Over $9 million in school accounts is rapidly losing value as the government imposed lockdown continues to take its toll on various sectors of the country, an education official has said.
Chegutu Provincial Education Director Edison Mhuma, who addressed Norton school heads, lamented the situation and said measures needed to be taken to avert a worse scenario.
“Over $9 million that is currently in various school’s bank accounts is losing value whilst the headmasters are under lockdown”.
This he said should have necessitated measures to avert the erosion of the money’s value.
Mhuma said headmasters need to be innovative and not allow themselves “to be under lockdown”, because “for a headmaster, a school never closes”.
The local bond currency has been losing value rapidly, deteriorating against the US$ and was recently ranked as second from bottom in terms of junk currencies.
Government has dismissed speculation and fake notices of the imminent opening of schools.
It said it would take up to four weeks to open schools, firstly for examination-writing classes then gradually other classes in a phased approach.
Speaking before the Committee on Primary and Secondary Education, Permanent Secretary in the Ministry of Primary and Secondary Education, Tumisang Thabela, said they needed four weeks more for logistical purposes and planning so that they could be able to open schools in a phased approach.
“We need four weeks for logistical purposes so that we can open schools in phases, firstly considering the examination classes and we will ensure that there is training of school heads and teachers and provision of protective clothing,” she said.
Thabela said the first phase of opening would be focused mainly on Grade 7, “O” and “A” Level examination-writing students, while others will open on the next phase.
However, the Ministry is worried over schools that have been turned into quarantine centres saying that would affect re-opening of those schools.