BCC, Zesa face-off over debt

THE Bulawayo City Council (BCC) is failing to collect more than $62 million it is owed by power utility, Zesa, after the latter split into several strategic business units making it difficult for creditors to follow up on their outstanding payments.

The municipality, according to latest council minutes, says it is finding it difficult to recover $62 million from Zesa as of June this year in royalties for the use of the Bulawayo Thermal Power Station.

“Discussion ensued and councillor, Nephat Sibanda was concerned that the monthly collections were low, hence, the challenge on reducing debtors,” recent council minutes of the finance and development committee read.

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