Kaya 959 Kaya Biz

ITS MY HOUSE – Joburg ratepayers could cough up three times inflation rate with proposed property tariff hikes

Loading player...
GUEST – Ynnis Wilson - Head of Rentals & Randburg Branch Manager at Jawitz
The City of Johannesburg says the total value of its new property valuation roll is 12% more than the current roll. This could lead to ratepayers, in effect, paying three times the rate of inflation more. If the City of Johannesburg goes ahead with its proposed tariff hikes based on new property valuations, ratepayers could, in effect, be coughing up three times the rate of inflation more.
18 Apr 2023 4PM English South Africa Business News · Investing

Other recent episodes

BofA Slashes SA Growth Forecast as Inflation Surges

Bank of America has cut South Africa’s 2026 GDP growth forecast to 1.3%, warning that higher oil and fertilizer prices will keep inflation above 4% for most of the year. Economist Tatonga Rusike explains
23 Apr 3PM 11 min

Understanding SA’s First Wealth Score

Franc unveils South Africa’s first-ever Wealth Score, revealing that financial habits—not income—are the strongest predictor of financial health. We unpack why SA’s national score is 45/100 and the behavior gap between knowing and doing with Dr. Thomas Brennan, founder and CEO of Franc.
23 Apr 3PM 13 min

Clicks Lifts HEPS 8% Despite Warehouse Disruptions.

Clicks delivered firm interim results with diluted HEPS up 8.1%, even as warehouse system delays cost an estimated R175 million in lost sales. CEO Bertina Engelbrecht discusses pharmacy growth, trading margins, and festive‑season competition.
23 Apr 2PM 16 min
All episodes