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For the first time in South Africa’s history, the financial health of the nation’s municipalities will take centre stage on a national platform, not for criticism but for celebration.
The South African Property Owners Association (SAPOA), in partnership with Ratings Afrika and the Banking Association of South Africa (BASA) has launched the SAPOA | Ratings Afrika Municipal Performance Award, the first national accolade to honour municipalities that demonstrate not just basic compliance but true excellence in governance, fiscal discipline and service delivery.
SAPOA approached Ratings Afrika in 2024 with the idea of launching these awards at its annual conference. The concept is bedded on the significant importance of the existing Ratings Afrika analytical tool which has been developed and implemented over the last 15 years.
Presented during SAPOA’s prestigious Annual Convention, this groundbreaking award will recognise local governments that balance their books, safeguard public resources, invest in infrastructure and create the conditions for communities and businesses to thrive.