Latest news with #R40.5
The Star
5 days ago
- Business
- The Star
City's warning to residents: Don't use unofficial 'runners' when seeking help at municipal offices
The City of Tshwane has warned residents not to pay officials or make use of unofficial 'runners' when visiting its offices to attend to municipal accounts issues. Pleased with the figures showing it successfully collected R40.5 billion in cash revenue for the 2024/25 financial year, achieving an 'impressive' 98% of its funding plan target of R41.3 billion. The City sent out a statement updating residents and thanking them for their contribution. The City said June marked a record-breaking month with revenue collections reaching 106% of the monthly target. The City collected R3.671 billion, surpassing a target of R3.465 billion, further strengthening the City's financial outlook. Part of the success was attributed to the implementation of an incentive and amnesty campaign to help residents struggling with accounts payments running from March to May. Residents were assisted in settling their municipal accounts debts and regularising tampered meters and other services issues. A total of 20,075 customers came forward to normalise their meters while 85,361 benefited from a R2.417 billion debt write-off. Additionally, 31,540 inactive accounts totalling R1.835 billion were cleared, and 1,076 customers with R154 million in debt entered into settlement agreements with the municipality.
IOL News
5 days ago
- Business
- IOL News
City's warning to residents: Don't use unofficial 'runners' when seeking help at municipal offices
A legal battle looms for later this month over the City of Tshwane's special "cleansing" levy, where households not using the municipal bin services will face paying a special levy. Other than this challenge, things are looking positive for the City's drive to improve revenue collection and the management of finances that are key to service delivery. Image: File The City of Tshwane has warned residents not to pay officials or make use of unofficial 'runners' when visiting its offices to attend to municipal accounts issues. Pleased with the figures showing it successfully collected R40.5 billion in cash revenue for the 2024/25 financial year, achieving an 'impressive' 98% of its funding plan target of R41.3 billion. The City sent out a statement updating residents and thanking them for their contribution. The City said June marked a record-breaking month with revenue collections reaching 106% of the monthly target. The City collected R3.671 billion, surpassing a target of R3.465 billion, further strengthening the City's financial outlook. Part of the success was attributed to the implementation of an incentive and amnesty campaign to help residents struggling with accounts payments running from March to May. Residents were assisted in settling their municipal accounts debts and regularising tampered meters and other services issues. A total of 20,075 customers came forward to normalise their meters while 85,361 benefited from a R2.417 billion debt write-off. Additionally, 31,540 inactive accounts totalling R1.835 billion were cleared, and 1,076 customers with R154 million in debt entered into settlement agreements with the municipality. Video Player is loading. Play Video Play Unmute Current Time 0:00 / Duration -:- Loaded : 0% Stream Type LIVE Seek to live, currently behind live LIVE Remaining Time - 0:00 This is a modal window. Beginning of dialog window. Escape will cancel and close the window. Text Color White Black Red Green Blue Yellow Magenta Cyan Transparency Opaque Semi-Transparent Background Color Black White Red Green Blue Yellow Magenta Cyan Transparency Opaque Semi-Transparent Transparent Window Color Black White Red Green Blue Yellow Magenta Cyan Transparency Transparent Semi-Transparent Opaque Font Size 50% 75% 100% 125% 150% 175% 200% 300% 400% Text Edge Style None Raised Depressed Uniform Dropshadow Font Family Proportional Sans-Serif Monospace Sans-Serif Proportional Serif Monospace Serif Casual Script Small Caps Reset restore all settings to the default values Done Close Modal Dialog End of dialog window. Advertisement Next Stay Close ✕ Ad loading '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,' Deputy Executive Mayor Eugene Modise said in a statement. He warned residents against the illegal use of services and tampering with infrastructure, which are criminal offences and undermine service delivery. Residents experiencing financial challenges were encouraged to visit the City to explore available assistance and payment options, but the City warned them against paying municipal employees and using unofficial 'runners' for assistance. Just over a month ago, Modise hailed the passing of the Metro's first fully-funded budget in years as a 'turning point' for the City's finances and service delivery capabilities. In the last financial year the City has been on a drive to turn around its finances – which were in a dire state due to theft and nonpayment for services and governance issues. While revenue collection has improved, there are still some issues, including the controversial cleansing levy – part of the 2025/26 budget - that has been taken to court.
IOL News
06-07-2025
- Business
- IOL News
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.
The Citizen
03-07-2025
- Business
- The Citizen
‘Clear sign of financial discipline' – Tshwane collects R40.5bn in revenue
The City of Tshwane collected R40.5 billion in 2024/25, reaching 98% of its revenue target. The City of Tshwane has announced a major financial milestone, collecting R40.5 billion in revenue during the 2024/25 financial year, 98% of its annual funding target of R41.3 billion. Deputy mayor Eugene Modise described the achievement as a 'clear sign of growing civic cooperation and financial discipline' within the capital. 'This significant achievement reaffirms Tshwane's commitment to financial sustainability, responsible governance, and improved service delivery to all communities,' said Modise. Record-breaking June for the Capital June 2025 proved to be a standout month, with revenue collections reaching 106% of the monthly target. The city collected R3.671 billion, surpassing the R3.465 billion goal by R205 million. This monthly surplus helped reduce the city's projected annual shortfall from R989 million to R784 million. Programme drives results Part of the success has been attributed to an Incentive Scheme and Amnesty Programme introduced in March and running through May. The initiative offered residents opportunities to settle arrears, correct irregularities and re-activate dormant services. Key results from the programme include: 20 075 customers came forward to normalise tampered meters. 85 361 customers benefited from a R2.417 billion debt write-off. 31 540 inactive accounts worth R1.835 billion were cleared. 1 076 customers with R154 million in debt entered into settlement agreements. ALSO READ: Tshwane officials arrested for theft of transformer in Laudium Residents and employees recognised Modise expressed gratitude to Tshwane residents and city employees for their collective role in improving the metro's financial position. '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 said. He also praised city staff across various departments, including customer care, infrastructure, and waste management, for their 'tireless' efforts. ALSO READ: Tshwane to consider demolishing houses in illegal developments Call for continued partnership Residents were reminded to avoid illegal connections, which are a criminal offence, and to report tampering. The City also encouraged residents facing financial challenges to use official channels, such as the e-Tshwane platform and Customer Care Touch Points. 'Paying for municipal services is both a civic duty and a vital contribution to the development of our shared future,' said Modise. NOW READ: Tshwane goes to court in bid to douse volunteer firefighting services
