News / National
Gwanda open to investors
26 Nov 2017 at 16:46hrs | Views
Gwanda Municipality has called on investors to take advantage of the local authority's business friendly policies to establish agro based and gold ore processing industries in the provincial capital.
Job creation and turning around the country's economy are non negotiable according to the new political dispensation in the country.
In order to ensure that these expectations are met at a local level, the Gwanda Municipality has called on investors to take advantage of its existing investment friendly policies which are designed to attract meaningful development in the town.
Gwanda Town Mayor Councillor Knowledge Ndlovu said a lot of incentives are on offer for prospective investors.
The local authority which has proposed a $7.7million budget for the coming year is targeting to improve its road infrastructure, construction of Garikai Hlalani Kuhle Primary School and improving access to water among other capital projects.
Gwanda Municipality is however facing low revenue inflows which are compounded by an ineffective debt management system.
The local authority is currently owed $13 million while it also owes its creditors $9.8 million.
Job creation and turning around the country's economy are non negotiable according to the new political dispensation in the country.
In order to ensure that these expectations are met at a local level, the Gwanda Municipality has called on investors to take advantage of its existing investment friendly policies which are designed to attract meaningful development in the town.
Gwanda Town Mayor Councillor Knowledge Ndlovu said a lot of incentives are on offer for prospective investors.
The local authority which has proposed a $7.7million budget for the coming year is targeting to improve its road infrastructure, construction of Garikai Hlalani Kuhle Primary School and improving access to water among other capital projects.
Gwanda Municipality is however facing low revenue inflows which are compounded by an ineffective debt management system.
The local authority is currently owed $13 million while it also owes its creditors $9.8 million.
Source - zbc
