City of Cape Town owed R610m by tenants | Cape Argus

Cape Town – According to the City’s Financial Monitoring Report for June this year, the department collected R531m less from all its rental stock - which is a 37.1% under-recovery for the year to date.

“As a landlord, the City has the responsibility to maintain and upgrade its rental stock. To this end tenants are required to pay their rent diligently” “Our particular focus remains on those who have the means to pay, but who simply refuse to. There are various factors that influence the non-payment of rental - the inability to pay as a result of the worsening economic climate, unemployment and those who simply refuse to pay.

“This is one way we can be a caring city. We will, however, not tolerate non-payment by those who can pay, but refuse to do so. The City has spared no effort to ensure that tenants pay their rent,” he said.

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