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

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

(113 VIEWS)