CATHERINE MUMBA, Lusaka
CITI Foundation has invested US$30,000 in young people through Junior Achievement Zambia, in 14 secondary schools.
According to a statement issued by Citibank yesterday, the funds will be used for the implementation of entrepreneurship and work readiness training for school-going young people.
“Junior Achievement Zambia will implement the Junior Achievers programme and job shadowing activities which will benefit over 500 young people in selected secondary schools in Lusaka and Ndola districts,” the statement states.
The bank said through the implementation grant, the programme will reach over 1,000 young people in two years in Lusaka, Livingstone, Chipata and Ndola.
It states that Citibank Zambia Limited staff will play a role in mentoring and providing career guidance to young people in the implementation of the programme.
The Junior Achievers programme is targeted at young people aged between 16 and 19, and helps them appreciate and better understand the role of business in society.
Through this hands-on exercise, students learn about the free enterprise system and how businesses function, as well as provide financial literacy, work readiness and entrepreneurship that prepare them for the real world.
In a statement in Lusaka recently, Junior Achievers executive director Teddy Nyasulu said: “Citibank has come at a perfect time when entrepreneurship and career guidance is at the centre of youth entrepreneurship activities.”
Mr Nyasulu said his hope is that the work of the junior achievers can be complemented with that of ensuring that the regulatory framework, skills development, access to finance and information, communication and technology can be promoted so that young people can find it easy to start and run their businesses successfully.