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Big shift for property owners as Cape Town lowers rates formula by 10.2%

Summary by CapeTown ETC
The City will propose a 10.2% reduction in the residential rate-in-rand after the General Valuation 2025, the municipality said on 19 February 2026, putting the rate-in-rand at an indicative 0,006428 pending budget finalisation. Cape {town} Etc Discount Alert! Unlock Cape Town’s best experiences for half the price! From unforgettable adventures to hidden gems and mouthwatering restaurants, these limited-time deals won’t last long. Snag your disc…
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CapeTown ETC broke the news in on Thursday, February 19, 2026.
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