Tshwane's property rates set to surge in 2025/26 financial year

The DA in Tshwane has warned that the Metro is poised to increase its income from property rates significantly in the 2025/26 financial year.The party recently suggested the City’s property valuation roll, which is currently open for review, has caused great unhappiness amongst residents as in many cases property valuations have doubled.Member of the Mayoral Committee for Finance Eugene Modise said the city has completed the process to re-evaluate properties to levy property rates and the new tariffs will come into effect from July 1, 2025.He urged residents to carefully review their updated property valuations and, if necessary, submit objections if they believe the new values do not accurately reflect the property's market value as of the valuation date.“This is meant to ensure that property owners are not price-gouged if there have been changes to the value of their property,” Modise said.The DA finance spokesperson, Jacqui Uys, revealed on Monday during a media briefing in Pretoria...