Unizulu Mavericks shine at business challenge
Unizulu Rector Prof Rachel Gumbi (centre) with the all-conquering 'Mavericks' - Paul Forjoe Jnr, Camagu Ngudle, Libo Matshazi and Kwanele Zuma (absent Thuthuka Ntuli)*
Lesetja Malope
Five of Unizulu's sharpest student business minds made the institution proud by obtaining third place in the inaugural First National Bank Universities' Business Challenge held in Sandton, Johannesburg.
The five students, Camagu Ngudle (team leader), Paul Forjoe Jnr, Libo Matshazi, Kwanele Zuma and Thuthuka Ntuli, collectively called the 'The Mavericks', were the sole KZN representatives at the national competition. Fifty-five teams from universities countrywide entered.
The competition required each group to simulate directors of a financially struggling company who had to get that company to its feet and making money within a specified period.
The teams were required to put theory into practice when managing these 'companies'.
'The Mavericks' were one of the top eight groups making the highest cumulative 'profit' and therefore made it to the finals where their financial management and marketing skills were put to the test through rigorous business simulation.
During the preliminary phase the Unizulu team were primed by university Commerce lecturers, Mr I Kaseeram and Mr AJ Williams.
At the final, the five Zululanders made their biggest impression on the facilitators and deservedly obtained third place behind two University of Cape Town teams.
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