Councils Move To Block Credit Lines for Debtors
By Correspondent Ratepayers who owe money to city councils may soon fail to access credit lines from banks if a partnership between Councils and the Financial Clearing Bureau (FCB) passes. This follows decisions by Masvingo, Harare and Kwekwe councils to enter into partnership with the FCB, a company which offers credit clearing services and vetting. […]
Opposition In Stand-Off Against Gvt Over $16B Debt
By Correspondent The opposition controlled Harare City Council is owed over $16 billion by central government raising fears that the ZANU PF Government may be sabotaging them. Speaking to the media this week Harare Mayor Jacob Mafume said the failure by government to pay its dues had resulted in Council failing to pay for its […]