Human capital key to economic transformation: ED

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President Mnangagwa says government has set aside $310 million to be disbursed to provinces to aid the devolution process.
President Emmerson Mnangagwa

Bulawayo – President Emerson Mnangagwa has emphasised on the importance of human capital from higher learning institutions as a key for industrial and socio- economic transformation through science and technology based solutions.

He made the remarks on Friday at the National University of Science and Technology (NUST)’s 24th graduation ceremony.

The graduates were drawn from the Faculties of Applied Sciences, the Built Environment, Commerce, Communication, Information Science and Industrial Technology and Medicine.

“NUST is established as the epicenter of science and technology cadetship in our country. The centrality and benefits that flow from the technological revolution, in an increasingly connected and knowledge intensive world, must be seized by institutions such as this
one.

“We must, as a society be flexible to take advantage of our abundant natural resources and leverage on science and technology to make the requisite strides towards eliminating poverty and inequality

“In the same vein, science and technology are key drivers to development and underpin economic advantages in modern societies. As such, the imperative for NUST to rise in the occasion of its mandate and statutory obligation is even greater now, as we seek to industrialise and mordenise all sectors of the economy,” said Mnangagwa.

Mnangagwa further added that aligned by the present national, regional, continental and global realities, the University must continuously churn out graduates with skills and knowledge which can positively transform the economic, scientific and technological
landscape of our great country.

“These fields have the potential to impact on our ever growing extractive industry, agriculture, health and pharmaceutical industry, ICT and energy sectors among others. The on-going technological and scientific evolution is creating completely new sectors of study.

In this regard the litmus test for the quality and effectiveness of any University’s is the number of innovative and transformative solutions they provide to society. Universities should be primarily concerned with value addition their graduates make towards the developmental trajectory of our country,” he said.