BANK, YOUTH BODY HOST BUSINESS TRAINING FOR DAR STUDENTS

Eurafrican Bank, in collaboration with the Tanzania Youth Cultural Organisation (TAYCO), has organised a special youth business training programme for more than 200 secondary school students in Dar es Salaam.

The training is purposely meant to equip secondary school students with business knowledge and skills.

`This kind of training is geared to empowering Tanzanian youths and school leavers with skills that will help them to come up with their own business plans in future,` said Eurafrican Bank marketing manager Sudi Marungu soon after opening the training programme in Dar es Salaam yesterday.

He said the area of students was yet to be tapped, hence the bank, in partnership with TAYCO, had came up with the idea which would help to open up more employment avenues in the country.

`Business culture is supposed to start at the grass-roots level, such as students who are the future business entrepreneurs,` he said.

In the training, according to Marungu, students would trained on how they can come up with business plans and skills of running a business.

`We have seriously embarked on this area by establishing a student investment team (SIT) which is aimed at enabling students acquire entrepreneurial culture. This product therefore enables pooling of resources for future investments,`he added.

He explained that SIT was based on the concept of encouraging students at higher learning institutions with saving and investment groups.

`This will help students to come together, pool their resources and accumulate wealth through a savings plan that suits their shared goals,` he said.

Commenting on the programme, TAYCO president Gwakisa George said the idea come up after realising that most school leavers had no special skills that would allow them to start their own business.

`There is a massive unemployment level in the country and the most affected group are youths, hence this kind of training will enable students to come up with brilliant business ideas,`he said, adding: ?The plan to expand the training to other secondary school students across Tanzania is underway.

Our aim is to make sure that all students acquire those skills for their own benefit.`

SOURCE: Guardian