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Zimbabwe to issue infrastructure bond

Zimbabwean Minister of Higher and Tertiary Education, Science and Technology Development, Professor Jonathan Moyo, has said that the government will issue an infrastructure bond for state universities to build lecture rooms and solve accommodation shortage.

Moyo spoke during his visit of the Gwanda State University. The minister is currently on tour to assess infrastructural progress at state universities and to hear about the challenges they face.

“We don’t underestimate the challenges that our universities are facing,” he said. “There are serious issues that need to be attended to. I’m happy to say that we’ve anticipated the universities requirements. Work is now quite advanced to prepare for that and the bond will support not only student accommodation but also staff accommodation. The upcoming universities will definitely benefit from the bond and we’re confident that the accommodation issue, which has been quite problematic for other universities and colleges will be addressed.”

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