Menu
Home
Forums
New posts
Search forums
What's new
Featured content
New posts
New media
New media comments
New resources
Latest activity
Media
New media
New comments
Search media
Resources
Latest reviews
Search resources
Misc
Log in
Register
What's new
Search
Search
Search titles only
By:
New posts
Search forums
Menu
Log in
Register
Install the app
Install
Home
Forums
Labrish
Nyuuz
Councillors pick car cash over motorbike loans
JavaScript is disabled. For a better experience, please enable JavaScript in your browser before proceeding.
You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an
alternative browser
.
Reply to thread
Message
[QUOTE="Munyaradzi Mafaro, post: 31507, member: 636"] Last Wednesday, Bulawayo City leaders voted to give themselves big car loans. Each person wants US$4,000 from city money to buy personal cars. They made this choice even though the city lacks cash for basic services. These officials changed what the national government told them to do. The original rule said they should receive help buying motorbikes for work duties. Instead, they decided they wanted money for cars, not just bikes. Ward 15 leader, Ashton Mhlanga, started this debate during their meeting. Mr. Mhlanga comes from the Cowdray Park area. He brought up a letter dated September 26, 2024, about helping council members travel around better. His plan asked the city to hand out cash equal to what a good motorbike costs. He said each person should receive money directly rather than having the city purchase bikes for them. City finance workers pointed out big problems with this idea. Most important - council members earn just US$75 monthly, nowhere near enough to pay back US$4,000 loans before their terms finish. The money might create tax problems for them. Banking rules also make it hard to handle such large cash amounts outside proper systems. The finance team calculated that if they follow standard loan practices, each council member should only borrow US$1,125 based on their small monthly pay. Any loan repayment should stay under US$18.75 monthly - just one-fourth of what they earn. The council ignored these warnings when voting to approve much larger amounts for themselves. [/QUOTE]
Insert quotes…
Name
Post reply
Home
Forums
Labrish
Nyuuz
Councillors pick car cash over motorbike loans
This site uses cookies to help personalise content, tailor your experience and to keep you logged in if you register.
By continuing to use this site, you are consenting to our use of cookies.
Accept
Learn more…
Top