Leading financial services provider, Old Mutual Malawi Limited, on Friday welcomed the first cohort of 100 undergraduate students to two state-of-the-art hostels the company has built at the Lilongwe campus of Kamuzu University of Health Sciences ( KUHES).
Inaugurated last December after 17 months of work, the residences, which include 154 beds, aim to remedy the shortage of student housing on campus.
Old Mutual built the hostels at a cost of MK2.6 billion through a Public-Private Partnership (PPP) agreement, which the Public-Private Partnership Commission (PPPC) signed on behalf of the Government of Malawi.
Many exciting activities marked the welcome of undergraduate students.
Speaking at the event, one of the managing directors of Old Mutual Malawi Limited, Mark Mikwamba, said student accommodation facilities are important in promoting education.
“The problem of student housing shortage is huge in Malawi. We will continue to explore possibilities to build more student residences at universities,” said Mikwamba, who heads subsidiary Old Mutual Investment Group (OMIG), responsible for investing all funds. won by Old Mutual Malawi Limited.
In his address, KUHES Director of Student Affairs, Benjamin Kumwenda, said more student residences are needed as the university, so far, can only accommodate half of its student population across its three campuses. Lilongwe, Kameza and Blantyre.
“It affects the delivery of education. Most students stay away from campuses, which compromises access to libraries and computer labs on their part. It also affects the good academic experience of students,” Kumwenda said.