Social Security Commission awards bursaries

11 Mar 2015 15:10pm
WINDHOEK, 11 MAR (NAMPA) – The Social Security Commission(SSC), through its SSC-Development Fund (SSC-DF) handed over bursaries and study loans to 107 students in the capital on Tuesday.
Officiating at the handing over ceremony, SSC Board Chairman, Zephania Kameeta, said a country such as Namibia with a small but youthful population, requires an inter-disciplinary approach to tackling skills shortage, skills mismatch and unemployment.
He added that unemployment, despite a multi-faceted efforts aimed at containing it, keeps rearing its ugly head. As such, the SCC does its best in its own way to contribute towards a reduction in unemployment.
He expressed concern that while many Namibians aspire to acquire a sound qualification and a good job with a reputable employer, the reality is that the Namibian economy has not been able to create adequate jobs to absorb all job seekers.
“There are those of you who have an entrepreneurial drive and a disposition to go off the beaten track. You should look beyond finding employment and instead explore the possibility of venturing into business development in order to create employment for yourselves and others” advised Kameeta.
Kameeta noted there is a variety of business support services in the country as well as funding opportunities, but admitted that there are challenges in accessing funding.
He said demand-driven qualifications will help young person into labour market, as the country struggle to contain unemployment.
Kameeta issued a stern warning to all the beneficiaries of the bursaries and study loans not to become complacent, but to study hard.
He said the SSC’s responsibility will be to provide funding and take care of the financial burden of the beneficiaries' studies, but they have to repay SSC and the nation at large with good grades.
He urged to students to stay away from activities that will destruct them from pursuing academic excellence.
The students who received the loans and bursaries are pursuing studies in various fields at tertiary institutions such as the Polytechnic of Namibia (PoN), University of Namibia (UNAM) International University of Mangement (IUM)and various other institutions within the Southern African Development Community( SADC).
The SSC-DF has awarded 211 full bursaries and 89 study loans, worth more than N.dollars 50 million since 2009.