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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. Is now the time to buy? Rate cuts boost housing demand The housing demand and prices have already started to rise in response to the two interest cuts announced last year, and that this trend will no doubt be further fuelled by the 0,25% cut announced this week.

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