N$1m investment in skills development
Bank Windhoek and the Capricorn Foundation contributed N$1 million to the National Training Authority (NTA) in support of the third National Skills Competition taking place in Ongwediva from 25 to 30 September.The competition showcases 14 skill sets, including automotive technology, bricklaying, carpentry, cooking, tiling, hairdressing, and welding.
The third National Skills Competition, organised by the NTA, is an integral part of Namibia's efforts to cultivate a skilled and empowered workforce, which, in turn, contributes to an industrialised and knowledge-based economy.
“Bank Windhoek and the Capricorn Foundation are delighted to partner with the National Training Authority to bring this competition to Ongwediva,” said Bronwyn Moody, Head: Stakeholder Engagement, Corporate Social Investment, Sponsorships and Events. “Our N$1 million sponsorship reflects our commitment to education and skills development in Namibia which leads to meaningful employment for Namibians in the long term,” she said.
In March 2022, Bank Windhoek also sponsored N$1 million towards staging the successful WorldSkills Africa Swakopmund 2022, recognising the transformative potential of technical and vocational education and training.
“Technical and Vocational Education and Training (TVET) plays a key role in addressing unemployment, especially amongst the youth. The Capricorn Foundation is proud of our collaboration with our subsidiary, Bank Windhoek, and our partnership with NTA to host the third National Skills Competition. We remain committed to finding solutions to spur economic growth, social progress and job creation, including entrepreneurship,” said Marlize Horn, Capricorn Foundation Executive Officer.
The Technical Vocational Training Competition promises to showcase exceptional talent, innovation, and dedication to craftsmanship.