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Online Reporter
PARENTS and guardians can pay school fees using the currency of their choice since Zimbabwe is operating under a multi-currency regime, Government has said.
According to Circular No.10 of 2022 from the Ministry of Primary and Secondary Education, school fees can also be paid in local currency, which is now referred to as the Zimbabwe Gold (ZiG).
Schools are allowed to peg their fees in foreign currency, but if parents want to pay in local currency, they can use the prevailing official rate.
The announcement comes ahead of schools opening for the second term on May 7.
Director of communications and advocacy in the Ministry of Primary and Secondary Education Mr Taungana Ndoro said parents can pay school fees using the currency of their choice.
“In cases where fees are pegged in foreign currency for value preservation purposes, parents can make their payments in the local currency at the prevailing official rate on the day of the transaction.
“The ministry emphasises compliance with this policy to ensure fairness and flexibility in the payment of fees,” he said.
Despite this policy position, some schools have become notorious for refusing to accept local currency payments.
Online Reporter