THE IMPACT OF THE ADOPTION OF MULTI CURRENCY IN GOVERNMENT OWNED SECONDARY SCHOOLS IN GWERU DISTRICT, ZIMBABWE

This paper seeks to evaluate the impact of the multicurrency system in government owned secondary schools. The education sector was one of the hardest hit among other sectors of the economy in the rapidly changing and complex economic environment in Zimbabwe. A descriptive research design was used .A study was carried out using stakeholders in the education sector as the research subjects. Purposive and stratified random sampling methods were used in the study. The results of the study, based on secondary and primary data revealed that the introduction of the multi currency system had significant contribution to the cost and financing of education and the retention of teaching staff. It also impacted on the availability of learning infrastructure, secondary school dropouts and retention, and registration in the Ordinary and Advanced Level examinations. This study recommends that the multi currency system be maintained until the countryʹs economic and political environment is stable. It is also necessary for the Ministry of Education, Sports, Arts and Culture to come up with policies and strategies which address issues pertaining to cost and financing of education, retention of teaching staff and availability of learning infrastructure. Finally, it is also recommends that further research be undertaken in order to establish whether the multi currency system had no contribution to the economic wastage in government owned secondary schools