Zimbabwe's Education Minister asked young lawmakers to name schools that refuse local money for fees. Torerai Moyo told Junior Parliament members about schools turning away parents who want to pay with Zimbabwe Gold currency. He said these schools break government rules about accepting both local and foreign money. The Minister wants students to report problem schools that demand only US dollars. Government officials will punish schools that ignore the payment policy.
Zimbabwe allows parents to pay school fees with either local ZiG currency or American dollars. Some schools create their rules about which money they accept from families. These schools also make up their exchange rates instead of using official bank rates. The Education Ministry says schools cannot pick and choose payment methods. Parents have the right to use whatever legal currency they prefer.
The Ministry warned schools several times about following currency rules properly. Officials sent letters telling schools they must accept ZiG payments from families. Schools cannot force parents to pay only with US dollars anymore. The Reserve Bank of Zimbabwe sets the official exchange rate for all businesses. Schools that break these money rules face serious trouble with government regulators.
The Minister spoke during the 33rd Junior Parliament meeting about this growing problem. Many parents complained that schools reject their local currency payments. Government leaders want to stop schools from making their currency policies. The multi-currency system means both types of money work equally for all transactions. Education officials promise to take action against schools that continue refusing ZiG payments.
Zimbabwe allows parents to pay school fees with either local ZiG currency or American dollars. Some schools create their rules about which money they accept from families. These schools also make up their exchange rates instead of using official bank rates. The Education Ministry says schools cannot pick and choose payment methods. Parents have the right to use whatever legal currency they prefer.
The Ministry warned schools several times about following currency rules properly. Officials sent letters telling schools they must accept ZiG payments from families. Schools cannot force parents to pay only with US dollars anymore. The Reserve Bank of Zimbabwe sets the official exchange rate for all businesses. Schools that break these money rules face serious trouble with government regulators.
The Minister spoke during the 33rd Junior Parliament meeting about this growing problem. Many parents complained that schools reject their local currency payments. Government leaders want to stop schools from making their currency policies. The multi-currency system means both types of money work equally for all transactions. Education officials promise to take action against schools that continue refusing ZiG payments.
