ZIMBABWE'S second largest mobile network provider NetOne, yesterday signed a memorandum of understanding (MoU) with the Harare Institute of Technology (HIT) to sponsor the institution in rolling out game-changing innovations through research and development.
Vice-chancellor Quinton Kanhukamwe signed the MoU on behalf of HIT, while the chief technology officer for NetOne Darlington Gutu signed on behalf of the mobile telecommunications operator.
Gutu said the partnership was testament to NetOne's commitment towards youth empowerment.
"This partnership also fits perfectly within one of our key pillars – one of empowerment – which focuses on entrepreneurial development and business incubation. This pillar is premised on Sustainable Development Goal (SDG) 8 – decent work and economic growth and SDG 9 – innovation, industry, infrastructure and is skewed towards the emancipation of youth and women to ensure they are actively involved in financial inclusion, attain financial freedom and total financial independence," Gutu said.
"We are confident that some of the innovations from this partnership shall be exported to other parts of the world and put Zimbabwe on the map as an active player in the fourth Industrial revolution."
Gutu further said the partnership model promoted idea exchange and experiential learning which will allow HIT students an opportunity to glean from NetOne experts through practical exposure and on the job training.
Kanhukamwe said the MoU will unleash potential to commercialise and monetise the students' innovations.
"This partnership will unlock opportunities for individuals as well as the potential to commercialise and monetise the pioneering ideas the teams will generate," he said.