It explained that there is a direct correlation between South Africa’seconomyand the property market.
Commercial and residential sectors have a close relationship with the economy,businessand investor confidence.
This is due to double-digit increases in charges from the municipal level.
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Chief Executive Officer from TP Michelle Dickens stated that the quality of services of the municipality shows a deterioration.
The statement continued by revealing that significant financial issues still existed for the Office Sector.
31 March, 2017 marks the last time SAA audited financials for the end of the year.
TPN Credit Bureau has warned South Africans about the rise in rates. Image: Florian Gaertner/Photothek and Thomas Trutschel/PhotothekSource: Getty Images
The Auditor-General failed to complete any audits during the business rescue process.
Draft financial statements for the years 2018 and 2019 were sent toParliamentin 2020 by the BRPs.
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Source: Briefly News
Reeshni ChettyReeshni Chetty is a senior current affairs reporter.
Reeshni has a passion for breaking the stigma surrounding mental health issues.
