BCC 2016 revenue collection drops 6% to $67,9m

Bulawayo City Council’s (BCC) revenue collection last year dropped by 6% to $67,9 million due to harsh economic environment haunting the country, latest council minutes have shown.

A financial statement review prepared by financial director, Kimpton Ndimande revealed that the total receipts last year amounted to $67,9m compared to $72,3m recorded in 2015.

Ndimande attributed this to the decline in economic activity, which saw many companies in the city closing shop.

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