WATCH: Treasury releases 50 percent of annual funding for Zimbabwe School of Mines

Nqobile Bhebhe, [email protected]

THE Government has reaffirmed its commitment to strengthening technical and vocational education after Treasury released funds targeted and ring-fenced for the Zimbabwe School of Mines, with the allocation amounting to 50 percent of the institution’s annual funding requirement.

Speaking during a visit to the institution, Mines and Mining Development Permanent Secretary Dr Thomas Utete Wushe welcomed the development, saying it addressed concerns that had been raised regarding funding challenges and delays in the disbursement of resources.

“What happened is really good because the problem, one of the problems that was highlighted by Chairman and staff was that we have shortages of funding and slow releases.

“It just so happened that yesterday the ministry received its release from Treasury and within that release there is money targeted and ring-fenced for this school, and I’m happy to say it is actually 50% of the annual funding of this school.”

Mines and Mining Development Permanent Secretary Dr Thomas Utete Wushe
Mines and Mining Development Permanent Secretary Dr Thomas Utete Wushe

Dr Wushe said the release demonstrated that Government was on course in meeting its funding obligations to the institution, which plays a critical role in producing skilled manpower for the mining sector.

“So we are on target about the releases for the school, so it’s really encouraging.”

The Permanent Secretary expressed gratitude to Treasury for prioritising the institution through the latest funding allocation.

“And also I want as I said, thank Treasury for releasing the funds.”

Mines and Mining Development Permanent Secretary Dr Thomas Utete Wushe
Mines and Mining Development Permanent Secretary Dr Thomas Utete Wushe

The funding is expected to support the school’s operations and development programmes as it continues to train professionals required to drive growth and innovation in Zimbabwe’s mining sector.

Related Posts

LP gas cylinder dispute leads to stabbing on the head

Dalyn Chigwizura [email protected] A 43-year-old Bulawayo man appeared in court for allegedly stabbing a complainant once on the head with a kitchen knife following a misunderstanding over the refilling of…

All set for YMF @ 16: Great Stone Summit

Judith Phiri in Masvingo ALL is set for the Young Miners Foundation (YMF) @ 16: Great Stone Summit scheduled for Saturday at the Chakas Lodges and Resort in Nyika Growth…

Leave a Reply

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

×
×