Fixing local government finances key to better municipal services
Strengthening the municipal revenue value chain and reinforcing financial discipline will be critical to ensuring that municipalities can fulfil their service delivery mandates and advance South Africa’s broader development goals.
The outcomes include improved cash flow and liquidity, reduced reliance on grants, increased financial sustainability, better service delivery, reduced irregular expenditure, healthier balance sheets, and greater capacity to fund essential infrastructure and services.
At a recent Nedbank Public Sector Roundtable on strengthening municipal financial performance, these municipalities shared how they improved revenue collection, tightened credit control measures, reduced revenue leakages, and implemented systems that deliver measurable results.
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