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
Harare City Council faces property seizure over unpaid debt to former quarry board members
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: 68424, member: 636"] The Harare City Council risks having its property seized over an unpaid debt of $105,000 owed to former board members of its defunct subsidiary, Harare Quarry. This liability, for unpaid board allowances, was inherited by the council after it assumed direct control of the company earlier this year. Five of the eleven former members have obtained court judgments against the municipality, authorizing the attachment of city assets. An internal council report recommended urgently settling the debt to avoid this outcome. Some councilors have disputed the payments, arguing that employees should not receive extra compensation for overseeing a council entity. Despite these internal disagreements, officials are now attempting to negotiate payment plans with the claimants. A recent inquiry found that the subsidiary's failure was partly due to a flawed governance model where city employees dominated its board. [/QUOTE]
Insert quotes…
Name
Post reply
Home
Forums
Labrish
Nyuuz
Harare City Council faces property seizure over unpaid debt to former quarry board members
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