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Masvingo City water bills are payable in ZWL$ 

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Masvingo City water bills are payable in ZWL$ 

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Ellen Mlambo

MIRROR REPOPRTER

MASVINGO- City of Masvingo is advising residents and ratepayers that rates billed in US$ are payable in local currency using the prevailing interbank rate on the date of payment.

The local authority’s Finance Director Danister Jori told The Mirror that the US$ bills are with effect from last Monday.

He said they resorted to billing in US$ to preserve value of their revenue and to enable residents to trace changes in their bills. 

“Billing of all our services is now done in US$ and this is with effect from last week. Residents can pay their bills in local currency using the prevailing interbank rate. We decided to do our billing in US$ to preserve the value of our revenue,” said Jori.  

Ratepayers have been settling their bills in ZWL$ when the money had lost value thereby prejudicing council of its expected revenue. 

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