Tuesday, November 06, 2007
Namibian Bank Helps Uis Youth
New Era (Windhoek)
NEWS5 November 2007 Posted to the web 5 November 2007
By Frederick PhilanderWindhoek
"Entrepreneurship has become a buzzword, not only in Namibia but all over and especially in developing countries. In Namibia a decision was recently taken to introduce the subject 'entrepreneurship development' in schools at tertiary level, a move which is very commendable."
This was said by Thaddius Maswahu, Acting Head of Marketing of Standard Bank at the handing over of N$60000 to Uidago Weavers last week at Uis.
Deputy Minister of Finance, Tjikero Tweya, also spoke at the occasion and handed over the cheque. Tweya said that he had visited Uis in May this year and had become acutely aware of the plight of the people living in Uis. "I was astounded at the fantastic work that the weavers do and at the same time appalled at the plight of the unemployed youth. Something had to be done and I approached Standard Bank to assist.
"The bank immediately jumped at the opportunity and wheels were put in motion. I did not want to give handouts, but rather create an opportunity for education and entrepreneurship," Tweya said. According to him, the money will be utilized to purchase materials, which in turn will be used to teach the unemployed youth the art of weaving. "This will ultimately lead to self-sufficiency, an income and hopefully keep the youth from resorting to crime, alcohol and drug abuse," he said hopefully.
Maswahu thanked the deputy minister for offering the opportunity of assisting the Uis youth to Standard Bank. "Your efforts of providing the youngsters of Uis with skills, which give them a sense of worth and the opportunity to earn a living and which will ultimately lead to self-employment, is highly commendable and we are proud of being part of this project," he said.
Copyright © 2007 New Era. All rights reserved. Distributed by AllAfrica Global Media (allAfrica.com
NEWS5 November 2007 Posted to the web 5 November 2007
By Frederick PhilanderWindhoek
"Entrepreneurship has become a buzzword, not only in Namibia but all over and especially in developing countries. In Namibia a decision was recently taken to introduce the subject 'entrepreneurship development' in schools at tertiary level, a move which is very commendable."
This was said by Thaddius Maswahu, Acting Head of Marketing of Standard Bank at the handing over of N$60000 to Uidago Weavers last week at Uis.
Deputy Minister of Finance, Tjikero Tweya, also spoke at the occasion and handed over the cheque. Tweya said that he had visited Uis in May this year and had become acutely aware of the plight of the people living in Uis. "I was astounded at the fantastic work that the weavers do and at the same time appalled at the plight of the unemployed youth. Something had to be done and I approached Standard Bank to assist.
"The bank immediately jumped at the opportunity and wheels were put in motion. I did not want to give handouts, but rather create an opportunity for education and entrepreneurship," Tweya said. According to him, the money will be utilized to purchase materials, which in turn will be used to teach the unemployed youth the art of weaving. "This will ultimately lead to self-sufficiency, an income and hopefully keep the youth from resorting to crime, alcohol and drug abuse," he said hopefully.
Maswahu thanked the deputy minister for offering the opportunity of assisting the Uis youth to Standard Bank. "Your efforts of providing the youngsters of Uis with skills, which give them a sense of worth and the opportunity to earn a living and which will ultimately lead to self-employment, is highly commendable and we are proud of being part of this project," he said.
Copyright © 2007 New Era. All rights reserved. Distributed by AllAfrica Global Media (allAfrica.com
# posted by D.Higgins @ 12:50 AM 
