Investing in nextgen financial experts

24 March 2021 | Education

Local firms Arysteq Asset Management and Simonis Storm Securities joined forces to award seven bursaries to Namibian students embarking on a career in finance.
The two firms established the Arysteq Foundation in 2016 due to their shared passion and commitment to fostering the development of Namibian expertise in the financial sector.
Four bursaries have been awarded to students studying towards BSc Financial Mathematics and B Accounting at the University of Namibia (UNAM), while one candidate was awarded a bursary to study towards a BSc in Applied Mathematics and Statistics at the Namibia University of Science and Technology (NUST). These bursaries will support students with the funding of tuition, textbooks and accommodation needs.
The remaining two bursaries have been awarded to two students pursuing their studies in B. Accounting at Stellenbosch University in South Africa. These bursaries comprise a top-up amount of N$30 000 which will contribute to their existing bursaries.

Paving the way
The Arysteq Foundation aims to support local skills development and capacity building which will contribute toward the growth of the local economy. One of the foundation’s contributing firms, Arysteq Asset Management is one of six companies selected by the Government Institutions Pension Fund (GIPF) to participate in its incubation programme. The incubation programme paves the way for the next generation of Namibian fund managers to manage local pension fund money.
“Covid-19 has created an uncertain outlook for the labour market and therefore has placed a threat on future employment prospects for Namibian youth,” says Purvance Heuer, Managing Director of Arysteq Asset Management. “Despite the current economic climate, we want to support the next generation of financial specialists in realizing their dreams. These bursaries support the students allowing them to focus purely on their studies and achieve the best results possible.”

Similar News

 

Learners master German

2 days ago - 20 April 2021 | Education

The German ambassador to Namibia Herbert Beck, Deutsche Höhere Privatschule Windhoek (DHPS) Principal Kristin Eichholz and teachers involved in teaching German as a foreign language,...

CLaSH makes donation to DHPS

1 week ago - 14 April 2021 | Education

The executive director of the Association for Children with Language, Speech and Hearing Impairments of Namibia (CLaSH), Heide Beinhauer, recently visited the Diagnostic and Support...

Namcol, Education take hands

1 week ago - 12 April 2021 | Education

The education ministry spent around N$27 million available to develop online teaching and learning material to counter the effects brought on by Covid-19 on the...

Learning through sport

2 weeks ago - 06 April 2021 | Education

Today (6 April) is the International Day of Sport for Development and Peace (IDSDP) and within the framework of the Integrated Physical Education and School...

Children meet Frieda and the SDGs

2 weeks ago - 05 April 2021 | Education

The United Nations Information Centre (UNIC) Windhoek is embarking on an outreach project for children across the capital that accessibly relays development issues, particularly the...

Natural Sciences 2.0

3 weeks ago - 01 April 2021 | Education

Contemporary learning and teaching methods involve more than face-to-face lessons and browsing through books: It is about group work, interactive and flexible study methods, use...

Textbooks for Oanob PS

3 weeks ago - 31 March 2021 | Education

Support Ulm e.V., in collaboration with the Ohorongo Otavi Community Trust (OOCT) donated textbooks and teacher’s guides to Oanob Primary School in Rehoboth. The donation...

German government supports OYO

3 weeks ago - 31 March 2021 | Education

The German Ambassador to Namibia Herbert Beck and Dr Philippe Talavera, director of the Ombetja Yehinga Organisation (OYO), signed a funding agreement for OYO’s “Girls...

DHPS celebrates Cultural Day

3 weeks ago - 26 March 2021 | Education

Windhoek • Sylvia SchlettweinVisitors – finally!After a year of no events due to Corona, the Deutsche Höhere Privatschule Windhoek (DHPS) could finally welcome special guests...

Taking online learning everywhere

3 weeks ago - 26 March 2021 | Education

Many schools took to online learning during the pandemic, although many less fortunate schools were left behind.In light of this, the Capricorn Group saw the...

Latest News

Struggle kids ‘stigmatised’

5 hours ago | Social Issues

Children of the liberation struggle, also known as ‘struggle kids’, feel it is hard for them to secure employment outside government, because there is a...

Central estates agents awarded

5 hours ago | Banking

Aqua Real Estate, Rightmove Properties Windhoek and Arnel Properties were announced as the top three central estate agencies servicing Bank Windhoek.In the category for Residential...

Knight Piésold celebrates a century

5 hours ago | Business

From its humble beginnings in South Africa on 1 April 1921, Knight Piésold has established and grown its local operations within Southern Africa, through its...

Visual arts on a roll!

1 day - 21 April 2021 | Art and Entertainment

The Bank Windhoek Triennial 2020 Awards ceremony and exhibition opening takes place on Thursday (22 April 2021) at 16:00. With 491 submissions received of which...

Family’s battle to reunite continues...

1 day - 21 April 2021 | Justice

Windhoek • [email protected] Namibian High Commission in Pretoria on Tuesday briefly shut the door to Namibian Phillip Lühl after he tried to submit a formal...

Campaigning for counselling

1 day - 21 April 2021 | Crime

Members of Parliament (MPs) have proposed compulsory counselling and psychological support for victims, perpetrators or anyone exposed to gender-based violence to end the cycle of...

Whistleblower Stefánsson scoops WIN WIN...

1 day - 21 April 2021 | Justice

This year’s winner of the WIN WIN Gothenburg Sustainability Award is the Icelandic whistleblower Jóhannes Stefánsson, who led the revelation of a widespread corruption scandal...

Sewing machines, fabric for NCS

1 day - 21 April 2021 | Business

Mulungushi Textiles & Importers recently donated overlock sewing machines and fabrics worth around N$100 000 to the Namibian Correctional Services. The Khomas & Hardap regions...

Is your agent making use...

1 day - 21 April 2021 | Life Style

The way we live and work has been dramatically altered by the pandemic. It follows then that the way people buy and sell houses will...

Load More