Harare City Council To Raise Water Charges By Over 900%
Harare City Council is reportedly set to review up water charges by over 900% from $0.8 per cubic metre to $7 per cubic metre.
This comes when the local government authority recently increased prices of other services and fines so as to be in sync with the economy’s state of affairs.
These changes were directly influenced by currency reforms which the central government embarked on in the past 24 months.
The scrapping of the 1:1 ratio between the USD and the RTGS dollar has had an effect on the prices of goods and commodities and the cost of production.
The scarcity of foreign currency when the local industry is in a parlous state has also exacerbated the inflation in the country as foreign is bought mainly on the parallel market where prices are exorbitant.
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