Health Care

$1 billion grant approved for Mugabe University in Zimbabwe

$1 billion grant approved for Mugabe University in Zimbabwe”

Zimbabwe veteran leader Robert Mugabe and his cabinet on Wednesday, approved plans to build a $1 billion high-tech university named after him in Mashonaland Central Province in the Southern African nation.

Jonathan Moyo, Higher and Tertiary Education Minister, said the Robert Gabriel Mugabe University would focus on science and technology and have an institute focusing on research and "transformative and revolutionary leadership".

Still connected to that, it is believed that $1 billion is the total amount of money circulating in the country at the moment and can you imagine all the currency in the country being taken to fund one university.

Economic output has halved since 2000.

Despite this, the cabinet has agreed to spend $800m building the new university in Mazowe, 35km (20 miles) outside the capital Harare.

"The Robert Gabriel Mugabe University will be an institution created to facilitate the discovery of scientific, technological and engineering solutions to improve the quality of life of our country and humanity".

He would not be drawn on where the funds were coming from.

The latter group is also thought to have the backing of president Mugabe who will seek another five-year term in office next year.

The main opposition Movement for Democratic Change (MDC), criticizing the plan, said Mugabe's government should instead improve existing underfunded universities around the country. "It is meant to stroke Mugabe's ego because we know this government is broke".

One of the critics, George Makoni, deputy chairperson of Crisis in Zimbabwe Coalition, said it is "clear that the Mugabes want to boost their wealth by setting up this project".

According to state media, Mr Mugabe has seven earned degrees and 11 honorary degrees.

Zimbabwe recently had the highest literacy rate in Africa, at 90% of the population.

"We are looking forward to working with the Robert Gabriel Mugabe Foundation and the University of Zimbabwe to establish the university".



Like this

Latest


11 August 2017
Shares hit by US-North Korea tensions
In the U.S. , the consumer price index and the Baker Hughes oil rig count are at 1330 BST and 1800 BST, respectively. Gold prices also rose on safe-haven demand while oil portrayed a mixed trend after the release of API inventory data.

11 August 2017
Seoul shares open lower amid escalating tensions over North Korea
US President Donald Trump told reporters at his golf club in Bedminster, New Jersey, on Thursday that he will respond forcefully to any North Korean attack on the US or its allies.

11 August 2017
Latest Fitbit smartwatch leak shows off design and new heart-rate tech
Furthermore, the button configuration seems to be similar to the Fitbit Blaze with two on the right and one on the left. Images of the upcoming Fitbit smartwatch recently leaked, showing off the gadget in all its glory.

11 August 2017
Shares Trading down at $141.77 (IBM) HSBC and IBM develop cognitive…
International Business Machines Corporation (NYSE:IBM) last announced its earnings results on Tuesday, July 18th. (NYSE:IBM). Teachers Retirement Of The State Of Kentucky reported 0.23% of its portfolio in International Business Machines Corp.

11 August 2017
2016 was Earth's warmest year on record, global report shows
This document has not been made public, nor approved by the administration Trump. The temperature was also more than 1˚C over the pre-industrial average.

11 August 2017
Madras HC stays look out notice issued against Karti Chidambaram
He also said it was issued without jurisdiction to prevent him from travelling overseas . The Madras High Court directed the CBI to serve a copy of the circular with Karti.

11 August 2017
PSG Agree Mammoth €180 Million Deal With Monaco For Kylian Mbappe
The players was convinced after a meeting with PSG boss Unai Emery that he would get good game time this season and will be in his plans.

11 August 2017
Shahid Kapoor takes daughter Misha for first family vacation. See photos
Shahid is totally in love with his daughter and he keeps posting picture and videos of the cute little kid. Shahid looked dapper in a white pullover and a pair of grey denims, Mira appeared in a black outfit.

11 August 2017
Weatherford International PLC (NYSE:WFT) Rating Increased to Sell at BidaskClub
The forecast of 5 surveyed investment analysts covering the stock advises investors to Buy stake in the company. The Missouri-based Parkside National Bank & Trust Tru has invested 0% in Bank of Hawaii Corporation (NYSE:BOH).

11 August 2017
Venkaiah Naidu to take oath as Vice President of India today
His extensive experience in the Rajya Sabha makes him a suitable pick for the ex-officio chairman of the Rajya Sabha. Naidu was administered the oath of office by President Ram Nath Kovind at a simple ceremony at Rashtrapati Bhawan.



Recommended