Established in 2002, the centre provides resources for resident students in line with their aim to nurture upcoming artists and shape the careers of established ones.
"We want to share the exposure that we have acquired from various prestigious exhibitions that we have participated in to help other artists realise their dreams," said Chenjerai Mutasa, one of the centre's founders.
Mutasa said they came up with the idea of studies as a way of ploughing back to the community, adding that providing an artist-to-artist platform was critical for the development of artists.
"This programme is one way of showing our gratitude to the community which has made us what we are today and we aim to sharpen each other's skills," Mutasa said.
The centre is currently housing 10 artists who specialise in sculpting, painting and ceramic works.
Tendai Dhlamini, a Bulawayo-based artist undertaking the studies, said the programme was of immense benefit to him.
Ongoing shortages of food and fuel helped drive inflation from December's rate of 66,212%.
Government officials say the shortages make it hard to work out inflation with any degree of accuracy.
About 80% of the country's population lives in poverty and it is estimated that three million people have left the country for a new life in South Africa.
The economy has been in trouble for seven years, with supplies of basic foodstuffs, cooking oil and petrol all running low.
The central bank has introduced new banknotes to cope with the spiralling prices. Last month it issued a 10 million Zimbabwe dollar note