The Harare Institute of Technology has entered into a Memorandum of Understanding with the Commercial Bank of Zimbabwe, (CBZ); effective 27 June 2017.
The MoU is for a period of five years.
The agreement is meant to facilitate  effective cooperation between CBZ and HIT in respect of innovation, research  and development in areas of common interest.
  
      As part of the University’s drive to promote its interface with industry  partners; the agreement will enhance the advancement of knowledge through  research which is relevant to industry needs and developments. Students from  HIT will also be exposed to hands-on commercial experience at CBZ Holdings.
  
      Through the MoU, CBZ will:
Through the MoU HIT will:
The agreement will also explore similar areas of interest in pursuance of the two institutions’ mandate and will serve to propel both institutions to higher levels,- in areas of human capital development, provision of grants, interface and exchange of experiences through public lectures and sharing experiences from the world of work, among others.