In South Africa, the Municipal Regulations on a Standard Chart of Accounts (mSCOA) is a regulation that seeks to troubleshoot financial challenges.
The law states it is municipalities that should provide electricity to ratepayers and not Eskom, so why is the state-owned power utility the one in the power seat? asks Alex Mabunda Group CEO at Ntiyiso Consulting.
Ntiyiso Consulting group chief advisor Andisa Ramavhunga indicated that business processing allows companies and organisations to have an upper hand against their competitors.
Given that municipalities should essentially operate like any business that sells services and products, attracting new business, while stemming the exodus of existing business, should be one of the main goals that municipalities pursue.
Finance and Policy
To achieve their constitutional objectives, municipalities must generate revenue from municipal services to fund the majority of their budget. This report analysis the data.