Thursday, August 20, 2026
Subscribe
The Brief | Namibia's Leading Business & Financial News
  • Home
  • Companies
    • Finance
    • Agriculture
    • Technology
    • Property
    • Trade
    • Tourism
  • Business & Economy
  • E-PAPERreader
  • Mining & Energy
  • Opinions
    • Analysis
    • Columnists
  • Africa
No Result
View All Result
The Brief | Namibia's Leading Business & Financial News
  • Home
  • Companies
    • Finance
    • Agriculture
    • Technology
    • Property
    • Trade
    • Tourism
  • Business & Economy
  • E-PAPERreader
  • Mining & Energy
  • Opinions
    • Analysis
    • Columnists
  • Africa
No Result
View All Result
The Brief | Namibia's Leading Business & Financial News
Subscribe
No Result
View All Result
Home Business & Economy

FirstRand Foundation invests N$2.8 million in foundational education

by editor
March 28, 2023
in Business & Economy
6
A A

First Lady Monica Geingos emphasised the need for increased investment and participation in the primary phases of education, which lay the groundwork for the systems from which many children fall.

Geingos pointed out that the current educational system is structured in a pyramid shape and that the majority of children who enter the system do not advance further in their education as they filter out over the years.

“When you start to look at this pyramid, what starts to happen is that from Pre-Primary to grade 6, attrition starts happening and narrows deeper when we get to grade 11, and narrows even deeper at the top cylinder where we put the most investment, at tertiary level,” she said during her keynote address at the FirstRand Foundation ceremony held on Tuesday.

Geingos stressed the importance of early childhood development in reducing attrition rates and called for greater investment in this area.

She questioned: “What can be done to reduce the attrition?” And answered that good early childhood development is the solution.

The FirstRand Foundation, which committed an investment of N$2.8 million to over 10 organisations that work with less fortunate youth, has invested N$2.8 million in early childhood development initiatives, as well as primary and secondary school development initiatives, across the 14 regions of Namibia over the past six months, according to the Foundation’s Chairperson Clara Bohitile.

Bohitile added that support to individual schools and tertiary facilities remains one of their main focus areas.

“One of our main priorities is to promote the provision of high-quality education for all children, especially those from disadvantaged homes, in order to ensure that Namibia develops into a globally competitive and capable nation. We believe that healthy development in the early years of a child’s life provides the building blocks necessary for educational achievement, economic productivity, responsible citizenship, lifelong health, strong communities, and successful parenting of the next generation,” she said.

Revonia Job, the Group Strategic Marketing and Communications Manager, called upon the private sector to take up the responsibility of investing in the education of youth. “The purpose of this event is to create awareness and to encourage and invite new sponsors to come on board. We call on all other players in the private sector to join us in delivering even more inspiration to learners and teachers across our beautiful Namibia,” she said.

Overall, the speakers at the FirstRand Foundation ceremony emphasised the importance of early childhood development and investment in the primary phases of education in reducing attrition rates and ensuring that all children, especially those from disadvantaged homes, have access to high-quality education from the onset.

author avatar
editor
See Full Bio
Previous Post

Health Ministry allocates N$567m for policy, infrastructure

Next Post

RMB and FNB stress the importance of collaboration to drive economic growth

Must Read

Front entrance of the Ministry of Finance, with a large sign reading 'MINISTRY OF FINANCE FISCUS BUILDING' above glass doors.
Business & Economy

Namibia expands public procurement rules to over 80 additional entities

August 19, 2026
Diverse group of people posing outside a glass-front building for a community event, several wearing sashes and smiling at the camera.
Business & Economy

Standard Bank connects 60 Namibian SMEs to buyers, new markets

August 16, 2026
42 youth ventures worth N$14.7m secure funding from N$500m fund
Business & Economy

42 youth ventures worth N$14.7m secure funding from N$500m fund

September 29, 2025
!Gawaxab earns PhD in Economics from UCT
Business & Economy

!Gawaxab earns PhD in Economics from UCT

September 10, 2025
DBN youth SME funding sees only N$1.25m disbursed amid low uptake
Business & Economy

DBN youth SME funding sees only N$1.25m disbursed amid low uptake

July 23, 2025
Namibia targets to formalise 950 informal businesses by 2030
Business & Economy

Namibia targets to formalise 950 informal businesses by 2030

July 22, 2025
Load More

Related News

Whistleblowers help NamRA recover N$5m cash and N$15m in tax assessments

Whistleblowers help NamRA recover N$5m cash and N$15m in tax assessments

September 2, 2025
Eurowings commences Frankfurt-Windhoek-Mbombela KNP route

Eurowings commences Frankfurt-Windhoek-Mbombela KNP route

November 18, 2022
Namibia ranks 1st worldwide in education spending

Namibia ranks 1st worldwide in education spending

October 11, 2024

Browse by Category

  • Africa
  • Agriculture
  • Analysis
  • Business & Economy
  • Columnists
  • Companies
  • Finance
  • Finance
  • Fisheries
  • Green Hydrogen
  • Health
  • Investing
  • Latest
  • Market
  • Mining & Energy
  • Namibia
  • namibia
  • News
  • Opinions
  • Property
  • Retail
  • Technology
  • Tourism
  • Trade
The Brief | Namibia's Leading Business & Financial News

The Brief is Namibia's leading daily business, finance and economic news publication.

CATEGORIES

  • Business & Economy
  • Companies
    • Agriculture
    • Finance
    • Fisheries
    • Health
    • Property
    • Retail
    • Technology
    • Tourism
    • Trade
  • Finance
  • Green Hydrogen
  • Investing
  • Latest
  • Market
  • Mining & Energy
  • namibia
  • News
    • Africa
    • Namibia
  • Opinions
    • Analysis
    • Columnists

CONTACT US

Cell: +264814612969

Email: newsdesk@thebrief.com.na

© 2026 The Brief | All Rights Reserved. Namibian Business News, Current Affairs, Analysis and Commentary

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Companies
  • Mining & Energy
  • Business & Economy
  • Opinions
    • Analysis
    • Columnists
  • Africa

© 2026 The Brief | All Rights Reserved. Namibian Business News, Current Affairs, Analysis and Commentary

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.