https://www.polity.org.za
Deepening Democracy through Access to Information
Home / News / South African News RSS ← Back
Close

Email this article

separate emails by commas, maximum limit of 4 addresses

Sponsored by

Close

Article Enquiry

DA-led Tshwane council writes off almost R400m debt for poor

Close

Embed Video

DA-led Tshwane council writes off almost R400m debt for poor

Tshwane Mayor Solly Msimanga
Tshwane Mayor Solly Msimanga

29th January 2018

By: African News Agency

SAVE THIS ARTICLE      EMAIL THIS ARTICLE

Font size: -+

The multi-party council running Tshwane municipality under the leadership of the Democratic Alliance (DA) party said on Monday it was writing off nearly R400-million in irrecoverable debt owed by the poor.

DA Mayor Solly Msimanga said the move was in line with his commitment after assuming office to address the plight of poor residents and stabilise the finances of Tshwane, which incorporates South Africa's capital Pretoria.

Advertisement

"This administration has, as at the last meeting of council, agreed to write off R371 140 786.13 in irrecoverable debt for the indigent residents across the city of Tshwane who continue to suffer under the weight of being unable to afford their municipal accounts," he said.

The write-offs included unpaid bills for electricity, property rates, sanitation, waste management, as well as interest and value added tax, Msimanga said.

Advertisement

This was in addition to the R754-million deemed irrecoverable debt that the council had elected to hold in abeyance for a period of 12 months pending possible write-off.

"The write-off of the debt will be done on the condition that the residents affected begin paying for the monthly levies for municipal services provided to them by the city," said Msimanga.

"This is designed to encourage the residents ... to take responsibility and start being conscientious rate payers while also rehabilitating the debtor book."

He said 50 percent of the debt would be written off if the residents paid their current account in full for a period of 6 months and the other 50 percent if payment was received in full for another 6 months.

EMAIL THIS ARTICLE      SAVE THIS ARTICLE

To subscribe email subscriptions@creamermedia.co.za or click here
To advertise email advertising@creamermedia.co.za or click here

Comment Guidelines

About

Polity.org.za is a product of Creamer Media.
www.creamermedia.co.za

Other Creamer Media Products include:
Engineering News
Mining Weekly
Research Channel Africa

Read more

Subscriptions

We offer a variety of subscriptions to our Magazine, Website, PDF Reports and our photo library.

Subscriptions are available via the Creamer Media Store.

View store

Advertise

Advertising on Polity.org.za is an effective way to build and consolidate a company's profile among clients and prospective clients. Email advertising@creamermedia.co.za

View options
Free daily email newsletter Register Now