The City of Cape Town has approved a substantial R2.2bn debt write-off for qualifying residents in its 2025/26 budget to provide economic relief and improve the metro’s financial sustainability.
Despite achieving a high annual collection ratio of 97.83% as of 30 June 2025, the City recognises the need to assist residents facing financial hardship. The write-off applies to municipal debts outstanding up to 30 June 2024.
Eligible beneficiaries include owners of residential properties valued between R450,000 and R7.5m. Additionally, the relief extends to indigent households with zero property valuation, income-based indigent customers, pensioners, social-grant recipients, and various community-focused institutions such as cemeteries,…