Capricorn Foundation invests N$1m for youth job

• By Martha Nangombe

Capricorn Foundation has pledged to invest N$1 million in Bank Windhoek’s Young Talent Programme.
Despite various efforts to address this issue, the unemployment rate among young people in the country stood at around 38.41% in 2023, mirroring the previous year’s figures.

This substantial contribution is designated to The Capricorn Academy for School Leavers, a new initiative launched under Bank Windhoek’s overarching youth development program. The primary objective of The Capricorn Academy for School Leavers is to tackle youth unemployment head-on by offering training and employment opportunities to promising young Namibians.

The programme offers a lifeline to Grade 12 Class of 2023 graduates, providing them with a comprehensive 18-month training and job placement program within Bank Windhoek. During this period, participants will undergo training in various banking disciplines, learning from seasoned professionals in Windhoek. Upon completion of their training, graduates will be placed in selected Bank Windhoek branches across the country, including Aranos, Karasburg, Oranjemund, Luderitz, Opuwo, Oshifo, Katima Mulilo, Mariental, and Ondangwa.

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