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Gold Fields gives scholarship to 150 students – Business & Financial Times Online

Monday, 13 March 2017

Gold Fields Ghana Limited has awarded scholarship to 150 students in its catchment area to the tune of US$160,000.

The beneficiaries, made up of 86 males and 67 females are to further their education to the Senior High Schools (SHS) and tertiary levels across the country.

About 1,245 students have benefitted from the scholarship scheme since the inception of Gold Fields Ghana Foundation in 2005 – our development focus is on infrastructure development, health, provision of water and sanitation, skills development training for community youth, agriculture, education among others, Mr. Stephen Osei-Bempah, General Manager, Gold Fields Tarkwa Mine has said.

“For every ounce of gold we produce, one dollar is set aside for the foundation- 1% of pre-tax on profit is also sent to the foundation to help in the developmental activities and projects in the company’s catchment area” he said.

Speaking at the scholarship awards ceremony which also coincided with the mine’s consultative meeting at Tarkwa in the Western Region, he pointed out that education continues to remain number one priority in contributing towards sustainable development of the communities surrounding the Tarkwa Mine operations.

“For this year alone, our budget allocated for education is $384,842 – this will go into providing a three bedroom accommodation for the municipal education directorate, teachers award ceremony, furniture for schools, motor bikes to support the monitoring and supervision of schools within host communities as well as scholarships and bursaries for continuing and current beneficiaries among others” he said.

He urged the recipients of the award to learn hard to continue to enjoy the scholarship – your performance will be monitored and we will not hesitate to withdraw from anyone of you who do not live up to expectation.

“I implore you, proud winners of this award to prepare yourselves well in your youth so that you are able to take the opportunities that will present themselves throughout your lives so you can make a long lasting and positive difference in your own life that of your family, the community and the country as a whole” he advised.

Madam Anastasia Kunta, Tarkwa-Nsuaem Municipal Director of Education noted that Gold Fields has always been interested in the education of people in its catchment area.

“Ghana Education Service is much appreciative of the investment you are making in the lives of students – it is not all organization which will support in this direction “she said.

She encouraged the students to take their studies seriously and not to pick up deviant behaviour from others.

Dr. Nana Adarkwa Bediako II, Gyasehene of Apinto Divisional Council at Tarkwa noted that most mining towns in the country are not developed-they expect the mining companies to do everything.

“Assemblies get royalties from the mining companies, we have the Assembly’s Common Fund – what are the assemblies doing to bring about development” he asked. We are suppose to be partners in development and not a burden on the mining companies.

He encouraged Gold Fields to increase the number of tertiary beneficiaries of the scholarship scheme next year –President, Nana Akufo-Addo is introducing free SHS in September 2017, bursaries for the SHS can be used to support the tertiary level.

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