Tshwane coalition confident of reaching 93% revenue collection target

JOHANNESBURG - The multiparty coalition government in Tshwane is confident it will reach its target of 93% revenue collection.

The coalition recently tabled the city’s first funded budget in four years.

This means that since 2021, the capital’s estimated revenue has been more than its expenditure.

The budget estimates the city’s revenue collection rate to be 92.8%, however, opposition parties said this was unattainable since the municipality’s rate usually hovered just under 90%.

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Speaking at a media briefing on Wednesday, Tshwane Mayor Nasiphi Moya said the municipality had started putting revenue protection measures in place, like cutting water and electricity losses.

"The estimate is based on our performance in the past two quarters. In fact, we wanted to go for 95% but in fact we realised that was too ambitious, let’s rather be conservative and use the performance of the city in the past six months."