BREAKING NEWS

Schools accept goats for tuition fees in Zimbabwe

Zimbabwe's new 'goat economy' now includes school fees.
Goat to pay school fee
Parents in Zimbabwe who cannot afford school fees can offer livestock such as goats or sheep as payment, a government minister has said.

The country's education minister Lazarus Dokora told the pro-government Sunday Mail newspaper that schools will have to show flexibility when it comes to demanding tuition fees from parents, and that they should accept not only livestock, but also services and skills. 

"If there is a builder in the community, he/she must be given that opportunity to work as a form of payment of tuition fees," the paper quoted him as saying.

Some schools are already accepting livestock as payments, the Sunday Mail reports.

A ministry official clarified Dr Dokora's comments: "Parents of the concerned children can pay the fees using livestock. That is mostly for rural areas, but parents in towns and cities can pay through other means; for instance, doing certain work for the school."

It follows a move last week where Zimbabwe allowed people to use their livestock, such as goats, cows and sheep, to back bank loans. Under legislation introduced in parliament this week, borrowers would be allowed to register "movable" assets, including motor vehicles and machinery, as collateral, the BBC's World Business Report said.

According to the reports received by VAM News, Zimbabwe's worsening cash crisis means that people frequently spend hours queueing at banks to withdraw cash. 

The government says the shortage is due to people taking hard currency out of the country, but critics say it's due to lack of investment and rising unemployment.

No comments

After Dropping your comment, Wait for few minutes, your comments will appear below!!!