The MIBCO Governing Board has approved an increase of 6% in the Council Levies payable to Mibco with effect from July 2015.
The new increased Council Levy will reflect on the July 2015 forecast and will be effective from 29 June 2015.
The new Council Levy payable is as follows:
Employer portion per week: R2.65
Employee portion per week: R2.65
Total weekly contribution: R5.30