NAMACO to hand over PPP doc

The National Manpower Advisory Council has completed the document on Private Public Partnerships and will give it to the Minister of Higher and Tertiary Education, Dr Stan Mudenge, for approval.

Tendai Bare, the Chairperson, made the announcement at a one-day meeting for stakeholders held in Harare that was attended by more than 200 people.

"After the minister approves it, we can then say it is completed," Bare said.

She said partnerships were essential because institutions of higher learning were facing a torrid time raising funds for their projects. A senior businessman said institutions of higher learning should stop going with cap in hand to the Treasury and rather form PPPs to raise their own cash.

In 2009, due to the cash crisis facing the Government of National Unity, a PPPs Committee was set up under the Chairmanship of NAMACO. The purpose of the committee was to leverage resources from the private sector for human capital development.

As a follow up, in July, 2009, NAMACO then hosted the inaugural meeting on PPPs and then in March, 2010, the Prime Minister, Morgan Tsvangirai, officially launched PPPs in higher and tertiary education.

Post published in: News

Leave a Reply

Your email address will not be published.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