Title: | Financing University Education through Public-Private Partnership at Midlands State University in Zimbabwe |
Authors: | Jephias, Matunhu |
Keywords: | Zimbabwe, Midlands State University, public-private partnership, supporting education |
Issue Date: | Aug-2012 |
Publisher: | ST. MARY'S UNIVERSITY |
Abstract: | Zimbabwe suffered an economic meltdown between 2000 and 2009. Inflation
rose to a record four-digit figure and unemployment rate was above 80%.
The decade of severe political and economic challenges had a negative
impact on the development all the sectors of the economy. Universities in the
country were not spare the ordeal; there was an exodus of qualified
personnel out of the university system to greener pastures outside of
Zimbabwe. Expansion projects and programmes were stalled and the quality
of education offered to students was greatly affected (Chimhowu,
Manjengwa and Feresu 2012). In 2009, there was SADC-supervised political
agreement in the country. From 2009 to 2011, government of Zimbabwe still
could not finance University education. However, during this period, some of
the universities started developing despite government’s failure to finance
infrastructural development projects at universities. This study investigated
how a state university achieved massive expansion from in 2010. The study
was carried out in 2012. Data were collected from the university’s Fund
Raising Documents. The key findings were that trough public–private
partnership (PPP), the university was able to construct and furnish a
multimillion dollar state-of-the art administration block, construct and
furnish five classroom blocks and a clinic at their Post Graduate Campus. A
two-storey library and hostel are under construction at the main campus.
The university has raised enough financial and material support from the
PPPs to construct another two-storey building at their Post Graduate
Campus. This paper concludes that PPPs are an effective way of financing
university education. |
URI: | http://hdl.handle.net/123456789/2212 |
Appears in Collections: | Proceedings of the 10th International Conference on Private Higher Education in Africa
|
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