Deloitte in R72 million partnership to upgrade financial skills in South African municipalities

The Higher Education Minister, Blade Nzimande

Deloitte Consulting, the National Treasury and the South African Institute of Chartered Accountants have partnered in a R72m programme which aims to upgrade financial skills at South African municipalities.

“The project, sponsored by the National Skills Fund, aims to train 500 employed municipal officials and  500 interns or unemployed graduates to meet minimum competency standards as set out by the National Treasury. Deloitte, an accredited provider against the regulated qualifications, will be responsible for the training and mentorship of candidates against unit standards as per the regulations gazetted on 19 June 2007, (gazette nr 29967)”, say Madi du Toit of Deloitte. You may contact Madi du Toit at maddutoit@deloitte.co.za for more information.

The Higher Education Minister, Blade Nzimande said that the initiative will introduce minimum standards of competence for financial and supply chain managers. He also stated that training municipalities to manage their finances will also bring better service delivery.

I have listed a number of independent sources that reported the announcement.

SABC News:     Training of municipalities could address protests: Nzimande

Business Day:   Financial skills programme aims to boost service delivery

Business Live:   Project to upgrade financial skills at municipalities

The New Age:    Training could address protests

News24:            Nzimande wants local govt to up standards

Times Live:       Training could address protests: Nzimande

City Press:        Municipalities to get financial training

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