Bank Windhoek and Capricorn Foundation invest NAD 1 million in Skills Development

Bank Windhoek and Capricorn Foundation invest NAD 1 million in Skills Development

Bank Windhoek and the Capricorn Foundation, dedicated leaders in fostering positive change and empowerment, are proud to announce a contribution of N$1 million to the Namibian Training Authority (NTA) in support of the third National Skills Competition to be held in Ongwediva from Monday, 25 September to Saturday, 30 September 2023. The competition will showcase 14 skill sets, including automotive technology, bricklaying, carpentry, cooking, tiling, hairdressing, and welding. The third National Skills Competition, organised by the National Training Authority, is an integral part of Namibia's efforts to cultivate a skilled and empowered workforce, which, in turn, contributes to an industrialised and knowledge-based economy.


This significant financial contribution reinforces Bank Windhoek and the Capricorn Foundation's commitment to being a true connector of positive change within the Namibian economy and communities in which it operates. "Bank Windhoek and the Capricorn Foundation are delighted to partner with the Namibian​ Training Authority to bring this competition to Ongwediva," said Bronwyn Moody, Head: Stakeholder Engagement, Corporate Social Investment, Sponsorships and Events, “our N$1 million sponsorship reflects our unwavering commitment to education and skills development in Namibia which leads to meaningful employment for Namibians in the long-term," she concluded.


In March 2022, Bank Windhoek also sponsored N$1 million towards staging the successful WorldSkills Africa Swakopmund 2022, recognising the transformative potential of technical and vocational education and training.


“Technical and Vocational Education and Training (TVET) in Namibia plays a key role in addressing unemployment, especially youth unemployment. The Capricorn Foundation is proud of our collaboration with our subsidiary, Bank Windhoek, and our partnership with NTA to host the third National Skills Competition. We remain committed to finding solutions to spur economic growth, social progress and job creation, including entrepreneurship", said Marlize Horn, Capricorn Foundation Executive Officer.

The Technical Vocational Training Competition promises to showcase exceptional talent, innovation, and dedication to craftsmanship.



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