Local News

Harare City Council loses millions in grand looting

NewsDay Staff ·

Harare City Council loses millions in grand looting

THE struggling Harare City Council (HCC) has lost potential revenue running into millions of United States dollars in more than 15 years in a calculated move to plunder resources at its subsidiary Rufaro Marketing by senior officials, investigations by NewsDay has established.

At its peak, Rufaro Marketing was one of the city’s cash cows, injecting thousands of dollars into council coffers which were used to build Rufaro Stadium and several amenities in high-density suburbs.

It also employed more than 1 500 people at its brewery and 157 beerhalls dotted across the city.

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