Mugabe’s $1 billion university plan too late to salvage a lost legacy


0

The working group has until the end of the year to come up with “fundraising strategies required for start-up and (the) first 10 years of operation of the new University”.

The college will “create comfortable, attractive, and stimulating environments that support collaboration and diverse learning styles and opportunities”.

According to Finance Minister Patrick Chinamasa in this budget, poor funding of the education operations and capital budgets, “meant that challenges remain outstanding with regards to improving access and quality of education on account of inadequate infrastructure, shortage of teaching and learning materials”.

The government cannot pay salaries, is begging for an arrears clearance plan on the $1.4 billion it owes to the World Bank and AfDB, has a $1.4 billion deficit, can’t support the 24 000 graduates that leave college each year, and cannot provide basic healthcare.

Yet, somehow, it has found a spare billion dollars to try salvage Mugabe’s legacy, and to bring the First Lady’s grand schemes in Mazowe to life.

This is the sort of economic management that they don’t teach at conventional universities.-The Source

(68 VIEWS)

Don't be shellfish... Please SHAREShare on Google+
Google+
Tweet about this on Twitter
Twitter
Share on Facebook
Facebook
Share on LinkedIn
Linkedin
Email this to someone
email
Print this page
Print

Like it? Share with your friends!

0
The Insider

The Insider is a political and business bulletin about Zimbabwe, edited by Charles Rukuni. Founded in 1990, it was a printed 12-page subscription only newsletter until 2003 when Zimbabwe's hyper-inflation made it impossible to continue printing.

0 Comments

Your email address will not be published. Required fields are marked *