The rapid pace at which some municipalities are deteriorating threatens to undermine investor confidence and hinder the growth of the commercial and industrial real estate sectors, says Neil Gopal, CEO of SAPOA (South African Property Owners Association).Despite recent positive trends in the property market, the ongoing issues at the municipal level could possibly put a hold on the sector's recovery, he...
ALREADY cash-strapped residents living in former council homes in Copesville, Pietermaritzburg, claim the municipality’s “broken” utility billing system was adding to their financial woes. Residents who were given the title deeds to the homes in 2019 by the Msunduzi Municipality are now being slapped with exorbitant bills ranging from R4 000 to R20 000 for unpaid rates and utilities. Vasi...
Cape Town - The City of Cape Town has shared the increases that will reflect on the municipal accounts of ratepayers later in July onwards after the new rates and tariffs came into effect on Monday. The City said that the annual increases will be reflected on City customers’ municipal accounts only later in the July billing cycles and onwards. It is thus important to reduce usage so as to reduce...
Compare listings
Compare