MALAWI: Catholic University Students Challenged on Saving
By Luke Bisani
Students from the Catholic University of Malawi have been challenged to cultivate a savings culture by investing with financial institutions in order to secure their future.
Speaking during a public lecture on Smart Money Talks this week, facilitated by the Malawi Stock Exchange (MSE), guest speaker Mr. Kondwani Makwakwa emphasized the importance of making strategic financial decisions at an early stage in life.
“This is the right time to start planning for your future by making informed decisions about money and understanding its value. It is possible, even as a university student, to own part of a company through investing in shares,” said Mr. Makwakwa.
He further cautioned students to remain vigilant against online scams, noting that many people continue to lose significant amounts of money to fraudsters.
The public lecture was held as part of the commemoration of Global Money Week, a global awareness campaign aimed at ensuring that young people are financially literate from an early age. The initiative promotes the acquisition of knowledge, skills, attitudes, and behaviours necessary for making sound financial decisions and achieving long-term financial well-being and resilience.
The campaign focuses on empowering young people to manage money wisely, make informed financial decisions, develop saving habits, and understand entrepreneurship and investment.
