{"id":16645,"date":"2022-02-22T20:29:43","date_gmt":"2022-02-22T20:29:43","guid":{"rendered":"https:\/\/www.africa-press.net\/malawi\/all-news\/mbs-pools-in-k12m-into-science-and-technology-fund"},"modified":"2022-02-22T20:57:21","modified_gmt":"2022-02-22T20:57:21","slug":"mbs-pools-in-k12m-into-science-and-technology-fund","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/malawi\/all-news\/mbs-pools-in-k12m-into-science-and-technology-fund","title":{"rendered":"MBS pools in K12m into Science and Technology Fund"},"content":{"rendered":"

Africa-Press – Malawi. <\/strong><\/span>The Malawi Bureau of Standards (MBS) has given the National Commission for Science and Technology (NCST) K12million to support the launch and operationalization of the Science and Technology Fund.<\/p>\n

MBS Board Chairperson Agnes Mwangwela said during a cheque presentation on Tuesday in Lilongwe that the initiative by NCST to establish a fund will go a long way in supporting the industrialization of the country through research, science technology and innovation.<\/p>\n

\u201cThe fund is one way of ensuring that there is proper support to research and development, innovation and technology promotion and utilization of activities,\u201d she said Mwangwela said science and technology is key to any economy.<\/p>\n

In his acceptance remarks, NCST Chairperson for Finance and Audit, Richard Mdyetseni, commended the bureau for the financial assistance to advance science, technology, research and Innovation in the country.<\/p>\n

\u201cMalawi is blessed with rich minds that have the ability to design scientific and technological solutions for our myriad socio-economic problems,\u201d he said.<\/p>\n

Mdyetseni bemoaned lack of sustainable financing mechanisms to support research and development in scientific innovations and technologies as one of the main challenges facing development of the science and technology sector in Malawi.<\/p>\n

In the absence of the Science and Technology Fund, it has been extremely difficult for scientists and researchers to obtain the necessary financial resources to undertake research and development as well as generate technology that can support the development of the country, he said.<\/p>\n

However, Mdyetseni said the fund has been established in accordance with section 24 of the Science and Technology Act of 2003. Government has, for the first time, allocated K291 million to the fund with MBS as the first statutory body to support the fund.<\/p>\n

For More News And Analysis About Malawi<\/a> Follow Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Africa-Press – Malawi. The Malawi Bureau of Standards (MBS) has given the National Commission for Science and Technology (NCST) K12million to support the launch and operationalization of the Science and Technology Fund. MBS Board Chairperson Agnes Mwangwela said during a cheque presentation on Tuesday in Lilongwe that the initiative by NCST to establish a fund […]<\/p>\n","protected":false},"author":84,"featured_media":16644,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,7,8,12],"tags":[233,371,234],"class_list":["post-16645","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-head-lines","category-homepage-english","category-policy","tag-africa-press","tag-africa-press-malawi","tag-malawi"],"yoast_head":"\nMBS pools in K12m into Science and Technology Fund - Malawi<\/title>\n<meta name=\"description\" content=\"The Malawi Bureau of Standards (MBS) has given the National Commission for Science and Technology (NCST) K12million to s ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/malawi\/all-news\/mbs-pools-in-k12m-into-science-and-technology-fund\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"MBS pools in K12m into Science and Technology Fund\" \/>\n<meta property=\"og:description\" content=\"The Malawi Bureau of Standards (MBS) has given the National Commission for Science and Technology (NCST) K12million to s ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/malawi\/all-news\/mbs-pools-in-k12m-into-science-and-technology-fund\" \/>\n<meta property=\"og:site_name\" content=\"Malawi\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/AfricaPressTunisiaa\" \/>\n<meta property=\"article:published_time\" content=\"2022-02-22T20:29:43+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-02-22T20:57:21+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/malawi\/sites\/36\/2022\/02\/img-62154e16033ac.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"810\" \/>\n\t<meta property=\"og:image:height\" content=\"912\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/malawi\/all-news\/mbs-pools-in-k12m-into-science-and-technology-fund#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/malawi\/all-news\/mbs-pools-in-k12m-into-science-and-technology-fund\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/malawi\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"MBS pools in K12m into Science and Technology Fund\",\"datePublished\":\"2022-02-22T20:29:43+00:00\",\"dateModified\":\"2022-02-22T20:57:21+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/malawi\/all-news\/mbs-pools-in-k12m-into-science-and-technology-fund\"},\"wordCount\":300,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/malawi\/all-news\/mbs-pools-in-k12m-into-science-and-technology-fund#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/malawi\/sites\/36\/2022\/02\/img-62154e16033ac.jpg\",\"keywords\":[\"Africa Press\",\"Africa Press-Malawi\",\"Malawi\"],\"articleSection\":[\"all news\",\"head lines\",\"homepage-english\",\"policy\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/malawi\/all-news\/mbs-pools-in-k12m-into-science-and-technology-fund#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/malawi\/all-news\/mbs-pools-in-k12m-into-science-and-technology-fund\",\"url\":\"https:\/\/www.africa-press.net\/malawi\/all-news\/mbs-pools-in-k12m-into-science-and-technology-fund\",\"name\":\"MBS pools in K12m into Science and Technology Fund - 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