According to an analysis of each metro’s 2024/25 draft budgets, the City of Cape Town has the lowest property rates for commercial, industrial and residential properties. Also read: Expert insights into semigration to the Western Cape The cent-in-rand rate is a statutory formula that municipalities use to calculate property rates. The formula calculates how much a person would pay in rates … Continue reading Cape Town offers best property rates of SA’s cities for 2024/25