Tag: municipal rates
Unlock potential savings
City of Joburg and Cape Town property owners, time is running out – check the market value of your property. If you’re a ratepayer in Jozi or the Mother City, you may have heard that the deadlines for municipal valuation objections are looming.
The clock is ticking for Jozi ratepayers
City of Johannesburg’s property owners need to check the market value of their properties before 31 March – or they may end up overpaying. Municipalities publish a General Valuation Roll, every five years, that property owners can inspect and object to if the municipal value of their property is higher than the market value.
Rate hikes – owner and tenant options?
While South Africans continue to grapple with the economic pressure of ongoing lockdown restrictions combined with the aftermath of looting and riots, residents of Durban, Cape Town and Johannesburg are also feeling the impact of municipal rate hikes.
More dovish MPC kept repo rate at 3.5%, effect of riots...
Despite perceiving the overall risks to CPI as on the upside, all five members of the Monetary Policy Committee (MPC) decided to keep the repo rate unchanged at 3.5%. The repo rate has been on this level since 23 July 2020.
