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UKZN: Accounting Student Empowered by Opportunity and Driven by Purpose

Writer's picture: Business Sense Business Sense

Ms Sihlobile Mkhwanazi, a second-year UKZN BCom Accounting student, received a

bursary from Computershare (Pty) Ltd, awarded via the BEE Chamber. The bursary

has allowed her to pursue her dream of becoming a chartered accountant without

the burden of financial strain.

For Mkhwanazi, a bursary represents far more than financial relief – it is a gateway

to a better future. ‘For students like me, a bursary is a lifeline,’ she said. Growing up

in a single-parent household, financial challenges were a constant part of her life.

‘The opportunity to continue my studies without worrying about tuition fees has been

transformative. It has allowed me to focus on my education and my future.’

Raised in Hillview, Empangeni, by a mother who placed education above all else,

upbringing instilled in Mkhwanazi a passion for learning and a desire to give back.

‘My mom made sure that we attended good schools, including Empangeni High

School, where I was exposed to extracurricular activities that most children in our

situation wouldn’t have had access to,’ she said.

These early opportunities ignited Mkhwanazi’s interest in accounting. Her decision to

pursue it is her way to break the cycle of financial hardship her family faced and to

build a stable, successful future, not only for herself, but also for her loved ones.

While her high school ambitions revolved around achieving stability through

accounting, her time at university broadened her horizons. ‘Studying accounting

showed me that it’s not just about numbers; it’s about understanding economics and

the larger financial systems that shape our world,’ she said. This deeper

understanding has fuelled her desire to make a meaningful impact in both the

corporate world and her community.

Like many students, Mkhwanazi has faced her fair share of challenges. Balancing

academics and financial pressures was a constant struggle, even with the bursary.

‘There’s always the worry about making ends meet, and the academic workload gets

heavier as you progress,’ she said.

Despite the difficulties, Mkhwanazi learned to manage her time, seek support when

needed and develop resilience. ‘Failure is something I struggle with, but I’ve come to

understand that it’s part of the process. Each setback is a lesson.’

Mkhwanazi’s leadership extends far beyond her studies. She coaches a netball

team, a project she started earlier this year, and also runs a small business selling

hair bows. ‘Coaching has been incredibly rewarding. It’s not just about the sport; it’s

about building confidence in these girls and helping them stay focused on positive

activities,’ she said. Her entrepreneurial venture has taught her valuable lessons in

leadership and business, further enriching her skill set.


Mkhwanazi envisions a future where she not only thrives as a chartered accountant

but also gives back to her community. ‘I plan to establish a girls’ empowerment

organisation to mentor young girls and help them stay on the right path,’ she said.

Her vision is to create opportunities for others, just as the bursary provided an

opportunity for her.

She advised others to: ‘Believe in yourself, even when it feels like the odds are

against you. Don’t limit your dreams, and know that hard work will pay off. Every

challenge, every sleepless night – it all serves a purpose. And remember, failure isn’t

the end; it’s just a step in the journey.’


Sihlobile Mkhwanazi
Sihlobile Mkhwanazi

Press Releases

Melissa Mungroo <Mungroo@ukzn.ac.za

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