Gareth Cliff: The R40 Billion Hole & The Land That Pays No Taxes

In this report, Gareth Cliff scrutinizes eThekwini Municipality's debt relief program, which the
city claims recovered R1 billion. Cliff argues this is a failure, as it is only a fraction of the
city's R40 billion debt. He highlights how the program offered a "sweetheart deal" to serial
defaulters while giving "nothing" to those who pay their bills on time. The video also exposes
a deeper issue: the Ngonyama Trust, which owns a third of the land in the Durban area,
does not pay rates or taxes, contributing to the city's revenue crisis.

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Видео Gareth Cliff: The R40 Billion Hole & The Land That Pays No Taxes канала Truth Report