State of City Finances report revealed most lower-income households pay a greater share of their income towards tariffs than those with higher incomes
Cape Town - Municipalities across South Africa have been lashed in a new report by NGO SA Cities Network. Releasing the “people’s guide” to its State of City Finances report, the network said the key focus was the impact on consumers of increased electricity and water tariffs, amid all-round rising costs.
The Socio-economic Rights Institute of SA’s Kelebogile Khunou said: “On top of that, there are also administrative costs that the City enforces.” Electricity is a major component of municipal finance - the surplus from electricity sales is the largest own-revenue source for cities after property rates, according to SA Cities Network.
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