Banners
Banners
Banners
Banners
Banners
Last Updated
Friday 11 June 2021, 13:14 pm.
Banners
Govt to spend P5.1bn on tertiary education in 2016

Demand for tertiary education is set to escalate by 2016 based on the increase in the number of graduates of the Botswana General Certificate of Secondary Education (BGSCE) and equivalent school leaving examinations.
By BABOKI KAYAWE
Staff Writer
(GMT +2)
Mmegi Online :: Govt to spend P5.1bn on tertiary education in 2016








The Tertiary Education Council (TEC) projects that candidates will increase from 42,309 in 2012 to 53,819 in 2016.New tertiary entrants will increase from 12,693 in 2012 to 16,146 in 2016. This was revealed at the ongoing TEC Conference, which began yesterday in Gaborone themed Financing Tertiary Education in a Resource-Limited Environment.

The conference, which has convened educators from Botswana, China, Ethiopia, Kenya, Ghana, Lesotho, South Africa and Uganda, ends tomorrow. As a result, government would need about P5.1 billion per annum to finance both the students and the public tertiary education institutions then, translating to an average of 4.1 percent of the GDP.

Currently, government spends around P2 billion in higher education. In a previous interview with Mmegi, director of the Department of Tertiary Education Financing (DTEF), Marcos Maedza said over P2.3 billion was spent on tertiary sponsorships during the period 2010-2011.

Giving a keynote address at the event, Acting Deputy Vice Chancellor, Academic Affairs at the University of Botswana (UB) Prof Chirayath Sathyamoorthi said this unfortunately comes at a time when government revenues are fast declining.  "The question that immediately follows is whether the government as the current sole sponsor can afford to pay for the increased numbers?" he said.

Sathyamoorthi said government could not afford to continue shouldering this level of financing alone. He said individuals and families who are able to fund tertiary education for themselves or their children should be encouraged to do so. The UB academic said government would have to target public resources to provide the maximum possible assistance to those in greatest need. 

He added

Banners

that other stakeholders who also benefit from tertiary education should be called upon to contribute towards its financing.  "It is my belief that the tertiary education sub-sector should use this opportunity to also engage with representatives of the business community on issues of cost-sharing of tertiary education and training," Sathyamoorthi said.  

He urged that individuals who benefit from public expenditures should, to the extent possible, repay at least a proportion of the costs. TEC executive secretary Dr Patrick Molutsi said in a country like Botswana where government sponsorship is a tradition, changing the mindset of the private sector and parents towards contributing to financing education is a mammoth task.

The World Bank's Higher Education coordinator Francisco Marmolejo said there is an evident connection between education, economic development and social development. He added that knowledge is a key factor in explaining the difference between poverty and wealth. "Average rate of return to year of schooling is 10.4 percent, and returns are highest at tertiary level," he said.

Currently, only three percent of Africans are in tertiary institutions, while a meager 0.9 percent is pursuing science and engineering and 50 percent are out of school children. "Higher education is still a privilege for a few," said Marmolejo. The sector, he said, is a growth opportunity as demand for skills is higher than before. He identified the following as fast growing economies and sectors; extractives, energy and services, economic diversification - entrepreneurship, agricultural transformation, sophisticated skills and training driven economies - and a need for teachers and health workers, among others.

Subscribe to our Newsletter
Banners Banners Banners


Banners ?>
Subscribe to our Newsletter
have a story? Send us a Tip
Banners
  • Previous
    Next
    Masa Centre
    ::: Saturday 12 Jun - Saturday 12 Jun :::
  • Previous
    X-Men: Dark Phoenix
    Next
    Riverwalk
    ::: Monday 17 Jun - Saturday 17 Jun :::
    X-Men: Dark Phoenix
  • Previous
    Aubrey Plaza, Mark Hamill, Brian Tyree Henry
    Next
    Gamecity
    ::: - :::
    Aubrey Plaza, Mark Hamill, Brian Tyree Henry
Selefu
Out!
Banners
tuzla evden eve nakliyat izmir evden eve nakliyat
Banners