BCC faces lawsuits over US$ contracts

THE Bulawayo City Council (BCC) says it is being sued by several companies for failing to pay them in United States dollars as per contractual agreements.

BCC concluded a number of contracts with its clients in US dollar terms, before government outlawed the use of foreign currency for domestic transactions.

This has resulted in the local authority failing to pay its clients in forex, a situation that has opened legal floodgates.

This story is for NewsDay subscribers.