On February 15 I received an e-mail of what appeared to be my municipal rates bill from the City of Johannesburg. Imagine my surprise, and then absolute delight, to discover it was in fact a notice informing me that my property had been revalued from R2,060,000 to R2,911,000. That is a rise of R851,000, or 41,3% in value. Not only was this windfall unexpected, but the city effected this without sending a qualified valuator to my home. So, hats off to Herman Mashaba, who can perform the miracle of creating overnight wealth for ratepayers. Neil McCafferty Sandton

BL Premium

This article is reserved for our subscribers.

A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.

Already subscribed? Simply sign in below.

Questions or problems? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now