06-07-2025
City of Tshwane surpasses revenue target, collecting R40. 5 billion
Tshwane's Deputy Executive Mayor and MMC for Finance, Eugene Modise, hailed the city's impressive achievement of collecting R40.5 billion in revenue for the 2024/25 financial year, reaching 98% of its target.
Image: Supplied
The City of Tshwane has achieved a major milestone, collecting R40.5 billion in cash revenue for the 2024/25 financial year - an impressive 98% of its R41.3bn target.
Deputy Executive Mayor and MMC for Finance, Eugene Modise, hailed the achievement as a testament to the city's commitment to financial sustainability, responsible governance, and enhanced service delivery.
According to him, June 2025 was a record-breaking month for Tshwane, with revenue collections exceeding the target by 106%.
He said the city collected R3.671bn, surpassing the R3.465bn target by R205 million. This surplus, he said, reduced the annual shortfall from R989m to R784m, bolstering the city's financial prospects.
'The City attributes part of this success to the implementation of an incentive scheme and amnesty programme, approved in February 2025 and launched from March to May 2025. The programme aimed to assist residents in settling their municipal accounts and regularising tampered or inactive services,' he said.
The programme saw at least 20,075 customers coming forward to normalise their tampered meters, 85,361 customers benefited from a R2.417bn debt write-off, 31,540 inactive accounts, totaling R1.835bn, were cleared and 1,076 customers with R154m in debt entered settlement agreements.
Modise said: 'The City extends its sincere gratitude to all paying customers and stakeholders. Your commitment and support have directly contributed to these results and enabled the City to deliver reliable and quality services across all regions of Tshwane.'
He acknowledged the exceptional efforts of city employees across various departments, including revenue, customer care, infrastructure, and waste management, who worked tirelessly to drive the success of these initiatives.
He encouraged residents experiencing financial challenges to visit the City to explore available assistance and payment options.
He also urged residents to use the customer care touch points or the e-Tshwane platform for account queries.
'Paying for municipal services is both a civic duty and a vital contribution to the development of our shared future,' Modise said.
