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BCC Urges Businesses Selling Their Wares In Forex To Pay Their Rates In Forex

3 years agoTue, 06 Oct 2020 16:52:36 GMT
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BCC Urges Businesses Selling Their Wares In Forex To Pay Their Rates In Forex

Bulawayo City Council (BCC) has urged businesses to pay their rates in foreign currency as many businesses have decided to charge for their services in USD, The Sunday News reports.

This was revealed by finance and development committee Councilor Mlandu Ncube who said:

I, therefore, implore our residents to kindly pay council dues on time so that we are able to achieve our goals. in my specific appeal, I would like to encourage those companies that are charging for their goods and services in foreign currency, to also consider paying their bills in foreign currency. This would help the council to get the much-needed forex to pay for essential products such as fuel and water treatment chemicals. This is your city, support it by paying your bills in foreign currency.

Ncube said if the BCC fails to adjust to the economic environment like it proposed to do earlier this year,  it will carry over 2020’s problems into the new year:

The challenges experienced in 2020 are likely to be carried into the next budget cycle; however, the council will be better prepared to attend to such issues as adequate budget provisions have been made. The 2021 proposed budget seeks to improve service delivery in roads infrastructure, sewerage and water infrastructure. the year 2021 will see a number of long-term projects coming to a conclusion specifically, of water and sewerage infrastructure

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More: The Sunday News 

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