DURBAN – KwaZulu-Natal’s Moses Kotane Institute (MKI) will be placing strong emphasis on skills development and research on economic development.
Its intention is to create a knowledge repository hub for the province which would in theory act to support the initiatives of participants in the small, medium and micro-sized enterprise sector.
MKI board chairperson Dr Sakhile Ngcobo said the institute would co-ordinate and link small businesses and start-ups to relevant institutions responsible for funding, skills development funding and empowerment.
“MKI will conduct research to identify trends and stimuli that hinder economic development,” said Ngcobo.
MKI said it sought to be an internationally recognised quality research institution, driving economic development and innovation in KZN through science, technology, engineering and mathematics initiatives. It had appointed Siza Sibanda as the entity's new chief executive.