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KZN owed R8.4 billion by residents Residents in KwaZulu-Natal owe their municipalities R8.4 billion and 34.4% of this amount is for unpaid property rates from errant property owners. City-slickers escape to Drakensberg High crime levels and the frenetic pace of city life are behind a growing number of enquiries for permanent homes in and around the central Drakensberg locale. Capital gains tax in South Africa: What you need to know In South Africa, Capital Gains Tax (CGT) applies to the disposal of various types of assets, including immovable property.

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