Sanyati slashes 2018 budget

Heather Charema in SANYATI
SANYATI Rural District Council has proposed a $2,8 million budget for 2018, down from this year’s budget of $3 million. In an interview yesterday, Sanyati Rural District Council chief executive Mr Achim Shadaya said the council had projected to reduce next year’s budget due to decreasing revenue streams for rural local authorities after the reassignment of the land levy collection to the Ministry of Lands and Rural Resettlement.

“Council has made a budgetary projection of $2,8 million for the year 2018, down from $3 million budget for 2017,” Mr Shadaya said.

“The deliberate decrease has largely been necessitated by the ever dwindling revenue streams for rural local authorities following especially the assignment of the land levy collection function to the Ministry of Lands. I am of the strongest conviction that there should be a review of Section (45) of the Finance Act in favour of rural local authorities for them to once again assume their role and be able to provide the much-needed services to their communities.”

 

Related Posts

Warriors fall 2-1 to DRC

Online Reporter Zimbabwe’s AFCON 2027 Group E qualifying campaign suffered a setback tonight after the Warriors lost 2-1 to the Democratic Republic of Congo at the National Sports Stadium in…

RBZ cuts policy rate to 27.5pc but maintains tight monetary policy stance

Business Reporter Reserve Bank of Zimbabwe’s Monetary Policy Committee (MPC) has cut the Bank policy rate from 30 percent to 27.5 percent with immediate effect, bringing the total reduction since…

Leave a Reply

Your email address will not be published.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

×