Tough Times For Austerity Hit Zim Workers As Rent Board Rules In Favour Of USD Rentals
24 June 2019
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Many Harare residents fear they could soon be homeless now that landlords are allowed to charge rent In US dollars.

Locals still earn salaries In real-time gross transfer (RTGS) dollars, which are six times weaker than the US dollar and 11 times weaker on the black market.

Most citizens have access to the US dollar only through the black market.

Recently, tenants at the Croco Motors­ owned residential park, Norbridge Court, in Harare, reported their landlord to the Rent Board for charging them in US dollars.

The board, which arbitrates disputes be­tween a landlord and a tenant, ruled in favour of Croco Motors, which means it is allowed to demand payment in forex.

The monthly rent for the premises in which you reside shall be $170 for a bedsitter and $215 fora bachelor,” reads a notice from Tawanda Chivaro, the property manager.

-Sunday Times