TVET Policy to Boost Entrepreneurship and Wealth Creation

by | Mar 30, 2023 | Business, Local News | 0 comments

TVET Policy to Boost Entrepreneurship and Wealth Creation

Staff Reporter

HARARE – Government has approved the Zimbabwe National Technical and Vocational Education and Training (TVET) Policy – a framework that seeks to complement and standardize learning coordination across line ministries.

This is meant to ensure the education system produces wealth creation and entrepreneurship opportunities.

Speaking to journalists during a post-cabinet brief, Information, Publicity and Broadcasting Services Minister Monica Mutsvangwa said the policy is part of President Mnangagwa’s plan to transform the education system from the traditional Education 3.0 model to 5.0.

She said presently, the coordination of TVET was fragmented throughout 10 ministries.

“As the nation may recall, the Second Republic is on a trajectory to transform the education system from the traditional Education 3.0 model which prioritised teaching, research and community service to one that puts emphasis on teaching, research, community service, innovation and industrialisation and is termed Heritage-Based Education 5.0,” said Minister Mutsvangwa.

“This model is grounded on the production of goods and services, thereby creating entrepreneurs for the industrialisation and modernisation of Zimbabwe.

“The policy seeks to align education and skills training in order to promote wealth creation and entrepreneurship opportunities.

“The thrust of the Second Republic is that all learning in tertiary institutions shall be for the purpose of advancing national development.”

Minister Mutsvangwa said the TVET Policy was anchored on reconfiguring and strengthening programme infrastructure, strengthening human capital infrastructure, developing and maintaining physical and digital infrastructure, strengthening the legal infrastructure, and facilitating the deployment of innovative financing infrastructure.

Other benefits include economies of scale and scope in the production of TVET graduates and enhanced industrial productivity and competitiveness of the graduates, in line with Vision 2030.

“The nation is further being informed that the Technical Vocational Education Training Policy will apply to all Government-owned or private institutions which offer technical and vocational education.

“The operations of these institutions are regulated by the Manpower Planning and Development Act.

“Government appreciates the role being played by the private sector towards the provision of technical and vocational education through financial contributions to the Zimbabwe Manpower Development Fund (ZIMDEF).

“Government will come up with an inclusive and sustainable financing model on grants and loans to TVET institutions by Government itself, banks, pension funds and the Zimbabwe Manpower Development Fund,” said Minister Mutsvangwa.