After an alleged maladministration and corruption scandal that has been going on for several years at the Vaal University of Technology (VUT), Minister Naledi Pandor is set to go after the institution’s management responsible for the missing R30 million at the institution.
VUT received a letter from minister Pandor, which according to the star, they have seen. In the letter, she stated that she had appointed renowned Professor Barney Pityana as an independent assessor to investigate, financial procurement and tender irregularities at the institution.
According to the star, in September last year, the staff at the institution had mismanaged funds which were supposed to be used to perform “cosmetic projects” such as painting walls at internal residences, instead of addressing “much-needed student accommodation, in what the sources added was a deviation intended to loot VUT coffers.”
DUT collaborates with local schools to accelerate entrepreneurship
The Durban University of Technology takes entrepreneurship to local schools, an initiative which aims to expose primary and high school learners to entrepreneurship at a very young age.
This collaboration is achieved through an Entrepreneurship Centre & Student Desk, Adopt a School Entrepreneurship training. An initiative which started on the 8th of October. Through this, studentpreneurs have been taking the initiative to mentor and transfer the necessary skills to the future entrepreneurs.
DUT’s hope is to see these collaborations create a space for students to broaden the available opportunities and their career options.
Creating innovative spaces where entrepreneurship is put at the forefront is key, especially at a young age when knowledge has the potential to manifest into opportunities.
Interested in entreprenuership? join the national entrepreneurship week
Entrepreneurship, a way to develop communities and ensure economic growth. There have been conversations around including it in the curriculum and for business institutions to put it at the forefront of learning.
The University of Johannesburg is calling on students to join the National Student Entrepreneurship week taking place on the 2-4 November.
This will be a virtual experience where the Entrepreneurship Development in Higher Education (EDHE) Programme joins students to equip them for the future.
To join follow the link
Register on https://edhe.co.za/sew-2020/
Making entrepreneurship a top career, key in higher education institutions
Unemployment has led a lot youth to venture into entrepreneurship. This has created a lot of conversations around including entrepreneurship as part of the academic programmes in higher education institutions.
Every career or qualification has a potential to lead one to venture into entrepreneurship.
“Universities do not necessarily need separate courses on enterprise and entrepreneurship. Instead, entrepreneurship should be a lens through which we look at all education and the world of work”, said Ms Ceri Nursaw, the Chief Executive of the National Centre for Entrepreneurship in Education (NCEE).
Entrepreneurship and the contribution it can make towards development remained the highlight at the Entrepreneurship Development in Higher Education (EDHE) Lekgotla 2020.
What was taken into consideration was; How South Africa rates in terms of entrepreneurial attitudes, Framework factors that inhibit entrepreneurship in South Africa, How to ensure entrepreneurialism becomes part of people’s behavior, How to drive change in entrepreneurialism, and How to become an entrepreneur while still a student.
It was revealed that, South Africa has greater opportunities in terms of entrepreneurship surpassing the global average. It was also found that this is also accommodated by the rights skills. However, intentions to actually start a business are low which has resulted in fewer people entering the entrepreneurship space.
“The good news was that within South African culture, enterprise and entrepreneurship commands a very high status and is seen as a really good career choice. This isn’t a natural state for many countries and it’s a significant opportunity for South Africa,” said Nursaw.
Another factor looking into Framework factors that inhibit entrepreneurship in South Africa was that growth and development of entrepreneurship in South Africa red tape and bureaucracy, and insufficient government support affected people starting businesses. Easier to control and do something about, though, is the need for entrepreneurial education, both at secondary and post-secondary levels.
In closing Narsaw said institutions should have to have incubator facilities so students have community support. Equally important, however, “is creating a mindset that this isn’t unusual; that you can do it; it is part and parcel of how you will need to be in the future.”