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Council beer halls to be leased out

by Staff reporter
14 Jan 2015 at 06:36hrs | Views

The in city council in Masvingo is winding up its township beerhall business that are financially bleeding the local authority.

The council is desperate to get rid of the former cash cows, saying that the large township beer halls, synonymous with their opaque brew, would be leased out to private businesses.

The council also intends to write-off the debts owed by the liquor arm, which faces collapse after failing to keep pace with fast moving changes in beer and entertainment industry.

The liquor business unit had been recording massive losses, prompting the cash strapped council to look for businesses to bring new activity to the lifeless high density suburbs.

The council has issue an invitation to tender this week inviting investors to take over the beer halls under lease.

Source - dailynews
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