US EditionHow to qualify for the City’s R2.2 billion debt write-off initiative
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How to qualify for the City’s R2.2 billion debt write-off initiative
The City of Cape Town has introduced a debt relief initiative as part of its 2025/26 budget, writing off approximately R2.2 billion in old municipal debt for qualifying residents and organisations. The initiative aims to assist those financially affected by economic pressures while aimed at supporting long-term revenue sustainability. To qualify for the debt write-off, municipal debt must date back to 30 June 2024 or earlier. Eligible applic…
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