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School Fees Can Be Pegged In USD - Govt

School Fees Can Be Pegged In USD - Govt

Schools have been given the green light to peg learners’ fees in US dollars but payable in local currency using prevailing interbank rates.

This was revealed by Ministry of Primary and Secondary Education Manicaland Provincial Director, Richard Gabaza during a National Association of School Heads (NASH) conference that was held in Victoria Falls recently. Said Gabaza:

We were given authority for schools to apply in USD for fees increase. Schools continued to raise concern over the inflation and their failure to meet the financial demands saying parents pay using the prevailing bank rate.

This authority does not mean to say fees are now paid in foreign currency.

Some schools, especially those with boarding facilities have demanded top-up fees from parents in response to rising inflation.

Earlier this month, Hartzell High School in Mutare warned parents and guardians that it would no longer be able to feed learners beyond a certain date as food stocks were running dry.

The school said if its food stocks were not replenished by 22 June, parents would be asked to collect their children from the school.

More: StarFM

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🌶️🌶️🌶️ 1 month ago

USD rine nharo wena, riri kudzoka by. force😂😂😂

1 month ago

🤣 🤣 🤣 🤣 🤣 1 month ago

Kuita kunyangira dollarization

1 month ago

iro rikudzoka zvakanakisa

anonymous 1 month ago

we made a very big mistake by accepting the usd in th first place

🌶️🌶️🌶️ 1 month ago

Saka pa2008 imwe solution yaiva ipi mkoma

sugar boy 1 month ago

kkkkkk so to accept a USD is a mistake.majaira kutambira vanhu imi


hhh 1 month ago

Zvagara mari yakasina nematissue. kana uchidabkuona musiyano bvunza Price ye product inoita USD10 using rtgs. Unibva waziva hauna mari

Comfort 1 month ago

Mmm pakaipa kkk

ndaida kutii zviye paye 🤔 1 month ago

what happened to the free education policy paye

Tkt 1 month ago

Hence and therefore , it is imperative for the Authorities to also direct all employers to peg employees salaries in USD but payable in local currency
Sandizvo here? Kkk
Woza,New Currency Series

Gerry 1 month ago

Gutu High is robbing parents .How can 163 us translate to 115000 rtgs apa top up.Mwari pindirai

xxx 1 month ago

They shld hedge against inflation and use a forward rate .

Asalif 1 month ago

@Bluuuuuue , Chawabvunza,Tkt ,Mujibha,Vybz Kartel munenharo here dollarisation machange money kumusha kunorima

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