Degrees condemned to worthless documents… as battered firms turn away 24 000 graduates annuallly

📅 Published: August 16, 2025

📰 Source: theindependent

Curated by AllZimNews.com

This economic stagnation has deepened Zimbabwe’s protracted crisis, forcing companies to downsize instead of hiring.

As a result, many graduates are joining the over five million Zimbabweans already engaged in precarious informal trade and artisanal mining, often labelled as “entrepreneurship” by officials. “According to statistics from Zimbabwe’s Ministry of Higher and Tertiary Education, approximately 30 000 students graduate annually from the country’s institutions of higher learning, and less than 20% of these are immediately absorbed into the formal sector,” the ZNCC said in its 56-page survey, which polled almost 1 800 executives.

It was released in December.

The number of tertiary education graduates struggling to secure formal jobs could be much higher, according to analysts. 🔗

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