{"id":49149,"date":"2022-07-14T11:09:34","date_gmt":"2022-07-14T09:09:34","guid":{"rendered":"https:\/\/novanews.co.za\/mthathaexpress\/wsu-signs-memorandum-of-understanding-with-investor-pps-20220712\/"},"modified":"2025-03-20T22:50:21","modified_gmt":"2025-03-20T20:50:21","slug":"wsu-signs-memorandum-of-understanding-with-investor-pps-20220712","status":"publish","type":"post","link":"https:\/\/novanews.co.za\/mthathaexpress\/wsu-signs-memorandum-of-understanding-with-investor-pps-20220712\/","title":{"rendered":"WSU signs memorandum of understanding with investor, PPS"},"content":{"rendered":"\n<p>Walter Sisulu University (WSU) and the Professional Provident Society (PPS) have signed a memorandum of understanding, which will see the two institutions collaborate in a multitude of developmental initiatives.<\/p>\n\n\n\n<p>WSU vice-chancellor, Professor Rushiella Songca, representatives from PPS, and other university delegates, sealed the deal at an MoU and bursary handover meeting held at the Mthatha Campus in June.<\/p>\n\n\n\n<p>PPS is a mutual financial services company that caters exclusively for graduate professionals, providing tailor-made insurance, investment, and healthcare solutions to its members.<\/p>\n\n\n\n<p>For the past two decades, PPS has provided millions of rands\u2019 worth of bursaries to WSU medicine students, a collaboration whose success has culminated in PPS wanting to strengthen their relationship with the university.<\/p>\n\n\n\n<p>\u201cThis MoU means that PPS\u2019s investment in the university has been worthwhile. Because when you look at when they started giving bursaries to our students, the number of students per year, as well as the total amount for each of those years, you can see that it has really been a substantial and fruitful investment,\u201d said Mzolisi Payi, director for the community engagement and internationalisation directorate.<\/p>\n\n\n\n<p>As WSU caters for many of the disenfranchised communities of the Eastern Cape, Songca commended PPS for their continued support.<\/p>\n\n\n\n<p>\u201cAs WSU within our context and our newly restricted resources we really appreciate initiatives of this nature.<\/p>\n\n\n\n<p>\u201cI read that in the 2021 academic year, 21 students were assisted via this programme and that is a high number.<\/p>\n\n\n\n<p>\u201cMost students come from very difficult socio-economic backgrounds. Some of them are first generation graduates and therefore their parents look up to them as a way of getting out of their financial hardships.<\/p>\n\n\n\n<p>\u201cAdd that to the fact that they do not have the funding to go through this programme or programmes that PPS is funding, it really is therefore important to us,\u201d said Songca.<\/p>\n\n\n\n<p>As a funder, PPS gives a holistic support to its beneficiaries through multiple flagship programmes including bursaries, the university support programme, work readiness programme, and a professionals-connection programme.<\/p>\n\n\n\n<p>\u201cAs much as we know that tuition is a big factor, we also give out laptops, meal cards, and accommodation, as well as mental health resources to our staff and bursary holders. We are very aware that you don\u2019t just pay tuition; there is a whole lot that comes with being a university student,\u201d said Masenyane Molefe, executive trustee of the PPS Foundation.<\/p>\n\n\n\n<h6 class=\"wp-block-heading\" id=\"h-issued-by-walter-sisulu-university\"><strong>\u2013 ISSUED BY WALTER SISULU UNIVERSITY<\/strong><\/h6>\n","protected":false},"excerpt":{"rendered":"<p>Walter Sisulu University (WSU) and the Professional Provident Society (PPS) have signed a memorandum of understanding, which will see the two institutions collaborate in a multitude of developmental 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