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MORE RELIEF: City of Joburg increases 50% debt-rehabilitation property value cap


MORE RELIEF: City of Joburg increases 50% debt-rehabilitation property value cap
29 April 2021 9:54 PM
Debt-rehabilitation programme
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Finance MMC Jolidee Matongo says the move from R600,000 to R1.5-million is to encourage people to pay and boost city s liquidity.
Eyewitness News has reported that the City of Joburg has approved a debt-rehabilitation programme that includes additional relief measures for ratepayers amidst the ongoing COVID -19 pandemic.
The new programme policy includes an increase in the qualifying property value from R600,000 to R1.5 million.
This follows calls from residents for the city to review the terms and conditions of the initial relief programme, which was first launched in 2019. ....

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