Rates Watch Newsletter 2024/2

Moving into the second half of 2024

As we move into the second half of 2024, President Ramaphosa has finalised the cabinet for the new Government of National Unity. We echo the gratitude of many South Africans that the national elections themselves went smoothly. We hope that the changes in government will in turn filter through to local government structures, where there is (in many cases) a dire need for reform. There are currently many municipalities struggling to manage property valuation rolls and processes effectively. Changes will no doubt take time, but we are hopeful that they will take place.

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