UKZN Receives KZN Engineering Industry Endowment

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In a collaborative effort to advance engineering education and innovation, the University of KwaZulu-Natal (UKZN) and the KwaZulu-Natal subsidiaries of Metair Investments Ltd, comprising of Smiths Manufacturing (Pty) Ltd, Hesto Harnesses (Pty) Ltd, Automould and Unitrade 745 (Pty) Ltd, have established the KZN Engineering Industry Endowment.

The initial contribution of R250 000 from Metair Investments Ltd to the UKZN Foundation is a shared commitment to nurturing talent and enhancing educational opportunities within the realm of engineering across KwaZulu-Natal.

The endowment also fosters excellence in engineering education. By channelling resources towards the School of Engineering at UKZN, the endowment seeks to fortify educational infrastructure and programmes, empowering students to excel in diverse fields such as Mechanical, Chemical, Electronic, Computer, Mechatronic Engineering and Electrical engineering.

The partnership between UKZN and Metair Investments Ltd signifies more than just financial support; it represents a strategic alliance aimed at empowering the next generation of engineers. Through collaborative initiatives, students will gain invaluable insights and practical experience, preparing them to address real-world challenges and drive technological advancements.

Metair Investments Ltd CEO, Mr Paul O’Flaherty, said, ‘Metair Investments Ltd, together with its subsidiaries, greatly value its relationship with the Faculty of Mechanical Engineering at UKZN and in particular, Professor Glen Snedden and his team. We appreciate the students who choose to conduct their vacation work at any one of the four mentioned subsidiaries. Top performing students are also offered permanent employment, post-graduation. We look forward to growing our relationship.’

Snedden added, ‘I am extremely grateful to Mr Selvin Konar and his team at Smiths Manufacturing (Pty) Ltd and the larger Metair Group Ltd for their commitment to UKZN and our Engineering students. They have demonstrated themselves to be dedicated partners in our efforts to improve the wholistic 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.’

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.

Words: Melissa Mungroo

Photograph: Supplied