Rudolf Gaiseb
Nedbank Namibia Holdings (NNH) launched its Education Trust on Monday.
The first 23 beneficiaries, including 16 Nedbank employees and seven Nedbank employee dependents, received funding for their studies through the Trust.
The Trust enables qualifying employees and their dependents to receive funding for education at accredited institutions within the Southern African Development Community across any field of study.
NNH Group Remco chairperson Florentia Amuenje said the financial assistance provided by the Trust is an investment in the future of people, an investment in families, and the nation at large.
“Without financial support, many hardworking employees and their dependents are left with limited options to access and afford tertiary education. The trust is designed to allow employees and their dependents an opportunity to acquire new skills, advance their education, and open doors to career opportunities without the overwhelming burden of debt or financial stress,” she stated.
“Similarly, last year, Nedbank awarded bursaries totalling N$715 000 to employees for various qualifications for their education,” she added.
Of this, N$274 260 was awarded to 12 internal employees, marking the highest number of internal bursaries ever granted.
Nedbank managing director Martha Murorua said the focus on education has inspired the creation of the NNH Education Trust.
It takes their commitment to an even greater level, extending support not only to staff, but to their families as well.
“At Nedbank Namibia, we believe that education is not merely a privilege, but a fundamental right. It’s the key that unlocks the door to opportunities, personal growth and collective progress. Our goal is to make Nedbank Namibia more than just a workplace. We want it to be a space where growth, development and lasting legacies are fostered,” she said.
Nedbank believes this investment in its employees’ learning is vital to innovation and professional development.
Bianca Muller, Nedbank Namibia’s human resources executive, stated that investing in employees not only fosters individual growth, but also drives organisational success.
“According to a global survey, companies that provide training and development opportunities to engaged employees are 17% more productive and 21% more profitable,” she cited.
She added: “More than two-thirds of this generation believe that training is not just beneficial but essential for a successful career. This shows how important it is to provide the right development opportunities needed to attract, engage, and retain our workforce”.