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Caterpillar : Barloworld Equipment, Caterpillar launch free training programme in Mozambique

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02/23/2017 | 02:55am CET

Barloworld Equipment and Caterpillar recently launched Technicians for Africa, a free foundation training programme, in Tete Province, Mozambique... “We know there is undiscovered talent out there, so we particularly aim to facilitate entry to technical training and careers for disadvantaged students, school leavers and job seekers. We are delighted that this initiative in Mozambique has already attracted 650 participants," says Vasco Santos, COO of Barloworld Equipment, Mozambique.

The Technicians for Africa programme gives free online training at foundational level in both Portuguese and English. All participants who successfully complete the free programme receive a SAQA-approved foundational certification as Cat Certified Technicians.

E-learning programme

Anyone with access to a smartphone, tablet or desktop computer can take part in the training, which consists of 18 one-hour modules. This e-learning programme is also available at onsite workstations in the company’s drop-in facility, the Barloworld Equipment Container Computer Lab.

“We believe this is an opportunity for would-be technicians to learn from the best and come out armed with a foundational qualification that will help them start a sustainable career,” says Santos. “This year Barloworld Equipment celebrates 90 years of partnership with Caterpillar. For us, Technicians for Africa is a pledge to the futures of our companies and even more importantly to the future of our continent.”

The Technicians for Africa programme is designed to cover topics such as the basics of safety and the fundamentals of engines and of electrical and hydraulic systems.

Reaching remote rural areas

“We have worked with the Mozambican Instituto do Emprego e Formacão Profissional (INEFP) to create a programme that reaches potential talent even in remote rural areas and that aligns with the objectives of the Mozambican Strategic Education Plan,” says Santos. “As part of that, we particularly hope that young women will be enthusiastic participants in the Technicians for Africa programme.”

Barloworld Equipment and Caterpillar believe that the programme will acts as a portal to productive and empowering careers, with greater job security for participants.

“We also hope that some Technicians for Africa graduates will enjoy the opportunity of participating in Barloworld Equipment’s apprentice programme, ultimately joining us in our mission to deliver innovative solutions for exceptional performance through our people,” says Santos.

(c) All rights reserved. 2017. Bizcommunity.com Provided by SyndiGate Media Inc. (Syndigate.info)., source Middle East & North African Newspapers

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Financials ($)
Sales 2017 37 858 M
EBIT 2017 2 678 M
Net income 2017 1 536 M
Debt 2017 19 574 M
Yield 2017 3,14%
P/E ratio 2017 36,96
P/E ratio 2018 23,36
EV / Sales 2017 2,04x
EV / Sales 2018 2,03x
Capitalization 57 593 M
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Caterpillar Inc. Technical Analysis Chart | CAT | US1491231015 | 4-Traders
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Mean consensus HOLD
Number of Analysts 26
Average target price 93,7 $
Spread / Average Target -4,6%
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Donald James Umpleby Chief Executive Officer
Bradley M. Halverson Group President & Chief Financial Officer
Douglas R. Oberhelman Chairman
Julie A. Lagacy CIO & VP-Global Information Services
William A. Osborn Independent Director
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