equipped with advanced employable skills way beyond literacy,” said Uanguta.
Uanguta also noted that the bursaries were given to deserving students who exuded determination, hard-work and the good results they got in high school should be continued in tertiary.
“The BoN is in collaboration with other institutions and we have developed strategic alliances with these institutions. I commend you students for your effort and congratulate you for passing grade 12 so well but hard-work already starts now. Let your dream come true,” noted Uanguta.
A few learners who were awarded with the bursaries said they were happy but surprised to have been chosen as either had forgotten they applied or were not expecting it.
A learner from the Rukonga Vision School, Manfred Mukosho who will study Education majoring Mathematics & Physical science at the University of Namibia (Unam) said he is happy to be one of the privileged students.
“I will be one of the successful students to be awarded with this bursary. I will do my best to achieve the best results at tertiary. I will ensure I invest in my education and I will also make sure other students motivate me to achieve my dreams,” said Mukosho.
A St. Boniface learner, Milka Haiyambo said she is very honoured, “I will do all that I can to keep this bursary. Very few learners got selected and I am glad that I was one of the chosen few. I thank God for being with me all the way and bringing me where I am today, without him I could not have been able to achieve my dreams. I am going to study Chartered Accountancy at Unam,” she said.
A Jan Mohr Secondary School learner, Michela Pakarae said she is very fortunate as not most learners get an opportunity such as this one.
“I am glad I was chosen, I am very fortunate and thankful to BoN for this opportunity. I am sure that I will not disappoint the bank. I will go study Economics at Unam,” said Pakarae.
Other students who received bursaries are Paulus Kooper who will study a Bachelor’s Degree in Economics at the Polytechnic Namibia (PoN), Wihelmina Nangobe who will study a Bachelor’s Degree in Economics at Unam, Johan Blom who will study a Bachelor’s Degree in Economics at Unam, Dumeni Jolonimu who will study a Bachelor’s Degree in Accounting at Unam, Daniel Nicodemus who will study a Bachelor’s Degree in Accounting and Finance at PoN, Rachel Nghifikwa who will study Education majoring in Mathematics & Science at Unam, Nickson Adolf who will study a Bachelor’s Degree in Information Technology at Unam and the Postgraduate Student for 2015, Justina Mukoloshi who is doing Post Graduate Studies in Accounting studying towards Charted Accounting at the University of Pretoria.
The Director of Strategic Communication and Financial Sector Development, Ndangi Katoma, said this is part of the Bank’s corporate social investment and responsibility policy initiatives.
“The focus of the Bank’s bursary scheme is meant to make a meaningful contribution to the country by developing skills and strengthening the capabilities in the fields of Economics, Finance, Accounting, Auditing, Banking and Information Technology,” said Katoma.