HCC’s discount speeds up debt reduction

Source: HCC’s discount speeds up debt reduction – DailyNews Live

Helen Kadirire      18 October 2018

HARARE – Harare City Council (HCC) collected a record $17 million in
September, a feat it has not achieved in the past four years.

According to HCC spokesperson Michael Chideme, the city’s revenue
collection was now targeting to collect between $20 and $22 million in
October.

Harare has been collecting between $10 and $12 million from potential
monthly collections of $22 million.

“The bulk of the money will be channelled towards service delivery,
especially roads,” Chideme said.

He attributed the increased revenue collection to the 90-day discount
grace period and the revenue collection vehicles which were deployed to
various districts to follow up on debtors.

The city spokesperson also notified residents that council would resort to
using debt collectors for defaulting residents after the 90-day grace
period ends.

“Once the October 23 deadline lapses, the city will engage debt collectors
to recover arrears. Customers who took advantage to pay their bills have
been credited with the discount as promised,” he said.

Currently the city is owed $800 million by government, businesses and
residents.