Covid-19
Cape Town landlords ask government to freeze rates and taxes
Commercial property owners say the city should freeze or at least ease rates and taxes
06 April 2020 - 05:05
Property landlords are calling on the state to freeze rates and to provide tax relief. These would help them conserve cash so they can help their tenants survive the 21-day Covid-19 national lockdown and its after effects.
Commercial property owners, which are struggling through a recession and will not be able to pay dividends or to buy real estate in 2020, are instead turning their focus to managing debt and paying staff...
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