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$2bn package for tertiary institutions unveiled

by Staff reporter
11 Jul 2017 at 13:41hrs | Views
The government has unveiled a $2 billion bailout plan that is meant to transform the outlook of most tertiary institutions as the country seeks to develop infrastructure at such establishments.

Most tertiary institutions in the country could soon receive a major facelift as government finalises modalities on how to distribute a $2 billion bailout package.

Addressing delegates during the 47th graduation ceremony for the United College of Education (UCE) in Bulawayo, Higher and Tertiary Education, Science and Technology Development Minister Professor Jonathan Moyo says the package has since been approved and his ministry is now looking for a financial adviser to oversee the use of the fund.

In his address, UCE principal Mr Adam Luthuli says most males in the country are now shunning the teaching profession prompting the college to enroll more female students.

Some of the graduates who spoke to ZBC News urged government to unfreeze the teaching posts so that they recover some of the debts they accrued during the course of their learning process.

The government recently imposed a blanket freeze on civil servants posts which is subject to review on various ministries' request and on treasury approval, a situation that has seen graduate nurses and teachers joining the job hunting queue after completing their studies.

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Source - zbc
More on: #Institutions, #STEM, #UCE