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Councils in catch-22 over debt discounts

FOR the past three years, local authorities across the country have been giving their various debtors discounts ranging between 30 and 50 percent. The discounts, according to the mayors and chairpersons of the councils, were meant to entice ratepayers to settle their ballooning debts. [GoogleAd] The trend was popularised after the disastrous debt write-off of…

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