Marondera RDC presents US$12 million 2025 budget

Andrew Muvishi Mash East Correspondent

Marondera Rural District Council has presented a US$12 million 2025 budget with the main focus on roads and sustainable

service delivery.

Presenting the budget in the council chambers, Marondera RDC finance chairpeson, Councillor Kefas Manda said the budget

will focus on roads, social service, water, sanitation and hygiene.

Councillor Manda said capital expenditure is pegged at US$7,2 million, while revenue is expected to be at US$4,8 million.

Councilor Manda said the 2025 budget increased by 27 percent or US$2,7 million from the previous year`s approved budget,

which was pegged at US$9.3 million.

“The increase is mainly attributed to the valuation roll in which council is now required to charge monthly rates on all ratable

properties basing on the value of the property,” he said.

“This is called progressive taxation, which is the best practice worldwide.”

Councillor Manda said capital expenditure will be funded through Zinara, council coffers, devolution and bank loans.

“Capital expenditure shall be funded from the following revenue sources. Our own sources of revenue will contribute US$2,6

million, the Zinara road fund will grant US$120 000, inter-governmental fiscal transfer, commonly known as devolution, will

bring in US$3,3 million while bank loans should give us US$1,2 million,” he said.

Related Posts

President declares September 15 a public holiday

Gibson Nyikadzino Zimpapers Politics Hub PRESIDENT Mnangagwa has declared September 15 a public holiday. In a proclamation through Statutory Instrument 148 of 2026, read in terms of Section 2 (2)…

Cassava Technologies partners Vodafone and Elsewedy Electric to form Africa Data Centres Egypt

Cassava Technologies, Vodafone Business and Elsewedy Electric have signed an agreement to establish Africa Data Centres Egypt, a data centre project that will include Egypt’s first sovereign AI data centre,…

Leave a Reply

Your email address will not be published. Required fields are marked *