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engineering students. They have demonstrated themselves to be dedicated partners in our efforts to improve the holistic education these students receive, in the classroom, in the laboratory and in the workplace. Through the creation of this endowment and by inviting other interested companies to join, it is my sincere hope that, together, UKZN and local industry can continue to improve on the high standards of education received at UKZN. This also ensures that this education stays world-class and enabling to the growth of industry and the retention of skills that are both needed in our country.”
Because of you, our vision becomes reality.
Central to the success of the endowment is robust stewardship and governance. An appointed board comprising academic leaders, industry representatives, and key stakeholders will oversee the allocation of funds and ensure transparency and accountability in decision-making processes. This inclusive approach fosters synergy between academia and industry, paving the way for sustainable growth and innovation.
Transparency is paramount in ensuring the endowment’s effectiveness and impact. Annual reports detailing fund utilisation and outcomes will be shared with all stakeholders, providing insights into the tangible benefits derived from their contributions. This commitment to transparency fosters trust and confidence, laying the groundwork for continued support and collaboration.
As stewards of the future, UKZN and Metair Investments Ltd are committed to ensuring the endowment’s enduring legacy. Provisions are in place to safeguard its sustainability, ensuring that future generations of engineers continue to benefit from enhanced educational opportunities and resources.
Industry partners and the public are encouraged to contribute to the KZN Engineering Industry Endowment. To contribute, email foundation@ ukzn.ac.za
UKZN Engineering Students from left: Mr Lungani Mthethwa; Mr S’phamandla Vilakazi; Mr Zamani Duze; Mr Uhone Mashamba and Senior Manufacturing Manager at Smiths Manufacturing (Pty) Ltd Mr Boyck Magwaza.
UKZN FOUNDATiON ANNUAL REPORT 2023 13