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Entrepreneurship in universities

Entrepreneurship in universities

By Alex Mlanga

Blantyre, December 12, Mana: An economic expert from Mzuzu University (Mzuni), Christopher Mbukwa, stated that integrating entrepreneurship courses into university curricula is producing positive outcomes, as students in various Malawian universities are engaging in diverse business ventures while continuing their studies.

“Two key points are notable, firstly, most universities introduced entrepreneurship courses at the turn of the century, and after one or two revisions, we began to see tangible results. Secondly, difficulties in securing traditional employment are driving graduates from various backgrounds to innovate through start-ups, which is commendable,” Mbukwa, explained in an interview with Malawi News Agency (Mana) this week.

He highlighted that several businesses started by groups of students have excelled in creating jobs and producing valuable products.

The expert suggested that universities can play a crucial role in promoting entrepreneurship, citing Mzuni and Lilongwe University of Agriculture and Natural Resources (LUANAR) where their entrepreneurship hubs provide students with resources, mentorship, and networking opportunities.

“Universities can also encourage critical thinking, problem-solving, and creativity and create an environment where failure is not stigmatised,” he said, adding that there was need for universities to partner with industries and small business owners to create hands-on learning experiences for students.

Malawi University of Business and applied Science (MUBAS) fourth year student, Arshley Lovemore Nazombe, has been engaged in entrepreneurship for three years selling electronics.

Apart from this, Nazombe also acts as an agent in helping first year student to secure accommodation, saying this helps him to make ends thereby reducing dependence on his parents.

Mzuni student, Alexander Chimkonda, also ventured into entrepreneurship after registering his business, Xander Creditors to provide loans to fellow students.

“I started this business after realising that not every student can access loans from finance lending institutions as most lending institutions often require employment as a condition to access loans.

“This leaves students with limited options. I saw an opportunity to fill this gap,” he added.

Both Nazombe and Chimkonda emphasised the importance of time management to balance academic and entrepreneurial pursuits.

“I balance my academic and business. I understand that I came here to learn, so school is my priority, during weekdays I attend classes while weekends I do my deliveries to customers, or when I finish my classes I do some adverts on social media platforms such as WhatsApp groups, Facebook where I find potential customers,” said Nazombe.

When contacted, MUBAS, Deputy Registrar, Elias Chizimba did not comment much saying he was following up the matter.

“I asked one officer to provide data on entrepreneurship activities among students,” he added.

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