An investment from the Wholesale and Retail Seta (W&R) has resulted in the establishment of the Wholesale and Retail Leadership Chair at CPUT.
The chair, which is based in the Faculty of Business is the only of its kind in South Africa and is set to drive research and contribute to the development of professionalism in the wholesale and retail sector.
Recently Chairman of the W&R SETA Board Dr Thami Mazwai met with a CPUT delegation to discuss the work that will be done by the chair.
Mazwai says the chair is crucial and must contribute to the development of the sector, which plays a key role in the South African economy as a major employer.
Currently this sector is the fourth largest contributor to the Gross Domestic Product and employs approximately 22% of the total workforce of the country.
“The W&R SETA is committed to this chair and is excited for the partnership with CPUT,” says Mazwai.
Chair holder, Prof Jacobus Steyn, commended W&R SETA for driving the establishment of the chair and for partnering with CPUT.
“The initiative taken by the W&R Seta to establish a research chair should be applauded. The research programme will benefit industry and assist the W&R Seta in its endeavors to address critical skills shortages,” says Steyn.
Deputy Vice-Chancellor Research, Technology Innovation and Partnerships, Dr Chris Nhlapo, says the chair will also help CPUT bridge the chasm between academia and the small business sector.
Nhlapo says CPUT focuses on applied research which can contribute to the development and growth of the country’s small business sector.
Written by Candes Keating
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