Close Sidebar
The Financial Gazette
The Financial Gazette
The Financial Gazette

Input your search keywords and press Enter.

Tag

Bulawayo City Council

National Report

Byo in precarious financial position

BULAWAYO — City Council, currently owed in excess of US$100 million by residents, companies and government is now in a precarious financial position as it battles to service a debt of US$99 million, a development that has forced the local authority to be tough on its debtors. (more…)
…

  • April 2, 2015
Property

Byo services 1 000 residential stands

CASH-strapped Bulawayo City Council (BCC), with a housing backlog of over 100 000, managed to service just over 1 000 residential stands in the just ended year owing to resource constraints. Bulawayo mayor Martin Moyo said at the beginning of 2014, the municipality was owed US$77,2 million but…

  • January 15, 2015
Uncategorized

Ingwebu Breweries in the black

BULAWAYO mayor Martin Moyo says the council’s wholly owned Ingwebu Breweries is back in the black after several years, but requires $4 million to refurbish the brewery plant and increase its footprint. In his New Year message, Moyo said the Bulawayo municipal undertaking moved from loss to profit during the…

Property

Byo sticks to pre-selling of properties

BULAWAYO —Mayor Martin Moyo, has indicated that owing to financial constraints, pre-selling of residential stands in order to finance their development is at the moment the only way the local authority can provide accommodation to its residents. The second largest city’s housing waiting list currently stands at over…

  • April 25, 2014
Uncategorized

PAGE4 Bulawayo eases water cuts Ray NdlovuAssistant Bureau Chief THE Bulawayo City Council (BCC) has relaxed its water rationing programme following the heavy rains that have pounded the country in recent weeks although city fathers have been quick to warn residents to continue using the precious liquid sparingly.…