Rates hikes have no foundation: iLIVE

Things are going crazy with rates evaluations probably everywhere in South Africa. Houses in our gated community have appreciated by 28.34% over the last year, even though the services our municipality provides are exactly the same.Our roads continue to deteriorate and our electricity costs skyrocket.

Economist Mike Schüssler tweeted on Tuesday the average employee at the power utility earned R789‚000‚ according to Eskom’s annual report for 2017.
Economist Mike Schüssler tweeted on Tuesday the average employee at the power utility earned R789‚000‚ according to Eskom’s annual report for 2017. (Mark Wessels)

Things are going crazy with rates evaluations probably everywhere in South Africa.

Houses in our gated community have appreciated by 28.34% over the last year, even though the services our municipality provides are exactly the same.

Our roads continue to deteriorate and our electricity costs skyrocket.