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City Of Johannesburg has extended its debt rehabilitation programme

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The City of Johannesburg has extended its Debt Rehabilitation Programme from 1 March until 30 June 2022.
The relief measures were initially introduced in May 2021 and are designed to ease the financial burden on ratepayers amidst the ongoing Covid-19 pandemic. The city said that the program aims to assist financially distressed ratepayers and defaulting customers to bring their arrears municipal accounts up to date.
“Successful applicants will receive a 50% immediate debt write-off,” the city said. The balance of the debt will be divided into thirds of which one third will be written-off each year for three years – the duration of the debt rehabilitation program.
“The debt remains written off provided the customer complies with all the conditions of the program. Residential customers, small businesses, faith-based organizations or places of worship (churches, mosques, synagogues, etc) and non-profit organisations (NGOs) are all eligible to apply.”
1 Mar 2022 3AM English South Africa Business News · Investing

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