The Bank of Namibia says it has to date awarded 199 bursaries, empowering local students to pursue critical fields of study at various SADC institutions of higher learning.
The bursaries awarded span various fields such as accounting, mathematics, statistics, actuarial science, computer and data science, economics, cybersecurity, and industrial engineering
In 2024, the central bank awarded 12 bursaries to outstanding students who excelled in their 2023 academic results, from 713 applications after a rigorous process, of which 11 were for undergraduate studies and one postgraduate recipient.
“Being a part of this success story reflects our ongoing commitment to ensuring that Namibian students are not burdened by financial constraints but can instead focus on their contributions to the socio-economic vision of the country,” Governor of the Bank of Namibia Johannes !Gawaxab said.
“For more than 20 years, the Bank has been dedicating resources to shaping the future through the allocation of bursaries to exceptional students, actively contributing to the cultivation of human potential within our nation. The bursaries we are awarding go beyond providing financial support for your academic journeys, they symbolise a vote of confidence in your abilities.”
According to the Principal Communications Team Leader in the Strategic Communications and International Relations Department, Sandra Garises, 32 current bursary recipients are studying at local and SADC higher education institutions.
“The Bank of Namibia is steadfast in its efforts to foster the development of competent individuals who will propel Namibia’s economy and fulfill the country’s developmental goals,” she said
The bursary scheme covers the students’ tuition fees, textbooks, and transportation, and accommodation, living-related costs for the duration of studies and return transport for those admitted outside the country.
