MUBAS Trains women in Financial Literacy

News   Lucy Isaac   October 28, 2025
PIC: Dr. Ella Kangaude - MDC Manager
As part of its efforts to promote entrepreneurship and community empowerment, the Malawi University of Business and Applied Sciences (MUBAS), through the Management and Development Centre (MDC) under the School of Business and Economic Sciences, conducted a financial literacy training on October 23, 2025, at the MUBAS Main Campus in Blantyre.

The training was designed to help women in business make informed financial decisions and manage their businesses successfully.

Speaking during the training, MDC Manager, Dr. Ella Kangaude said the training was part of MUBAS’s corporate social responsibility aimed at empowering communities through knowledge sharing.

The Executive Dean for the School of Business and Economic Sciences, Dr. Rabiya Hanif, encouraged participants to apply the knowledge they have acquired in  to improve their operations and avoid common financial management mistakes.

“When running a business, there are many financial decisions to make, and each requires proper analysis. It is important to manage your business finances wisely for long-term success,” she advised.

One of the participants, Fallesi Msamala, described the training as an eye-opener.

“Before this training, we were running our businesses without proper financial knowledge,” Msamala said. 

“Now we understand how to manage our finances, keep records, and make better decisions,” she added.

The training was attended by 43 women entrepreneurs from Nanjiriri Group in Area 6, Machinjiri who are engaged in various small- and medium-scale businesses such as catering, kaunjika sales, peanut butter processing, and restaurant management. 

 


Also in the news

Chimole receives worldwide recognition
May 3, 2019, Hazviperi Mbizi
Chimole receives worldwide recognition
A fourth year Bachelor of Science in Information Technology, Yusuf Chimole has received eight awards worldwide for developing a coding system called the Lync Energy.