High Court Sets Aside Valuation of Properties in Msunduzi Municipality CBD, Resulting in Financial Loss
The High Court in Pietermaritzburg recently set aside the valuation of properties in the Msunduzi Municipality Central Business District (CBD), resulting in a significant financial loss for the municipality. The court ruled that the valuations were not based on the correct market value of the properties, and that the municipality had not followed the correct procedures when assessing the value of the properties.The Msunduzi Municipality CBD is an important economic hub for the city, with many businesses and residents relying on it for their livelihoods. The municipality is responsible for