NamPower hands over bursaries

16 Jan 2014 15:50pm
WINDHOEK, 16 JAN (NAMPA) - Twenty students studying in various fields received bursaries from NamPower in the capital on Thursday.
The bursaries cover accommodation, an allowance, medical aid, registration, travelling allowance, meals and books.
The first year students, who will pursue their studies in Namibia and South Africa, will study in the fields of power engineering, mechatronics, computer science, electrical engineering, education (particularly mathematics and science), business administration, accounting and law.
Of the 20 students, 17 are undergraduate students of which are eight female and nine, male.
Of the 17 undergraduate students, three students are disabled and will pursue studies in accounting, business administration and law.
The remaining three students will pursue their Master’s Degrees in electrical/power engineering, management accounting and law.
Handing over the bursaries, NamPower’s Chief Officer for Corporate Services Isac Tjombonde said the NamPower bursary scheme has been in existence for over 10 years now. More than N.dollars 2 million is invested in the scheme annually for the provision of new bursaries to undergraduates and a limited number of postgraduate Namibian students who want to pursue studies in various fields.
According to Tjombonde, 626 bursary applications were received from across the country for the 2014 academic year.
“Despite the enormous power supply challenges under which NamPower is expected to spent tens of billions of dollars in power generation and transmission infrastructure to sustain the supply of electricity to the national economy, NamPower as a responsible corporate citizen continues to invest significantly in the Namibian society,” he said.
He added that significant investments continue to be made through the NamPower social investment arm and the NamPower Foundation in various community projects aimed at socio-economic development.
NamPower supports projects in the areas of Information and Communication Technology (ICT), education, sports, the environment and social welfare.
Tjombonde stressed that education and skills development is important for economic growth as this is key to the future sustainability of power supply in the country and therefore to the realization of Vision 2030.
Through its bursary scheme, NamPower supports continuous improvement, ensuring that the next generation of employees and leaders will be equipped to meet evolving demands for skills and innovation, he said.
He urged the students to study hard so that they can achieve their full potential.