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Public Finance – the Life Blood of our Cities?

19 November, 2018 @ 3:00 pm - 5:00 pm SAST

Bushbuckridge mayor embarks on debt collection exercise

“The municipality has disclosed that it is owed R1 billion in unpaid municipal services such as water supply, refuse removal and property rates.” – Mpumalanga News, 1 October 2018

 

Heads Roll Amid VBS Municipal Probe

“Cooperative Governance and Traditional Affairs (Cogta) Minister Dr Zweli Mkhize says several municipal officials have been suspended and in some instances, charged with fraud in relation to investments made in VBS Mutual Bank.”  – AllAfrica.com 23 October 2018

 

Join African Centre for Cities on Monday, 19 November 2018, from 15:00 to 17:00 for a lecture by Dr Matthew Glasser on public finance. 

Across the globe, there is increasing emphasis on the role of cities and local government in delivering services, meeting the Sustainable Development Goals, addressing climate change, and equalizing opportunity. These assigned roles do not often translate into reality. Many South African municipalities are failing to provide effective services to their residents. Part of the reason for this are the regular financial crises which local governments face. Importantly, South Africa is one of very few countries in the world that has specific legislation intended to resolve fiscal problems at the municipal scale.  This legislation is little known and little used.

In 2000-2003, Dr Matthew Glasser helped develop the legislation regarding financial problems in municipalities, as reflected in Section 139 (as amended) of the Constitution, and Chapter 13 of the Municipal Finance Management Act.  For the last two years, he has been working with National Treasury to take stock of the implementation of those provisions over the intervening 15 years.

At this seminar, we will discuss the legal and regulatory framework that was developed to deal with financial emergencies in South African cities; review the experience to date with implementation of that framework; and reflect on the ways in which South Africa’s social and political context shapes local implementation. Glasser will discuss the genesis of the legislation, the divergence between legal framework and actual implementation, and the important Emalahleni litigation related to fiscal intervention in municipalities, which has set an important precedent in South Africa.  There will be ample time to discuss the fiscal challenges of South African local and city government, following the lecture.

WHEN: Monday, 19 November 2018

TIME: 15:00 to 16:30

VENUE: Studio 1, Environmental and Geographical Science Building, Upper Campus, UCT

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Date:
19 November, 2018
Time:
3:00 pm - 5:00 pm SAST
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Studio 1
Environmental and Geographical Sciences Building, Upper Campus, UCT
Cape Town, South Africa
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