An evaluation of treasury oversight and budget under-spending in selected Eastern Cape Provincial Departments
- Authors: Daniels, Nokuthula
- Date: 2015
- Subjects: Expenditures, Public , Legislative auditing -- South Africa -- Eastern Cape , Fiscal year -- South Africa -- Eastern Cape
- Language: English
- Type: Thesis , Masters , MPA
- Identifier: http://hdl.handle.net/10948/3265 , vital:20418
- Description: The investigation of this study focused on the ability of provincial government departments in South Africa to spend allocated revenues on activities adequately, with a direct bearing on social and economic development. The research presents an analysis of two selected Eastern Cape Provincial Government departments’ expenditure for a three-year timeframe (the fiscal years from 2009–2012), with a focus on the oversight role played by the Provincial Planning and Treasury department in instilling fiscal discipline in the provinces, and the potentially detrimental effect of under-spending on provincial service delivery. Among other things mentioned and discussed are, firstly, the fiscal policy; secondly, the funding of provincial departments; thirdly, the role and responsibilities of the Provincial Planning and Treasury department. The study adopted a qualitative methodology which focussed on the perspective of the insider who has experienced first-hand the activities or procedures under scrutiny in the selected provincial departments. Further, the qualitative researcher believed that first-hand experience provides the most meaningful data. In support of this, the respondents were asked twenty-two questions, the first five of which were based on the need to understand their personal particulars. A semi-structured questionnaire was distributed to 43 officials and 22 of those questionnaires were returned.
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- Date Issued: 2015
An investigation into the reasons for under budgeting on public housing projects within the Joe Slovo Township, Eastern Cape
- Authors: Mlonzi, Viwe
- Date: 2013
- Subjects: Housing development -- South Africa -- Eastern Cape , Community development, Urban -- South Africa -- Eastern Cape , Expenditures, Public , Housing policy -- South Africa
- Language: English
- Type: Thesis , Masters , MA
- Identifier: vital:9242 , http://hdl.handle.net/10948/d1021118
- Description: In the past years the government has been giving speeches and promises to South African Residents about housings for all but this is still a challenge. This is problematic for the township Joe Slovo in the sense that more than one third of the population live in small, unsafe shacks. It is evident that many suffer from the slow delivery of houses and many residents are affected negatively in the struggle for proper housing.
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- Date Issued: 2013
Management of capital expenditure for infrastructure programmes in the North-West Province
- Authors: Norgbey, Wisdom Selorm
- Date: 2013
- Subjects: Construction industry -- Capital investments , Infrastructure (Economics) -- Management , Expenditures, Public
- Language: English
- Type: Thesis , Masters , MSc
- Identifier: vital:9718 , http://hdl.handle.net/10948/d1021075
- Description: The need for programme management to align, coordinate and manage a portfolio of construction projects to deliver benefits that would not be achievable if the projects were managed independently in a turbulent economic environment, limitations of project management, and increasing stakeholder expectations cannot be over emphasised. In the construction industry, the implementation of programme management has been bedevilled with major challenges of which the North West Department of Public Works (DPW) CAPEX programme is no exception. The CAPEX programme has been noted for delivering fewer infrastructure projects as planned in terms of budget, time, and other expectations. The research documented in this treatise thus examined the existing programme management approach of the North West DPW CAPEX programme with respect to generally accepted standards and practices. A mixed research approach was used to identify problems such as delays in payment of works, poor reporting standards, improper planning of works, procurement difficulties, and inadequate management structures. The results point to excessive bureaucratic processes, improper information management systems and lack of commitment and ownership towards government works as the major underlying causes of the programme predicaments. Dogmatic implementation of government’s black economic empowerment policies and inadequate in-house capacity were also contributing factors. The research findings imply that effective processes should be laid for prompt payment of works certificates and invoices. Improved reporting standards and proper planning of the programme as a whole and its constituent projects is necessary for the attainment of stipulated goals. In particular, it is crucial to ensure that adequate management considerations in terms of capacity, infrastructure, structures and expertise are put in place while the procurement processes should be continually reviewed for programme success purposes.
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- Date Issued: 2013
Financial liberalisation and economic growth in South Africa
- Authors: Sibanda, Hlanganani Siqondile.
- Date: 2012
- Subjects: Economic development -- South Africa , Monetary policy -- South Africa , Finance -- Management , Capital movements -- South Africa , Free trade -- South Africa , Expenditures, Public
- Language: English
- Type: Thesis , Masters , M Com
- Identifier: vital:11471 , http://hdl.handle.net/10353/d1007131 , Economic development -- South Africa , Monetary policy -- South Africa , Finance -- Management , Capital movements -- South Africa , Free trade -- South Africa , Expenditures, Public
- Description: This study examined the impact of financial liberalisation on economic growth in South Africa. The study used quarterly time series data for the period 1980 to 2010. A vector error correction model was used to determine the short run and long run effects of financial liberalisation on economic growth in South Africa. The other explanatory variables considered in this study were government expenditure, investment ratio, public expenditure on education and trade openness. Results from this study revealed that financial liberalisation, government expenditure and public expenditure on education have a positive impact on economic growth while trade openness negatively affects economic growth in South Africa. Policy recommendations were made using these results.
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- Date Issued: 2012
An evaluation of the implementation of budgetary control measures by the provincial treasury with specific reference to the province of the Eastern Cape Department of Education
- Authors: Kalashe, Mzukisi Harrington
- Date: 2007
- Subjects: South Africa. Dept. of Education -- Appropriations and expenditures , Expenditures, Public , Fiscal policy -- South Africa -- Eastern Cape
- Language: English
- Type: Thesis , Masters , MA
- Identifier: vital:8249 , http://hdl.handle.net/10948/530 , http://hdl.handle.net/10948/d1011681 , South Africa. Dept. of Education -- Appropriations and expenditures , Expenditures, Public , Fiscal policy -- South Africa -- Eastern Cape
- Description: Budget control is a process of financial monitoring to ensure effective allocation, collection and efficient utilizing of public funds. It is a process that is aimed at ensuring the accomplishment of public policy objectives. Budget control is regulated by financial legislation as well as regulations and procedures which guide public financial administrators. Continuous monitoring is needed once appropriation is allowed by parliament or provincial legislatures to ensure effective service rendering as well as tax and user charges collection. This study investigates the reported ineffective budget control measures implemented by the provincial treasury in the Province of the Eastern Cape particularly in the Eastern Cape Department of Education (George, 2004). Ineffective budget control may be associated with the implementation of unstable fiscal policy by the provincial treasury that led to deficit spending in the Department of Education during the 2004/5 financial year. The purpose of this study is to show that the implementation of stable fiscal policy instruments by the provincial treasury would lead to effective budget control in provincial departments such as the Eastern Cape Department of Education. Governments in many instances encounter various challenges in controlling their expenditures on an annual basis as well as in the medium term. This is due to the notion that once the government exceeds the current year’s budget, it consumes the forthcoming budget. Borrowing is by nature an implicit consumption of future unplanned revenue. This makes the Medium Term Revenue Framework in the province immaterial as the provincial own revenue is insignificant. The relative uncontrollability of government expenditure stems from the notion that the provision of, for instance, primary education and social welfare is intertwined with legal entitlement within prescribed parameters. Allocative efficiency embodies recognition of legal entitlement that is reflected in the distribution imperatives if the provincial treasury is to be effective in the budget control function. The National Norms and Standards for School Funding of 2006 state explicitly that public spending in public schools is targeted at increasing the literacy levels of the poor. Intergovernmental fiscal relations play a pivotal role in modelling the fiscal policy of the province. This stems from the fact that expected national collected revenue is distributed as an equitable share to national, provincial and local spheres of government. The criteria for revenue sharing are based on economic disparities and demographics in each sphere of government. It is imperative to note in intergovernmental relations that there are functional areas of concurrent national and provincial competencies. The budget control function of the provincial treasury is implemented within the framework of various administrative processes which are aimed at ensuring effective transactional activities. The disbursement of funds and various other financial processes are subject to the delegation of powers as prescribed in the Public Finance Management Act, 1999 (Act 1 of 1999), as amended by Act 29 of 1999. The provincial governments’ fiscal policies are modelled to be consistent with the macro-economic objectives of the national government. It is for the purpose of macro-economic stability that only national government is eligible to borrow to finance a budget deficit. Provinces are legally prohibited from overspending their budgets. If the fiscal policies of the provinces materially and unreasonably prejudice the national economic policies, the relevant provincial treasury is responsible for taking appropriate steps to place the financial administration on a sound footing.
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- Date Issued: 2007