Home
About
Contact
Register
Login
Generate
WhatsApp Message
*High Court Orders Harare Polytechnic To Accept Zimbabwe Dollar Payments* *Follow Pindula on WhatsApp for daily new updates* https://whatsapp.com/channel/0029Va84dngJP21B2nWeyM3v?np High Court judge Justice Gladys Mhuri has ordered Harare Polytechnic College to stop demanding payment of tuition and other levies exclusively in United States dollars and accept payments from students in RTGS at the prevailing interbank rate. According to NewsDay, this comes after some students, through the Zimbabwe Lawyers for Human Rights (ZLHR), challenged the move by Harare Polytechnic College, arguing that the mode of payment was discriminatory and a violation of the country’s exchange control regulations. ---------- Latest itel S24 available on Pindula: 128GB storage, 4GB RAM $119 USD WhatsApp: +263715068543 Calls: 0772464000 Buy Online: https://www.pindula.co.zw/market/itel-s24-128gb-22-20240426142756795795/?s=wanews ---------- The student application was filed on 25 January in response to a circular issued on 12 January 2024. The college had ordered students to pay tuition, catering and accommodation fees exclusively in United States dollars. To facilitate payments, Harare Polytechnic College only provided a United States dollar-denominated account, leaving no room for payments in the local unit. Late last year, the Government enacted Statutory Instrument 218 of 2023 which extended the use of the multiple currency system to December 2030. The law compels businesses and individuals to accept the Zimbabwe dollar and a few other foreign currencies in domestic transactions. Economists estimate that 80% of the local economy is dollarised, with the gap between the official and exchange rates continuing to widen. More: Pindula News _If you found this article useful_ *Please support Pindula by forwarding to friends and groups*
Copy to clipboard
Feedback