Caprivi Secondary understands central banking

The Caprivi Secondary winning team with their fantastic N$50,000 first prize and officials from the Bank of Namibia. The Caprivi learners excelled in the Bank of Namibia high school competition by offering the best debates on the role of a central bank. On the left is Lea Namoloh, Director of Human Resources at the Bank of Namibia.

The northern regions kicked dust in the eyes of the rest of the country when the top three position in the Bank of Namibia high school competition went to schools in Zambezi, Otjikoto and Ohangwena. Only Jan Möhr who finished fourth, represented a region not situated in the north.

This week the Bank of Namibia announced that Caprivi Secondary School is the winner of the bank’s competition for high school learners to debate the role of a central bank. Etosha Secondary came second, Ponhofi Secondary third, and Jan Möhr fourth.
For their winning performance, Caprivi Secondary School received a cash prize of N$50,000, while Etosha Secondary School walked away with N$30,000. Ponhofi Secondary School got N$10,000 and Jan Möhr High School received a printer.
The Bank of Namibia said its National High School Competition takes place every two years. The 2015 competition attracted an impressive 205 schools from all 14 regions. Learners from grade 8 to 12 were invited to participate in the regional phase conducted during July.
To enable the learners to prepare adequately for the competition, schools were provided with competition brochures and relevant resource manuals. Learners formed teams of four, each team under the guidance of a teacher.
The fourteen regional winners were Jan Möhr High School from Khomas, Karasburg Combined School from Karas, Swakopmund Secondary School from Erongo, Mariental High School from Hardap, Caprivi Senior Secondary School from Zambezi, Dr Romanus Kampungu Senior Secondary School from Kavango East, Matumbo Ribebe Secondary School from Kavango West, Cornelius Goreseb High School from Kunene, Epako Secondary School from Omaheke, Ponhofi Secondary School from Ohangwena, Otjiwarongo Secondary School from Otjozondjupa, Etosha Secondary School from Oshikoto, Onesi Secondary School from Omusati, and Andimba Toivo ya Toivo Secondary School from Oshana.
At the final event, learners competed in front of a panel of judges and a live audience. The competition was conducted with a buzzer system with the team pressing the buzzer first having one minute to the respond to the question posed.
In her welcoming remarks Ms. Lea Namoloh, Director of Human Resources at the Bank of Namibia said, “Investing in education is one of the key focus areas of the Bank of Namibia’s corporate social responsibility programme”. She also highlighted the lucrative bursary scheme offered by the Bank of Namibia in the fields of economics, finance, accounting, banking and information technology, inviting the participants in the National High School Competition to apply.