FirstRand Namibia Assistance Trust offers bursaries to employees

27 September 2019
The FirstRand Namibia Staff Assistance Trust, which uses annual dividends to assist previously disadvantaged non-managerial staff with their educational and medical needs, recently announced that altogether 38 (thirty-eight) applicants for the 2019 bursary programme were successful and the trustees approved the tuition for the 2019 academic year - limited to a maximum amount of N$40,000 per student.
According to the fund all students are further entitled to an amount of N$10,000 for books and related study material.
“We are delighted with our choice of FNB employees who will further their studies,” said Nelago Ashipala, Group Company Secretary.
“Our employees are looking forward to pursuing a variety of diplomas and degrees ranging from business administration to business management, industrial psychology, HR, law, marketing management, banking, credit and finance and accounting. We are proud of our recipients and wish them well with their studies.”
Andy Gaoseb – External Lifestyle Consultant - who is currently a second-year student at UNAM in the Accounting and Auditing field, said the bursary was the reason he could start his tertiary education. I am very grateful. It would not have been possible without it.
Tjimbi Kaeka, Financial Crime Risk Analyst said, “The funding from FNB couldn’t have come at a better time. The bursary has come as great help for me to stay away from worries of my education expense and focus on my studies. I remain grateful.”
“I am honoured to be a recipient of the bursary offered by the FirstRand Staff Assistance Trust. Since being named one of the recipients of the bursary, my dream is becoming a reality. The bursary reduced my financial burden, which allowed me to focus on my studies and not to worry about how I am going to pay for my school,” said Barry - John Beukes, Regulatory Risk Analyst.


The Windhoek Observer is an English-language weekly newspaper, published in Namibia by Paragon Investment Holding. It is the country's oldest and largest circulating weekly.

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