BCC revenue up by 3%

The Bulawayo City Council (BCC)'s revenue collection in the year 2015 slightly increased by 3,4% to $72 million compared to the previous year despite a rise in default rate due to harsh economic environment haunting the country, latest council minutes show.

A financial statement review prepared by financial director Kimpton Ndimande and seen by NewsDay revealed that the total receipts in the year 2015 increased by 3,35% compared to the years 2014 which recorded $70 million.

Ndimande noted that cash collections for the month of December 2015 were more than the previous month's collections by 15%.