COUNCIL IN TROUBLE AS BOND NOTES TUMBLE

Shurugwi Town Council may be forced to call for a supplementary budget soon after the approval of the current one because the value of the RTGS$ has significantly tumbled against the US$.

The current budget will not last until September.Finance dire…

Shurugwi Town Council may be forced to call for a supplementary budget soon after the approval of the current one because the value of the RTGS$ has significantly tumbled against the US$. The current budget will not last until September.Finance director Charles Taonezvi said the 2019 budget was approved a few weeks ago but the money’s buying power has been eroded after de-valuation during a