Municipal authorities in the City of Johannesburg have warned thousands of defaulting residential property owners and businesses that they face blacklisting if they fail to settle their debts, which collectively amount to over R40 billion.
With a mounting municipal debt exceeding R52 billion, the city has launched aggressive credit control campaigns to tackle the issue head-on.
City CFO vows action on defaulting businesses and property owners
Tebogo Moraka, the Group Chief Financial Officer, emphasised the city’s commitment to recovering the outstanding funds, stating,…
