Sandton City disputes R158m City of Joburg debt

Sandton City entrance on Rivonia Road.File Picture: Karen Sandison/African News Agency (ANA)

Sandton City entrance on Rivonia Road.File Picture: Karen Sandison/African News Agency (ANA)

Published Feb 17, 2022

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Pretoria - Management at the Sandton City disputed claims that the centre owes the City of Joburg over R158 million in unpaid rates and taxes, saying that its accounts are all up to date.

The mall also said that services have not been disconnected by the municipality.

“Sandton City's municipal accounts are all up to date except that there is currently a dispute with the City of Johannesburg regarding the rates and taxes for the centre,” said general manager at Sandton City & Nelson Mandela Square, Preston Gaddy.

Gaddy said the centre and the City have agreed to hold over legal proceedings instituted by the City of Johannesburg in respect of outstanding rates and taxes.

The proceedings are “pending the finalisation of the Valuation Appeal Board hearing to determine the correct valuation of Sandton City for rates purposes,” Gaddy added in a statement.

Gaddy said the centre is trading as normal.

On Wednesday, Johannesburg Mayor Mpho Phalatse, together with her entourage, invaded Sandton in an effort to claw back some of the R38bn owed to the City.

The mayor said the biggest debt belonged to Sandton City, which allegedly owed over R158m.

Phalatse said that a pre-termination notice had been issued to businesses around Sandton earlier in February to settle their debts, should they fail to settle the debts within 14 days, the City would take action.

— City of Joburg (@CityofJoburgZA) February 16, 2022

The City of Joburg’s action comes after the City of Tshwane embarked on an aggressive approach in recouping funds, collecting over R300m owed to them by businesses, government departments, state owned companies and others.

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