The Harare City Council is now collecting rates in USD following the gazzetting of Statutory Instrument 85 of 2020 by government.
This was revealed in a statement by the authorities who state that “Harare City Council is now empowered to collect rates and charges in United State Dollars (USD) as directed by Statutory Instrument 85 of 2020”.
“This means all our customers now have an option to pay either in local currency or United States dollars.
“The issued receipts will show the prevailing interbank rate conversion”, it said.
As a justification Council said it is being charged in “United State dollars for some of the services it procures from suppliers”.
The money will be deposited into a CABS Nostro account according to the authorities.
The currency challenges have led to serious problems as service delivery has plummeted whilst Council struggles to balance its books as residents were mainly using Ecocash, swipe or bond notes.
According to authorities this created a huge challenges as they had to then find foreign currency to acquire some supplies such as water purification chemicals which are sold in foreign currency.
This new alternative however still retains problems for residents most of whom have no access to the USD.
Using the US dollar, Rand and other currencies was allowed before the government rashly reversed this last year in June.
Since then the locally introduced Zimbabwean dollar has been in a free fall.
Strangely the Zimbabwean dollar regained some ground after the reintroduciton of the multicurrency system.