Graduates urged to create jobs

May 17, 2010

Students have been urged to train in value creating skills to bring economic and social benefits in the country. “You have to choose a path where you are producers and not consumers of capital. Your contribution to the value-chain of economic growth should be admired,” businessman Charles Mbire

By Ayiga Ondoga

Students have been urged to train in value creating skills to bring economic and social benefits in the country. “You have to choose a path where you are producers and not consumers of capital. Your contribution to the value-chain of economic growth should be admired,” businessman Charles Mbire said.

He was speaking at the 5th graduation ceremony of Makerere University Business School (MUBS) at their Nakawa campus last week. Mbire said the education and training the students acquired was meant to add value to the wealth of the country.

“Business is not about making money, but creating wealth for you, the nation and the world. Remember, money talks, but wealth whispers,” Mbire said.

“You should, therefore, be job-creators and not job-seekers after leaving this campus.” Mbire advised the students to create business brands for themselves and make the right decisions in business because the world had become a global village.

“There is free flow of information for you to promote and improve your businesses.” He added that business endeavours were based on trust, which is used as collateral to boost businesses.

“The amount of money in the economy is constant because it continues to move from one sector to another. So, the trick in business is to learn when to come in and when to leave,” Mbire advised.

He urged the graduands to look to the East African common market and technological innovations because the political borders would be replaced by a “corporate border to promote development in the region”.

“You are a new breed of entrepreneurs who should respect corporate governance and set benchmarks for the society. Your generation should be one of value-creation and not of wealth accumulation through corruption, theft and money laundering,” he said.

Wasswa Balunywa, the MUBS principal, said the institution was continuing to respond to the market needs by starting new programmes that meet the needs of the economy.

“We started with the bachelor of commerce degree and have since added 20 others that reflect the economy’s needs including one on real estate management. They are all approved by the senate and the National Council of Higher Education,” Balunywa said.

Present at the occasion were Mondo Kagonyera, the chancellor of Makerere University and Venansius Baryamureeba, the vice chancellor of Makerere University.

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