Management at one of SA’s largest super-regional malls, SandtonCity, have refuted the CityofJoburgZA’s (CoJ) claims that the centre owes the city R158 million in unpaid rates and taxes, saying that its accounts are all up to date. Moneyweb Property
Management at one of SA’s largest super-regional malls, Sandton City, have refuted the City of Joburg’s claims that the centre owes the city R158 million in unpaid rates and taxes, saying that its accounts are all up to date. This comes after the centre, which is jointly owned by insurance giant Liberty Holdings, listed property counter Liberty Two Degrees and private property group Pareto, was served with a ‘pre-termination notice’ of services from CoJ at the weekend.
There's over R38b in municipal debt that is owed to the City, the biggest debt belonging to Sandton City of R158m #BuyaMthetho #IcareIpay #JoburgCares ^NJ pic.twitter.com/Tybum5Q35X — City of Joburg February 16, 2022 According to CoJ, poor payment behaviour by its ratepayers is partly to blame for some of the city’s service delivery issues. The decision to embark on this ‘name and shame’ campaign was thus fuelled by the city’s need for funding to effectively, fix its ‘broken’ parts.
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