Original Research

Changing approaches to financing and financial management in the South African local government sector

D Sing
South African Journal of Economic and Management Sciences | Vol 6, No 4 | a1526 | DOI: https://doi.org/10.4102/sajems.v6i4.1526 | © 2003 D Sing | This work is licensed under CC Attribution 4.0
Submitted: 15 December 2003 | Published: 15 November 2003

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D Sing, UKZN

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Abstract

Sections 152 and 153 of the Constitution of the Republic of South Africa, 1996 (Act 108 of 1996) have given local government a developmental mandate. Local government has a constitutional obligation to participate in national and provincial development programmes. Local government should become a powerful development catalyst in collaboration with other spheres of government, the non-governmental sector and the local citizenry. It has to address social, economic and infrastructural backlogs and inequalities in a stable and sustainable manner to ensure developmental outcomes are reached. Different financing and financial management policies, strategies, structures, processes and procedures have to be instituted with a view to transformation and innovation. Constant and consistent monitoring, analysis and evaluation of these policies, strategies structures, processes and procedures should ensure these constitutional imperatives.

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