Cape Town Finance

Cape Town ratepayers, prepare for the rate hike

Through Bulelwa Payi Apr 4, 2021 Share this article: ShareTweetShareShareShareE-mailShare Cape Town – Faced with economic hardship, Cape Town taxpayers will now have to pay more for the rates proposed in the new budget. Cape Town’s R56.48 billion budget proposal for fiscal year 2021/22 will now be made public after …

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Highest home sales in Nantucket could help finance affordable housing

BOSTON – With support from Beacon Hill, Nantucket is looking to collect fees on sales of its most expensive properties to help increase the island’s affordable housing stock and help residents year round. State Representative Dylan Fernandes, D-Woods Hole and State Senator Julian Cyr, D-Truro, are co-sponsors of a bill …

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R200 billion loan guarantee program attracts fewer takers than expected

Through Mayibongwe Maqhina March 23, 2021 Share this article: ShareTweetShareShareShareE-mailShare Cape Town – Finance Minister Tito Mboweni said the R200 billion loan guarantee program fell short of his original expectations as fewer loans than expected were approved by banks and taken over by of eligible small businesses. Mboweni said 13,173 …

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