Jwaneng council owed over P9m
Tuesday, February 21, 2017
Furthermore, service levy and interest-free building material loan arrears currently stand at over P417,000 and P820,000 respectively. In 2015 the council resolved to take legal action against plot owners in the town who failed to pay their rates and building material loans. Though that did not happen, it however acted as an awakening call to some plot owners who came forward to redeem themselves.
Rates and service levies are part of the council’s way of generating funds to finance other developments within the town. At that time, the legal threat carried a message that the legal expenses incurred by the council were going to be borne by defaulters, thus increasing capital debt and interest they owed.
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