Harare offers 30% discounts to debtors

Harare City Council is offering a 30 percent discount to corporates and 5 percent to residents who settle their debts in full by end of this month.

This is an effort by council to entice residents to settle their bills.

The city is owed $305 million by different customers who range from Government, satellite towns, business and residents.

The payment of bills will rescue Harare from a financial crisis which has seen the local authority relying on debt financing for all its capital projects.

The city's acting finance director Tendai Kwenda said after the reprieve, the city will take legal action against defaulters.