R7bn debt owed to City of Cape Town impacts on services
(World News South Africa)

Cape Town - The City of Cape Town is owed more than R7billion as at the end of December last year by individual and business ratepayers. The bulk of the outstanding debt is divided between residential properties (R5.561bn) followed by business properties ( R1.518bn), with other outstanding debt amounting to R833m. The City also said that the total amount of arrears, as of December 31, stood at R5.554bn. Mayco member for finance and deputy mayor Ian Neilson said:...