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*Harare City Council seeks permission to borrow $100 million* *Follow Pindula on WhatsApp for daily new updates* https://whatsapp.com/channel/0029Va84dngJP21B2nWeyM3v?zb Harare City Council is seeking permission to borrow $100 million through municipal bonds to finance various service delivery initiatives, which include housing schemes, clinics and a new sewer treatment works. The local authority intends to make the application in terms of Section 290 (3) of the Urban Councils Act (Cap.29:15). The notice reads: ---------- *HOT DEALS:* *itel A70 - (128GB, 3GB RAM) $89,* *itel A70 - (256GB, 4GB RAM) $99* *itel P40 (128GB, 4GB), (6000mAh) $99* *itel P40 (64GB, 4G), (6000mAh) $93* *LATEST: itel S24 (128) $124; S24 (256GB) $159* Cash on Delivery in Harare & Bulawayo. Tinotumira kwamuri inosvika. WhatsApp: 0️⃣7️⃣8️⃣3️⃣ 4️⃣5️⃣0️⃣ 7️⃣9️⃣3️⃣ ---------- > Notice is hereby given in terms of Section 290 (3) of the Urban Councils Act (Cap.29:15), council resolved to borrow a sum not exceeding $100 million by way of Municipal Bonds for purposes specified hereunder. The allocation of the money is as follows: $30 million to upgrade council houses in Geneva and Zororo (Highfield), Joburg (Mbare) and Tafara. $25 million for the construction of Lyndurst Sewer Treatment Works. $15 million to replace water pipes $10 million to upgrade sewer lines. $5 million for a City Centre Maternity Clinic, and a similar amount will be reserved for city clinics. Gazaland Home Industry, construction of Hatcliffe farmers market and Kuwadzana Home Industry will take $600 000, $700 000 and 900 000, respectively. $800 000 and $2 million for the construction of Mufakose Home Industry and Mbudzi Roundabout Flea Market More: Herald _If you found this article useful_ *Please support Pindula by forwarding to friends and groups*
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