Staff Reporter
Government has issued a clear directive to educational institutions across the country, cautioning them against the exclusive use of US dollars for tuition and fees.
This warning comes as part of an effort to ensure compliance with the nation's multi-currency system, which includes Zimbabwe Gold (ZiG).
Minister of Primary and Secondary Education, Dr. Torerayi Moyo, emphasised the legal requirement for schools to accept ZiG, which holds status as legal tender.
"This directive to pay school fees with ZiG seeks to ensure the accessibility and affordability of education for all students, irrespective of currency preferences or limitations," Dr. Moyo stated.
The minister expressed concern over the actions of some schools that have opted to charge fees solely in US dollars, noting that such practices contradict the Government's policy and could lead to severe consequences, including de-registration.
"Those schools that are charging USD exclusively or refusing the ZiG risk very serious remedial action from the Government through the Ministry of Primary and Secondary Education. We have even involved the Zimbabwe Anti-Corruption Commission to address any defiance of government orders," Dr. Moyo warned.
A headmaster at a High school in Chivhu who preferred anonymity confirmed that the situation at schools was manageable and that schools were prepared to open smoothly as planned.
He highlighted the Government’s proactive approach as indicative of its commitment to legal adherence and promoting inclusivity within the education sector.
However, there remain a few schools reportedly undermining the education system by inflating fees, with some charging a conversion rate of 1 USD to 23 ZiG, a rate unfavorable to many parents. This issue highlights ongoing challenges as the country transitions more fully to its new currency.
Meanwhile, the introduction of the ZiG marks a significant step in Zimbabwe's economic strategy, aiming to bolster national self-sufficiency and stability after years of reliance on the US dollar.
This change reflects broader efforts to restore confidence in the local currency amidst complex economic conditions.
