MoU Signed between UKZN and Trade and Investment KwaZulu-Natal
UKZN and Trade and Investment KwaZulu-Natal (TIKZN) have signed a Memorandum of Understanding regarding the formation of a new partnership to progress a number of initiatives.These include the design and offering of academic and related programmes in trade and investment promotion; research collaboration into aligned subject areas including economics and development finance of national importance to the country’s economic development and growth agenda. The partnership will also provide support for innovation and entrepreneurial activities, the development of new business ventures with a focus on commercialisation of new knowledge and technology transfer, and job creation.
KwaZulu-Natal’s MEC for Economic Development, Trade and Environmental Affairs, Mr Michael Mabuyakhulu, said the partnership could not have been formed with a better more ‘reliable and committed’ institution than UKZN which the provincial government already shared a good relationship with through the successful launch of the Local Economic Development (LED) programme, with the Graduate School of Business and Leadership.
Mabuyakhulu said that the partnership would help ‘enrich the province with skillful professionals who can stand against the world’.
UKZN’s Acting Deputy Vice-Chancellor: Research, Professor Salim Abdool Karim, thanked Trade and Investment KwaZulu-Natal for approaching UKZN about the partnership, and stressed the importance of producing intellectuals who will ‘create jobs and not take jobs’.
Chairperson of the TIKZN Board, Ms Ina Cronje, said they were delighted to partner with UKZN to ‘develop our country and foster economic growth’, whilst Deputy Vice-Chancellor: Teaching and Learning, Professor Renuka Vithal, commented: ‘UKZN is committed to serving the community through continued high level research’ and was delighted that “history is being made’ with the announcement of this strategic partnership.