The Municipality of Marondera has said it will no longer slash licence fees saying the business community should pay their rates as pegged during the last meeting.
Early this year, the local authority was forced to slash the licence fees by 50% after the ratepayers had complained that they were too exorbitant.
During the second meeting held at Mbuya Nehanda Hall, the business community said there was need to slash the fees again as they were still too high.
However, council has come out to say the current hyperinflationary environment has affected them such that the business community has to comply with the 50% figures.
Marondera Urban Business Association (MUBA) in a statement said they met with resident minister Apolonia Munzverengi who confirmed that the budget was approved by higher offices.
“The Minister accepted the budget which we rejected citing reasons of inflation which has already hit the budget. So it is being advised that we go ahead and pay the agreed 50% as said on our last meeting at Mbuya Nehanda,” read the statement.
Marondera Mayor Chengetai Murowa also confirmed the development.