The Harare City Council has embarked on a crucial exercise to verify and value all its assets, including properties, in a bid to modernise its operations and improve transparency.
The initiative is aimed at identifying and accounting for all the council’s properties, which will help in the management of these assets, as well as identify potential opportunities for revenue generation.
The exercise is expected to cover all council-owned properties, including buildings, land, and infrastructure such as roads, bridges, and water and sewage systems.
The council’s officials will be conducting a thorough assessment of each property, including its condition, location, and current use, to determine its value.
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The verification and valuation exercise is part of the council’s efforts to improve its financial management and accountability. The exercise will also help the council to identify any potential discrepancies or irregularities in the ownership or management of its assets.
The Harare City Council has been facing several challenges in recent years, including corruption, mismanagement, and a lack of resources. The launch of the assets verification and valuation exercise is seen as a step towards addressing these challenges and improving the overall efficiency and effectiveness of the council’s operations.
SOURCE : NEWSREPORTZIM.COM
