MUST Invests K2.6 Billion for Economic Independence
The Malawi University of Science and Technology (MUST) says has invested K2.6 billion to support income generating activities lined up for the institution to achieve economic independence.
Speaking on Tuesday after the second graduation ceremony that was presided over by President Lazarus Chakwera, MUST Vice Chancellor Professor Address Malata said 1.3 billion kwacha will be used to develop the industrial park where they manufacture soft drinks for sale while the other remaining cash will be under endowment fund to support needy students.
“MUST is a solution-based university. We are doing everything possible to promote quality tertiary education,” said Prof Malata.
She added that they are also imparting students with entrepreneurship and innovative ideas so that they should be able to create job opportunities for many citizens.
“Don’t just wait to be employed. I urge you to use the skills you attained here to employ others,” she stressed.
She was speaking at a graduation ceremony of 364 students on Tuesday where Chakwera was also installed as MUST Chancellor.
President Chakwera asked the graduates to demonstrate their ability by coming up with innovative interventions to help the country achieve the 2063 national agenda.
“This country needs to have technological and innovative graduates. Such productive citizens are key for the country to create wealth and self-reliance unlike the current trend where citizens depend on government aid,” said Chakwera.
President Chakwera said his government delinked the university of Malawi in order to scale up human capital development, promising that he will see to it that universities are adequately supported in the country.