GoZ Forcing Zim Dollars Down Schools Throats
"No school; public or private should charge fees without the approval of the Ministry of Primary and Secondary Education” - Government of Zimbabwe
The GoZ is forcing Zim Dollars down schools throats.
In a statement from the Ministry of Primary and Secondary Education on school fees and levies payment, dated 12 May 2023, schools are being forced to accept the Zim Dollars at the official bank rate.
Reads part of the statement:
“The demand to receive payment exclusively in USD is not permissible and is contrary to the laws of the land.
For the record, the Zimbabwe dollar is still the legal tender in the country. Parents/guardians should therefore be allowed to pay fees and levies in Zimbabwean dollars.
Parents/guardians opting to pay school fees in USD or in Rand should be allowed to do so calculated against the prevailing bank rate on the authorized fee and levy structure.
As a matter of fact, no school; public or private should charge fees without the approval of the Ministry of Primary and Secondary Education.”
The Ministry added that no school; private or public is allowed to charge fees that has not been approved by the government.
The development shows GoZ's two-faced character as other government run institutions like the passport office, and customs office at the borders are rejecting the Zimbabwe dollar.