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CEFI Delivers Financial Literacy Training at K92 Mine Site in Kainantu

The Centre for Excellence in Financial Inclusion (CEFI) successfully delivered a week-long Financial Literacy Training at the K92 Mining site in Kainantu, Eastern Highlands Province, from 7th to 11th July 2025.

The training was conducted following a request by K92 management, based at their Brisbane Head Office, who raised concerns about the increasing number of employee staff advance requests. The company identified this trend as a sign of poor personal financial management and sought to address it through targeted education.

Over the course of the week, five separate training batches were held at the China Harbor Engineering Conference facilities within the mine premises. Employees from various departments, including Processing Plant, Health and Safety, Human Resources, Administration, and Engineering, took part in the sessions.

Each daily session focused on practical financial literacy topics such as budgeting, saving, banking plans, income and expense tracking, cash flow management, and the importance of keeping financial records. The sessions were designed to be engaging and directly relevant to the financial realities of the participants.

Participants actively engaged in discussions and activities throughout the sessions. Many expressed appreciation for the training, noting it provided them with a clearer understanding of their spending habits and the importance of planning.

The trainees acknowledged that the workshop served as a much-needed wake-up call and committed to making positive financial changes.

A total of 49 participants including 13 females completed the training across the five batches.

The training was praised as a timely and impactful initiative, equipping K92 employees with essential money management skills.

The participants indicated strong interest in future refresher sessions to reinforce what they had learned and to continue fostering financial responsibility in the workplace.

Ends.

Image Caption: CEFI successfully delivered a week-long Financial Literacy Training at the K92 Mining site in Kainantu, Eastern Highlands Province, from 7 to 11 July 2025. The images show K92 employees actively participating in the training sessions.

 

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