Durban municipality owed R5.7 billion in rates

By Drum Digital
06 June 2012

KwaZulu-Natal finance MEC Ina Cronje announced that Durban was owed at least R5.7 billion, mostly in outstanding rates and water bills, the Mercury reported on Wednesday.

Cronje said eThekwini had the highest total outstanding debt, followed by Umgungundlovu with a debt of R1.4 billion, Amajuba R770.3 million and Uthukela R625.6 million.

The R5.7 billion owed to the eThekwini municipality was part of a larger total of R10.2 billion in outstanding debt owed to 58 municipalities around the province.

According to the Mercury, 75 percent of the total debt had been outstanding for more than three months in all KwaZulu-Natal municipalities.

"This debt may be irrecoverable and may have to be subsequently written off," Cronje was quoted as saying in the paper.

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