Thanks to the Wholesale and Retail SETA (W&RSETA) hundreds of CPUT students have received much needed financial support this year.
The W&RSETA has provided bursaries to the tune of R12 million, which will help cover the tuition cost of 250 Retail Business Management students.
Head of the department, Petrus Venter says the bursaries are welcomed as retail managers are listed as the number one critical scarce skill in the retail industry.
Venter says the bursaries for CPUT students is part of a broader development initiative, which has seen the W&RSETA offer bursaries to all students at South African universities who are enrolled in retail business management programmes.
In addition to the W&RSETA‘s funding support, 40 retailers have also provided student bursaries, says Venter.
CPUT has the largest centre for retail training in Africa. The Department of Retail Business Management has more than 800 students from National diploma level up to Doctoral degree level.
The University is also home to Africa’s only Wholesale and Retail (W&R) Leadership Chair.
The chair, which is based in the Faculty of Business and Management Sciences, was established as a result of the W&R SETA's initiative to co-operate with universities to encourage the production of academic and applied research in this sector of business.
The chair is fully-funded by SETA to the tune of over R11-million.
*Image courtesy of stockimages at FreeDigitalPhotos.net
Written by Kwanele Butana
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