The Namibia Economist

Financial school goes south

The Financial Literacy Initiative was rolled out to towns in the Hardap and Karas regions this week. Starting in Keetmanshoop on Monday, the financial literacy programme was taken to local communities in Keetmans, Tses, Mariental and Rehoboth where the last presentation takes place this Friday.
The Financial Literacy Initiative (FLI) is a national platform initiated by the Ministry of Finance and supported by Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) on behalf of the German Ministry for Economic Cooperation and Development.
The main objective of the Financial Literacy Initiative is to enhance financial education for individuals and micro-, small- and medium sized enterprises. More than 30 partners from the Namibian public and private sector as well as civil society work together to address the needs in the area of financial literacy and consumer protection in a coordinated effort. The initiative aims at creating awareness on good and responsible practices, both for private and business finances.
The main theme of the current financial literacy educational campaign “Be wise” will cover financial matters around saving, budgeting and spending behaviour.
This campaign phase and roll-out to the South is directed to school learners from 15 to 20 years, individuals as well as micro-, small- and medium sized enterprises. The presentations comprise interactive approaches such as street theatre, TV and radio programmes, cooperation with schools and youth educational centres. For micro businesses, workplace activities and trainings for entrepreneurs are supported with print material such as posters, flyers, and booklets.
The Financial Literacy Initiative for the southern regions officially started on Monday 30 July. Presentations and interactive workshops were held every day. In addition to the presentations in public markets, individual schools were also targetted.

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