Business
Government Releases 107 Million Kwacha to Support Education Institutions
Government has disbursed 107 million Kwacha to public universities and...
By Nyambe Nalishebo Government has disbursed 107 million Kwacha to public universities and statutory bodies under the Ministry of Education to support operations. Ministry of Education Assistant Director and Head of Communications KUNDA MANDO told ZNBC News that the funds were released to ensure that the institutions run their affairs effectively. Ms. MANDO said beneficiary institutions include the Zambia Qualifications Authority, Higher Education, Loans and Scholarship Board, and the Higher Education Authority. She said the disbursement is done on a monthly basis to enable the institutions to operate smoothly and deliver services to learners. Ms. MANDO added that government has also released funds to schools, including paying support staff such as gardeners and cleaners, as well as meeting other operational requirements.
Source: Zambia24 — Read more
More to read
All Business →Kwacha depreciation pushes dollar to K19
According to the StockBrokers Zambia Weekly Equity
Government Invests 3.6 Million Kwacha in Industrial Yard Equipment
Government has allocated 3.6 million Kwacha for new equipment to...
State Challenges Musukwas Bid to Retain Assets Worth 100 Million Kwacha
The state has opposed former Minister RICHARD MUSUKWA’s bid to prevent the seizure of his...