14.5 C
Cape Town
Tuesday, June 23, 2026

How to qualify for the City’s R2.2 billion debt write-off initiative

Published on


Add Smile FM on Google

 

 

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 applicants must enter into a six-month payment arrangement to settle any remaining debt. Failure to stick to the payment plan will result in the write-off being reversed.

 

Qualifying beneficiaries include:
  • Households in financial distress
  • Places of worship
  • Old age homes and shelters
  • Non-profit and public benefit organisations
  • Youth development organisations
  • Community museums, cemeteries, and similar institutions

 

“The City is committed to helping residents through difficult times while encouraging responsible account management,” said Councillor Siseko Mbandezi, Mayoral Committee Member for Finance.

 

Additional relief measures in the 2025/26 budget include:
  • Rates-free threshold increased to R450,000 for homes valued up to R7 million
  • Expanded access to rebates for pensioners and social grant recipients
  • Lower water and cleaning charges for mid-range properties
  • Lifeline electricity customers still benefit from stable pricing and free units

 

READ MORE: City of Cape Town/Qualify for City’s debt relief initiative

 

Residents can check eligibility by contacting the City via:

 

Residents can also refer to the contact details below for other related enquiries:

Latest articles

City’s MyCiTi Expansion Brings Visible Changes to Mitchells Plain Corridor

 Residents of Mitchells Plain are beginning to see long-awaited change becoming reality, as the first red MyCiTi bus lanes now cut through AZ Berman...

Two Suspects Face Human Trafficking Charges Following Hawks Operation

 The fight against human trafficking in the Western Cape received a major boost this week after the Hawks' Economic Protected Resources Unit in Bellville,...

IEC Ready for Voter Registration Weekend on 20 and 21 June

 The Electoral Commission of South Africa (IEC) says it is fully prepared to welcome eligible voters to registration stations across the country this weekend,...
error: Content is protected !!