The City of Cape Town has announced an increase in municipal rates and taxes for the next financial year.
Electricity will increase by 9.5%, water, sanitation and refuse will go up by 5% and property rates by 5.2%.
All the hikes will come into effect in July, and residents can start submitting comments.
Cape Town Mayor, Geordin Hill-Lewis, says there’s assistance for struggling Capetonians.
“Our social package today amounts to R3.75 Billion. Which includes R1.4 Billion in rates rebates and R2.3 Billion for indigent relief and free basic services. This will ensure that Cape Town continues to have the broadest free basic services reach of all of South Africa’s metros – with 40% of our households receiving free basic water and sanitation.” – Geordin Hill-Lewis, Mayor of Cape Town
