Minister speaks out on SFB Goldman Sachs programme

The Minister of Education Dr. Daphrose Gahakwa has said that the School of Finance and Banking (SFB) women entrepreneurship programme will not be affected by the termination of the William Davidson Institute (WDI) contract.
Dr. Daphrose Gahakwa.
Dr. Daphrose Gahakwa.

The Minister of Education Dr. Daphrose Gahakwa has said that the School of Finance and Banking (SFB) women entrepreneurship programme will not be affected by the termination of the William Davidson Institute (WDI) contract.

She made the announcement as the fate of the students who have been studying under the scholarship of Goldman Sachs hang in balance following the government decision to drop WDI.

“The scholarship programme will continue because it is not WDI that ran it…the scholarships are given by Goldman Sachs,” Gahakwa said Sunday while appearing on Contact FM’s crossfire, a local weekly programme.

She also said that even if under any circumstances Goldman Sachs decided to withdraw the scholarships, the government would continue to cater for those who are already on the programme.

“Even if they (Goldman Sachs) decided to withdraw the scholarships, we will continue with them because the government is already paying for many students at SFB,” observed Gahakwa.

The two scholarship programmes; certificate entrepreneurship for women and a full Bachelor of Business Administration (BBA) degree for female students, are sponsored by Goldman Sachs, a global banking firm. 

The certificate programme which aims to assist 10,000 women entrepreneurs around the globe in entrepreneurial skills was reviewed to meet specific needs of women entrepreneurs focusing on the underprivileged but qualified regardless of age.

Apparently, there are 30 students in the first and second year on a full Bachelor of Business Administration (BBA) degree at the school.

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