The Capricorn Academy for School Leavers, an initiative of Bank Windhoek under its “Young Talent Programme”, officially launched in Windhoek with the announcement of the ten successful candidates.
The Capricorn Foundation pledged in May 2024 that it will be funding this programme of its subsidiary, Bank Windhoek, with an amount of N$1 million, as part of its commitment to empowering Namibia’s youth and tackling youth unemployment. The selected candidates were welcomed in Windhoek for a comprehensive induction and onboarding program, including a tour of Bank Windhoek’s branches in the city, to help them become familiar with the organisation and its operations.
Originally launched in May 2024 as the Capricorn Academy for School Leavers, the programme has been renamed to the Emerging Bankers Programme. By investing N$1 million in the Emerging Bankers Programme, the Capricorn Foundation is creating valuable opportunities for young Namibians to acquire essential skills and find employment.
“The programme’s structure, which includes extensive training and job placements over 18 months, reflects a commitment to the Foundation nurturing talent and preparing individuals for fulfilling careers in the banking sector. We are happy that this initiative serves as a significant stepping stone towards economic independence and professional growth,” said Marlize Horn, Executive Officer of the Capricorn Foundation.
The Emerging Bankers Programme recognises the unique challenges that young people in small towns face, such as limited access to education and employment opportunities. These individuals often encounter significant obstacles to advancing their careers. By providing training and job opportunities locally, the programme addresses unemployment and contributes to the development and empowerment of rural communities.
“The Emerging Bankers Programme aims to create a talent pipeline in smaller towns, foster community engagement, and harness the potential of our youth, creating a sense of belonging for this vital demographic. The initiative seeks sustainable solutions through partnerships with local communities and stakeholders. With more than 750 applications received, the programme shows early success and a commitment to empowering the young workforce. It highlights the importance of providing opportunities for those facing challenges in accessing education and employment, ensuring a promising future. ‘Investing in our youth reduces unemployment, alleviates poverty, and creates a skilled and motivated workforce leading to increased productivity and innovativeness,” said Louretta Louw, Head People Development at Bank Windhoek.
Recognising the important role of these organisations in addressing youth unemployment highlights the significance of corporate social responsibility and community engagement. As the programme continues to gain attention and participation, it sets a powerful example of how collaboration between the private sector, philanthropic organisations, and local communities can drive positive change and create opportunities for sustainable development. After a thorough selection process, ten exceptional candidates have been selected to participate in the Emerging Bankers Programme. The following branches will host the selected candidates:
- Mariental: Dirlon Reynolds
- Katima Mulilo: Musiyabai Tabale and Iuze Muitumwa
- Osjifo: Juliana Fillipus
- Ondangwa: Anna Haikali and Mateus Joseph
- Outapi: Edla Tjikaka
- Oshakati: David Nangombe
- Keetmanshoop: Shawnae Stoffel
- Opuwo: Vamanouzeu Muzuma
The Emerging Bankers Programme represents a promising model for addressing youth unemployment in Namibia. It offers hope and opportunity to the next generation. This initiative has the potential to make a difference, drive significant positive change, and foster inclusive economic growth.