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14 December, 2018

 

UNIVERSITY OF MALAWI AND NICO LIFE INSURANCE IN A PARTNERSHIP AGREEMENT 

 

Today, 14th December, 2018 marks yet another milestone for the Vice-Chancellor Scholarship and Merit Awards Fund as Nico Life Company Insurance has stepped in to invest in the University of Malawi by sponsoring 8 students from the four constituent colleges of University of Malawi (Chancellor College, College of Medicine, Kamuzu College of Nursing and the Polytechnic).

The Vice-Chancellor of University of Malawi Professor John D. Kalenfga Saka established the Vice-Chancellor Scholarship and Merit Awards Fund from 2013 when he had been appointed as the Vice-Chnacellor of University of Malawi. The aim of the Fund is to assist needy students where the Vice-Chancellor and his team engage busness captains of the industry to establish partnership for funds in support of needy students in the University.

During the function held at the University Head Quarters in Zomba, the two parties signed a the Memorandum of Understanding (MoU) which will span from 2018-2023 academic years where two students from each college will be given tutition fees and living expenses till they graduate.

The MoU further says students under the scholarship will be given an industrial placement opportunity for them to have first hand experience with the industry.

Speaking at the function, Professor John D. Kalenda Saka said, "I am very delighted that this day has come when we conclude our partnership with NICO Holdings towards supporting the education of the Malawian Youth at the University of Malawi. This is the culmination of our engagement since the Thought Leadership Dialogue held in September, 2015 during which we agreed to strengthen our partnership to benefit our two institutions".

Professor Saka thanked NICO Holdings for coming forward to support the education of the Malawian Youth through provision of scholarships.

"One of the key outputs of the partnership concerns industrial placement of the good students over the holidays, this would be dependent on the performance of the students. Further, as employment opportunities arise in the industry, some could be engaged on long-term basis", he assured.

Professor Saka further advised the students beneficiaries who were themselves present at the function to pursue excellence through out their lives.

"Please pursue excellence throughout your life.  Aristotle said: "Excellence is an art won by training and habituation. We do not act rightly because we have virtue or excellence, but we rather have those because we have acted rightly. We are what we repeatedly do. Excellence, then, is not an act but a habit".

"Ensure that diligence/hardwork, commitment, patriotism, integrity and professionalism characterize whatever you do. You should be able to support your families and the loved ones back home after successful completion of your studies- there are huge expectations in that village...", he emphasized.

Speaking at the same function, NICO Holdings Group Managing Director assured Unima of NICO Holdings' continued commitment to see the signed agreement through.

"As NICO we are trying to give back to the community where we come from. Mind you the good number of us at NICO are graduates of University of Malawi and therefore we find it so befiting to support students who are otherwise bright but needy", he said

A student of Bachelor of Science Education Year 2 at Chnacellor College, Golden Chakometsa spoke on behalf of his awardees and was all praising at the good news that his own future and his friends' had been partly secured following the Nico Life Scolarshipp award.

"When we walk out of here today, we will not simply go back to our hostels and carry on as usual, no. The scholarship we have received today is the realistic motivation that the future is partly secured and the rest remains in our hands", he narrated.

Chakometsa said it was not a casual gesture that NICO demonstrated by rescuing the students' future which was on the verge of shuttering which came about not because "we are not intelligent enough, no, but we are financially not so privileged".

"Therefore, I am extremely humbled, and filled with the utmost appreciation to be here today receiving this scholarship.That’s why I hasten to implore my fellow students here to use this scholarship as motivation to work harder, as this is only the beginning", he conluded.