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04:56Last update on: 12 Aug 2013
The Namibian
Mon 12 Aug 2013


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NAMIBIA’S unemployment rate is currently estimated at 27.4%. The vast majority of people affected by this social issue are the youth. In its drive to address this worrying trend of youth unemployment in the country, Standard Bank Namibia has invested N$240 000 for purchasing 614 Start-up toolkits for the Ondangwa vocational graduates of the Katutura Youth and Enterprise Centre (KAYEC Trust).
The toolkits enable the trainees to get a head start in setting up their own businesses in the various fields of studies such as bricklaying, metal work, welding, carpentry, plumbing and electrical engineering.
Standard Bank Namibia’s sponsorship of toolkits to KAYEC Trust is part of the bank’s Corporate Social Investment (CSI) projects in promoting entrepreneurship.
“In this way, as Standard Bank Namibia we are playing our role in giving these graduates the keys to success. It’s about enhancing entrepreneurial development and employment among young Namibians. Through our CSI initiatives we firmly believe in moving our communities forward by ensuring that they enjoy improved livelihood and success. We are also assisting our Government in meeting its national developmental goals and ensure economic development,” said Surihe Gaomas, PR & Communications Manager at Standard Bank Namibia.
As of late some of the KAYEC graduates who received these start-up toolkits in the north have already started their own businesses.
One such graduate is Paulus Mvula who has been running his own welding business “Paulus Mvula Professional (PMP) Vocational Works” for the past seven months. “My business is going very well and the toolkits enabled me to start working for myself. I also appreciate the training programme I studied at KAYEC because the standard of education there gave me enough knowledge and skills to get where I am today,” said Mvula who looks forward to extending his business in the near future. Besides welding he has also branched out in offering other services such as carpentry, painting, bricklaying and tiling.
Thirty-eight year old bricklayer Petrus Shikulya says his studies at KAYEC and the acquired start-up toolkits opened a door of opportunity for him to be his own boss and not rely on others for employment. “Previously I was working at a building company, but then I decided to empower myself by going to KAYEC to upgrade my skills. I’m so glad I did that because I can now register my business, employ more staff and at the same time pay for my children’s school fees,” said Shikulya.
KAYEC Trust’s Deputy Director Joe-Shikongo Mundukuta says the provision of the Start-Up Toolkits to graduates has proven to be effective in helping trainees to start their own business as well as access employment opportunities.
“The toolkits are an incentive package to KAYEC graduates and create hope for a better life after they graduate. KAYEC trust therefore anticipates that if this practice can continue to be an integral part of the vocational training package with the support of the private sector, the livelihood of many unemployment youth will improve and strengthen their socio-economic status.,” says Mundukuta.
He adds that “the availability of the start-up toolkits has made employment for KAYEC graduates easier to secure, as their employers are impressed to see them appearing with tools and ready to work or render services.”
The business and entrepreneurial skills that school drop outs and unemployment youths receive at KAYEC Trust is integrated in their technical studies. This provides trainees the self esteem to start their own businesses and see tangible improvement in their livelihood and households.
Standard Bank Namibia’s sponsorship of toolkits to KAYEC Trust is part of the bank’s Corporate Social Investment (CSI) projects in promoting entrepreneurship.
“In this way, as Standard Bank Namibia we are playing our role in giving these graduates the keys to success. It’s about enhancing entrepreneurial development and employment among young Namibians. Through our CSI initiatives we firmly believe in moving our communities forward by ensuring that they enjoy improved livelihood and success. We are also assisting our Government in meeting its national developmental goals and ensure economic development,” said Surihe Gaomas, PR & Communications Manager at Standard Bank Namibia.
As of late some of the KAYEC graduates who received these start-up toolkits in the north have already started their own businesses.
One such graduate is Paulus Mvula who has been running his own welding business “Paulus Mvula Professional (PMP) Vocational Works” for the past seven months. “My business is going very well and the toolkits enabled me to start working for myself. I also appreciate the training programme I studied at KAYEC because the standard of education there gave me enough knowledge and skills to get where I am today,” said Mvula who looks forward to extending his business in the near future. Besides welding he has also branched out in offering other services such as carpentry, painting, bricklaying and tiling.
Thirty-eight year old bricklayer Petrus Shikulya says his studies at KAYEC and the acquired start-up toolkits opened a door of opportunity for him to be his own boss and not rely on others for employment. “Previously I was working at a building company, but then I decided to empower myself by going to KAYEC to upgrade my skills. I’m so glad I did that because I can now register my business, employ more staff and at the same time pay for my children’s school fees,” said Shikulya.
KAYEC Trust’s Deputy Director Joe-Shikongo Mundukuta says the provision of the Start-Up Toolkits to graduates has proven to be effective in helping trainees to start their own business as well as access employment opportunities.
“The toolkits are an incentive package to KAYEC graduates and create hope for a better life after they graduate. KAYEC trust therefore anticipates that if this practice can continue to be an integral part of the vocational training package with the support of the private sector, the livelihood of many unemployment youth will improve and strengthen their socio-economic status.,” says Mundukuta.
He adds that “the availability of the start-up toolkits has made employment for KAYEC graduates easier to secure, as their employers are impressed to see them appearing with tools and ready to work or render services.”
The business and entrepreneurial skills that school drop outs and unemployment youths receive at KAYEC Trust is integrated in their technical studies. This provides trainees the self esteem to start their own businesses and see tangible improvement in their livelihood and households.
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(August 12)
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