{"id":78851,"date":"2023-06-09T17:07:19","date_gmt":"2023-06-09T15:07:19","guid":{"rendered":"https:\/\/www.africa-press.net\/zimbabwe\/all-news\/cash-strapped-chegutu-municipality-sells-old-properties"},"modified":"2023-06-09T21:13:49","modified_gmt":"2023-06-09T19:13:49","slug":"cash-strapped-chegutu-municipality-sells-old-properties","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/zimbabwe\/all-news\/cash-strapped-chegutu-municipality-sells-old-properties","title":{"rendered":"Cash-strapped Chegutu Municipality sells old properties"},"content":{"rendered":"<p><span style=\"color: #ff6600\"><strong>Africa-Press &#8211; Zimbabwe. <\/strong><\/span>Chegutu Municipality has been forced to sell its dilapidated properties as the local authority swims in financial challenges including a debt overhang.<\/p>\n<p>In a meeting with the Combined Chegutu Residents and Ratepayers Association Trust (CCRRAT), council said it was facing low revenue inflows against high operational costs.<\/p>\n<p>Council said it had no capacity to maintain some of the identified properties.<\/p>\n<p>CCRRAT spokesperson Trust Mukandiwona Martin, however, said they were opposing council plans to dispose of the assets.<\/p>\n<p>\u201cThere was no consultation between the councillors and the residents. We just saw an advert in a local paper. If the councillors had told the residents of their plans to dispose of the public properties because they did not have money, we could have proposed other ways to raise funds rather than selling these properties.\u201d said Martin.<\/p>\n<p>He added: \u201cAs residents, we told them that it is impossible for them to sell these properties and we have since asked them to go back to the drawing board and find other ways to raise money.<\/p>\n<p>\u201cThey should think of ways to modernise and facelift these structures so that we don&#8217;t lose our property.\u201d<\/p>\n<p>Some of the structures being sold include Chegutu beerhall and Chegutu arms. No comment could be obtained from mayor Henry Muchatibaya.<\/p>\n<p><strong>For More News And Analysis About <a href=\"https:\/\/www.africa-press.net\/zimbabwe\">Zimbabwe<\/a> Follow <a href=\"https:\/\/www.africa-press.net\/\">Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Africa-Press &#8211; Zimbabwe. Chegutu Municipality has been forced to sell its dilapidated properties as the local authority swims in financial challenges including a debt overhang. In a meeting with the Combined Chegutu Residents and Ratepayers Association Trust (CCRRAT), council said it was facing low revenue inflows against high operational costs. Council said it had no [&hellip;]<\/p>\n","protected":false},"author":84,"featured_media":78850,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3,6],"tags":[1493,2189,19],"class_list":["post-78851","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-economy","tag-africa-press","tag-africa-press-zimbabwe-2","tag-zimbabwe"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.1 (Yoast SEO v27.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Cash-strapped Chegutu Municipality sells old properties - zimbabwe<\/title>\n<meta name=\"description\" content=\"Chegutu Municipality has been forced to sell its dilapidated properties as the local authority swims in financial challe ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/zimbabwe\/all-news\/cash-strapped-chegutu-municipality-sells-old-properties\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Cash-strapped Chegutu Municipality sells old properties\" \/>\n<meta property=\"og:description\" content=\"Chegutu Municipality has been forced to sell its dilapidated properties as the local authority swims in financial challe ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/zimbabwe\/all-news\/cash-strapped-chegutu-municipality-sells-old-properties\" \/>\n<meta property=\"og:site_name\" content=\"zimbabwe\" \/>\n<meta property=\"article:published_time\" content=\"2023-06-09T15:07:19+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-06-09T19:13:49+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/zimbabwe\/sites\/14\/2023\/06\/sm_1686321702.660503.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"800\" \/>\n\t<meta property=\"og:image:height\" content=\"500\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/zimbabwe\/all-news\/cash-strapped-chegutu-municipality-sells-old-properties#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/zimbabwe\/all-news\/cash-strapped-chegutu-municipality-sells-old-properties\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/zimbabwe\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"Cash-strapped Chegutu Municipality sells old properties\",\"datePublished\":\"2023-06-09T15:07:19+00:00\",\"dateModified\":\"2023-06-09T19:13:49+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/zimbabwe\/all-news\/cash-strapped-chegutu-municipality-sells-old-properties\"},\"wordCount\":229,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/zimbabwe\/all-news\/cash-strapped-chegutu-municipality-sells-old-properties#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/zimbabwe\/sites\/14\/2023\/06\/sm_1686321702.660503.jpg\",\"keywords\":[\"Africa Press\",\"Africa Press-Zimbabwe\",\"Zimbabwe\"],\"articleSection\":[\"all news\",\"Economy\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/zimbabwe\/all-news\/cash-strapped-chegutu-municipality-sells-old-properties#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/zimbabwe\/all-news\/cash-strapped-chegutu-municipality-sells-old-properties\",\"url\":\"https:\/\/www.africa-press.net\/zimbabwe\/all-news\/cash-strapped-chegutu-municipality-sells-old-properties\",\"name\":\"Cash-strapped Chegutu Municipality sells old properties - 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