SAQA All qualifications and part qualifications registered on the National Qualifications Framework are public property. Thus the only payment that can be made for them is for service and reproduction. It is illegal to sell this material for profit. If the material is reproduced or quoted, the South African Qualifications Authority (SAQA) should be acknowledged as the source.
SOUTH AFRICAN QUALIFICATIONS AUTHORITY 
REGISTERED UNIT STANDARD: 

Apply risk management in South African municipalities 
SAQA US ID UNIT STANDARD TITLE
116339  Apply risk management in South African municipalities 
ORIGINATOR
SGB Public Administration and Management 
PRIMARY OR DELEGATED QUALITY ASSURANCE FUNCTIONARY
-  
FIELD SUBFIELD
Field 03 - Business, Commerce and Management Studies Public Administration 
ABET BAND UNIT STANDARD TYPE PRE-2009 NQF LEVEL NQF LEVEL CREDITS
Undefined  Regular  Level 6  Level TBA: Pre-2009 was L6  10 
REGISTRATION STATUS REGISTRATION START DATE REGISTRATION END DATE SAQA DECISION NUMBER
Reregistered  2018-07-01  2023-06-30  SAQA 06120/18 
LAST DATE FOR ENROLMENT LAST DATE FOR ACHIEVEMENT
2024-06-30   2027-06-30  

In all of the tables in this document, both the pre-2009 NQF Level and the NQF Level is shown. In the text (purpose statements, qualification rules, etc), any references to NQF Levels are to the pre-2009 levels unless specifically stated otherwise.  

This unit standard does not replace any other unit standard and is not replaced by any other unit standard. 

PURPOSE OF THE UNIT STANDARD 
This Unit Standard is for all people involved in municipal financial management. Persons credited with this unit standard are able to:
  • Apply the core concepts of risk management in a South African municipality.
  • To inform policy decision and strategic decision-making processes about the importance of risk management in municipalities. 
    		•

    LEARNING ASSUMED TO BE IN PLACE AND RECOGNITION OF PRIOR LEARNING 
    It is assumed that Learners are competent in:
  • Communication at Level 4.
  • Mathematical Literacy at Level 4.
  • Economics at Level 4 
    		•

    UNIT STANDARD RANGE 
    N/A 

    Specific Outcomes and Assessment Criteria: 

    SPECIFIC OUTCOME 1 
    Identify the role played by risk management in a municipality. 

    ASSESSMENT CRITERIA     

    ASSESSMENT CRITERION 1 
    The importance of risk management is explained with reference to institutions that have failed because of poor risk management. 

    ASSESSMENT CRITERION 2 
    Different types of risk are identified and reasons are provided as to why these risks need to be managed. 

    ASSESSMENT CRITERION 3 
    The objectives of a risk management plan are formulated so as to manage identified risks. 

    SPECIFIC OUTCOME 2 
    Interpret and apply legislation relevant to municipal risk management in South African municipalities. 

    ASSESSMENT CRITERIA     

    ASSESSMENT CRITERION 1 
    The requirements for risk management in South African municipalities are interpreted in terms of relevant legislation. 
    ASSESSMENT CRITERION RANGE 
    Municipal Finance Management Act (Act 56 of 2003), National Treasury Guidelines, Disaster Management Act, Occupational and Safety Health Act.
     

    ASSESSMENT CRITERION 2 
    Threats to a risk management system are identified and evaluated in terms of the degree of threat they pose. 

    ASSESSMENT CRITERION 3 
    The objectives of a risk management plan adopted by a municipality are identified and evaluated against relevant legislative requirements. 

    SPECIFIC OUTCOME 3 
    Demonstrate how risk management contributes to good governance. 

    ASSESSMENT CRITERIA     

    ASSESSMENT CRITERION 1 
    The requirements for good governance are recognised and included in a risk management plan. 
    ASSESSMENT CRITERION RANGE 
    King Report, Cadbury Report.
     

    ASSESSMENT CRITERION 2 
    A professional code for risk management is formulated including statements of ethical principles. 

    SPECIFIC OUTCOME 4 
    Develop a municipality wide risk management and reporting system. 

    ASSESSMENT CRITERIA     

    ASSESSMENT CRITERION 1 
    The rationale for implementing an enterprise-wide risk management system is explained and benchmarked to best practice. 

    ASSESSMENT CRITERION 2 
    The accountability framework for risk management is developed in a municipal context. 

    ASSESSMENT CRITERION 3 
    Risks are classified in terms of a risk classification systems. 
    ASSESSMENT CRITERION RANGE 
    Pure/speculative risk, credit, market, operational risk.
     

    ASSESSMENT CRITERION 4 
    Roles, responsibilities and accountabilities are described in terms of generally accepted risk principles. 

    ASSESSMENT CRITERION 5 
    Measures required to control and report risk are developed in line with generally accepted risk management practice. 

    ASSESSMENT CRITERION 6 
    Mechanisms for risks to be reported are implemented in line with generally accepted risk management practice. 

    SPECIFIC OUTCOME 5 
    Develop a risk management process. 

    ASSESSMENT CRITERIA     

    ASSESSMENT CRITERION 1 
    The risk management process is commented on in line with generally accepted risk management practice. 

    ASSESSMENT CRITERION 2 
    Continuous and periodic review processes are consistently applied to risk management procedures and policies. 

    ASSESSMENT CRITERION 3 
    Internal control processes in the risk management process are applied in line with generally accepted risk management practice. 

    ASSESSMENT CRITERION 4 
    The link between risk of fraud and weaknesses in the internal control systems is explained in line with generally accepted risk management practice. 


    UNIT STANDARD ACCREDITATION AND MODERATION OPTIONS 
  • An individual wishing to be assessed (including through RPL) against this Unit Standard may apply to an assessment agency, assessor or provider institution accredited by the relevant ETQA, or an ETQA that has a Memorandum of Understanding with the relevant ETQA.
  • Anyone assessing a learner against this Unit Standard must be registered as an assessor with the relevant ETQA, or an ETQA that has a Memorandum of Understanding with the relevant ETQA.
  • Any institution offering learning that will enable achievement of this Unit Standard or assessing this Unit Standard must be accredited as a provider with the relevant ETQA, or an ETQA that has a Memorandum of Understanding with the relevant ETQA.
  • Moderation of assessment will be conducted by the relevant ETQA at its discretion. 
    		•

    UNIT STANDARD ESSENTIAL EMBEDDED KNOWLEDGE 
    King Report. 

    UNIT STANDARD DEVELOPMENTAL OUTCOME 
    N/A 

    UNIT STANDARD LINKAGES 
    N/A 


    Critical Cross-field Outcomes (CCFO): 

    UNIT STANDARD CCFO IDENTIFYING 
    Identify and solve problems using critical and creative thinking processes, e.g. by trying to find the best possible risk management options. 

    UNIT STANDARD CCFO WORKING 
    Work effectively with others as a member of a team, group, organization or community, e.g. through communicating with others regarding risk management issues and fostering team commitment for identifying and reducing risks. 

    UNIT STANDARD CCFO ORGANISING 
    Organise and manage oneself and one's activities responsibly and effectively, e.g. through managing one's own risk effectively. 

    UNIT STANDARD CCFO COLLECTING 
    Collect, analyse, organise and critically evaluate information, e.g. through researching all possible risk management solutions and presenting conclusions. 

    UNIT STANDARD CCFO COMMUNICATING 
    Communicate effectively using visual, mathematical and / or language skills in the modes of oral and/or written persuasion, e.g. through advising and motivating others with regard to risk management options. 

    UNIT STANDARD CCFO SCIENCE 
    Use Science and technology effectively and critically, showing responsibility to the environment and health of others, e.g. use appropriate computer software for data capturing and document storage purposes. 

    UNIT STANDARD CCFO DEMONSTRATING 
    Demonstrate an understanding of the world as a set of interrelated systems by recognising that problem-solving contexts do not exist in isolation, e.g. in keeping in mind that risk management effects the well being of not only the municipality but the country as a whole. 

    UNIT STANDARD CCFO CONTRIBUTING 
    Participating as responsible citizens in the life of local, national and global communities, e.g. acting as custodian of ethical behaviour and maintaining a high level of commitment to providing effective risk management policies and practices. 

    UNIT STANDARD ASSESSOR CRITERIA 
    N/A 

    REREGISTRATION HISTORY 
    As per the SAQA Board decision/s at that time, this unit standard was Reregistered in 2012; 2015. 

    UNIT STANDARD NOTES 
    N/A 

    QUALIFICATIONS UTILISING THIS UNIT STANDARD: 
      ID QUALIFICATION TITLE PRE-2009 NQF LEVEL NQF LEVEL STATUS END DATE PRIMARY OR DELEGATED QA FUNCTIONARY
    Core  48965   Certificate: Municipal Financial Management  Level 6  Level TBA: Pre-2009 was L6  Reregistered  2023-06-30  LG SETA 


    PROVIDERS CURRENTLY ACCREDITED TO OFFER THIS UNIT STANDARD: 
    This information shows the current accreditations (i.e. those not past their accreditation end dates), and is the most complete record available to SAQA as of today. Some Primary or Delegated Quality Assurance Functionaries have a lag in their recording systems for provider accreditation, in turn leading to a lag in notifying SAQA of all the providers that they have accredited to offer qualifications and unit standards, as well as any extensions to accreditation end dates. The relevant Primary or Delegated Quality Assurance Functionary should be notified if a record appears to be missing from here.
     
    1. About Survival Consulting Agency 
    2. Afriwealth Consulting 
    3. Asiphokuhle Training and Research Institute 
    4. Bikologix Projects 
    5. Camblish Training Institute 
    6. Concepts of Sustainable Management (CSM) 
    7. Cradle Stars Trading Enterprise 
    8. Eagle Greek Inverstment T/A Mollo consulting 
    9. ETAMIC PTY LTD 
    10. Excellent Minds Institute (Pty) Ltd 
    11. Falcon Business Institute (PTY 
    12. GATYANA TRAINING ACADEMY 
    13. GOBELA CONSULTING 
    14. HDPSA 
    15. Hlombe and Associates 
    16. IGKM Management Services (Pty) Ltd 
    17. Inafrica General Trading Pty LTD 
    18. Institute For Performance Management 
    19. Isiphephelo Consultants 
    20. Jabukile Consultancy 
    21. Josmap Training Institute 
    22. K Shabangu FET College 
    23. Londimvelo Consultants 
    24. Magumzane Traiding cc 
    25. Mahloko Training, Auditing Services and other Projects 
    26. Makaota Training Consultants 
    27. Makhuba Development Projects CC 
    28. Mamuhle Academy 
    29. Maritime Business Institute 
    30. MARS Business Consulting 
    31. Matsila Holdings 
    32. Melatrend Management Consulting 
    33. MJ Mafunisa Consulting (PTY) LTD 
    34. Mmanape Management Solutions 
    35. MML Consulting CC. 
    36. MTK Corporate Solutions 
    37. MUHANGWENE DEVELOPMENT ENTERPRISE 
    38. Nalengmokoni Investors (Pty) Ltd 
    39. Nkqubela Community Developers 
    40. Nvsion Consulting 
    41. Opelong Business Institute 
    42. PMA Holdings (PTY ) LTD. 
    43. Princetop Corporative Training (Pty) Ltd 
    44. Progressive School of Business and Engineering (Pty) 
    45. PTDEV (Pty) Ltd 
    46. RCG Markets 
    47. Reflections Development Institute 
    48. Regent Business School (Pty) Ltd t/a Regent Business School 
    49. Resonance Institue of Learning 
    50. Sanzah Academy 
    51. Sebenzisanane Human Capital 
    52. Silalele Consulting CC. 
    53. South African Corporate Training Association 
    54. STARPLEX 408 CC 
    55. Tachfin Holdings 
    56. Talent Centre Training 
    57. Talent Sculpture 
    58. Tasc Business Consulting and Training 
    59. Thinking Mind Trading 
    60. Tloumogale Business Development & Consulting 
    61. Tovani Traiding 299 
    62. Transafric Consulting Pty Ltd 
    63. Tshepang Consulting & Project 
    64. Tshwane Training Institute (PTY) LTD. 
    65. TWINMARK STRATEGY AND MANAGEMENT CONSULTANTS 
    66. UNIVERSITY OF BUSINESS EXCELLENCE(PTY)LTD 
    67. VEZOKUHLE YOUTH DEVELOPMENT PROJECT 
    68. Vision Africa Training Institute 
    69. WEINVEST INVESTMENT CC 


    All qualifications and part qualifications registered on the National Qualifications Framework are public property. Thus the only payment that can be made for them is for service and reproduction. It is illegal to sell this material for profit. If the material is reproduced or quoted, the South African Qualifications Authority (SAQA) should be acknowledged as the source.