BULAWAYO City Council (BCC) has received over US$2 million in the past two years from a vehicle parking management deal with its private partner Tendy Three Investments (TTI).
This was revealed by TTI director Lizwe Mabuza on Tuesday at an event where the company was donating Christmas hampers to the underprivileged in society.
“As TTI we have come up with a lot of positives in Bulawayo such as creating employment for about 400 youths, bursaries as well as decongesting the city, creating a sense of security,’’ Mabuza added.
“We are the highest contributors into the coffers of the city council. We are talking of having contributed up to US$2 million over the past two years and a couple of billions of local currency.”
BCC in 2022 entered into a partnership with TTI to manage its parking system through a US$2 million public-private partnership tender.
The arrangement is based on a build, operate and transfer agreement aimed at generating revenue and providing employment opportunities for residents.
The company, responsible for managing the city’s parking, however, stands accused of harassing motorists and employing rude marshals.
In November, a group of youths, mostly driving Honda Fit vehicles, staged a flash demonstration outside City Hall, protesting against alleged corruption involving city councillors and the reckless clamping of cars by TTI.
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The demonstrations underscored growing tensions between residents and BCC over TTI’s operations, with mounting calls for a review of the controversial parking management contract.
Mabuza, however, said the company was not deterred by criticism revealing plans to partner BCC in setting up a US$5 million bitumen plant.
He said that would help BCC to diversify its revenue sources.
Reports indicate that BCC is yet to make a decision on the proposal.
Mabuza said the company was, however, ready to kick-start the project once the local authority gave a go-ahead.
