DA spokesperson for finance in Tshwane Jacqui Uys sounded a warning that property rates are likely to increase significantly in the 2025/26 financial year. The DA in Tshwane has warned that the Metro is poised to increase its income from property rates significantly in the 2025/26 financial year. The party recently suggested the City’s property valuation roll, which is currently open for...
The eThekwini Municipality has written off more than R500 million in debt from deceased estates. Picture: Independent Newspapers Archives Close to half a billion rand in debt owed by deceased estates has been written off by the eThekwini Municipality. The mayor stated that thousands of people have applied through the deceased estate debt write-off programme and had their debts written...
Cape Town - The Milnerton Ridge Ratepayers Association (MRRA) has called on the City of Cape Town to investigate claims that a plan for two separate residential properties were approved without engagement from neighbours who may be affected by changes to privacy, noise, air pollution from an open braai area, and security concerns. Ané Janse van Rensburg, chairperson of the MRRA, told the Cape...
The ability of municipalities to provide the required level of infrastructure and service delivery directly impacts the performance of the property sector, says Harcourts South Africa.In a response to an “Independent Media Property enquiry”, the estate agency’s CEO Richard Gray, said if municipalities continue to fail in this respect, it will directly impact the value of properties, affordability and...
The ability of municipalities to provide the required level of infrastructure and service delivery directly impacts the performance of the property sector, says Harcourts South Africa.In a response to an “Independent Media Property enquiry”, the estate agency’s CEO Richard Gray, said if municipalities continue to fail in this respect, it will directly impact the value of properties, affordability and...
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...
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