By Priscilla Kumbambe
The first congregation for the Malawi University of Science and Technology (MUST) slated for October 24, 2019 has received timely boost following financial support from two insurance companies.
Smile Life Insurance Company, MUST’s first life insurers, presented a cheque of K3 million through its managing director Stain Singo while Mahogany Insurance Brokers Limited, which has also been working with MUST since the university’s inception in 2014, presented a cheque of K1.5 million through its operations officer, Francis Nthenda.
Realising that MUST will need resources for the ceremony, the two organisations decided to render support.
During the cheque presentation ceremony, Nthenda said his company decided to support to continue with its legacy of being MUST’s first business partners.
“We were among the first companies to do business with MUST and we want to be part of this historic first congregation for MUST. This is also a commitment to our continued partnership with MUST,” said Nthenda.
On his part, Singo said the donation is in addition to its commitment to sponsor innovation among academic staff members as his company believes in technology advancement.
“For this support, we were approached to contribute towards the first graduation ceremony and even there, our support is going towards rewarding high achieving students,” said Singo, adding that the donation was also an appreciation of the work that MUST was doing in educating the nation.
“As our colleagues from Mahogany talked about being among the first to do business with MUST, we are also proud as Smile Life Insurance for being the university’s first life insurers,” he said.
Receiving the cheques, MUST Vice Chancellor Professor Address Malata was all thankful to the two companies for the timely support.
“Since this is the first graduation ceremony for MUST, there are many things that need to be done and most of them require money. As a university that prides itself in innovation and doing business unusual, we want to make the day memorable and that requires resources. As such the support from Smile Life Insurance and Mahogany Insurance Brokers could not have come at a better time,” said Professor Malata.
She said the university has received support from various organisations in different forms, adding this was encouraging.
The funding will help the university to reward best students and those that came up with various innovations during their time of study.
The graduation on October 24 will be presided over by His Excellency the President, Professor Arthur Peter Mutharika, who is also MUST’s first Chancellor.
About 170 candidates are expected to be awarded certificates, diplomas and degrees in undergraduate programmes of Earth Science, Meteorology and Climate Science, Biomedical Engineering, Chemical Engineering and Metallurgy and Materials Engineering. Other students will be awarded postgraduate degrees in Entrepreneurship and Innovation.
MUST admitted its pioneer students in March 2014 but was officially opened on October 24, 2014 and the graduation day has been planned to coincide with the university’s birthday.