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Harare City Council Considers Selling Stands In US Dollars

Harare City Council Considers Selling Stands In US Dollars

Harare Mayor Herbert Gomba told the Daily News that council is considering selling selected residential and commercial stands in foreign currency.

Gomba said they have revised their pricing with the cheapest going for $15 per square metre. He said the matter is still not finalised from a legal point of view. Said Gomba:

We have revised the pricing of most of our stands with the cheapest going for $15 per square metre. We had noticed that people were buying the stands from as little as 50 cents a square metre and reselling them for the equivalent in United States dollars and that was disenfranchising council. The matter is not yet finalised as we have to look into it even from a legal stand-point. The money raised will not be for salaries but will be channelled towards service delivery. All our endeavours are to ensure that residents get value for their money.

More: Daily News

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