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 techniques and South African statutes to cash and investment management in a municipal environment 
SAQA US ID UNIT STANDARD TITLE
116346  Apply techniques and South African statutes to cash and investment management in a municipal environment 
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 intended for practitioners at local government that are involved in municipal policy decision-making and strategic planning. This unit standard contributes to the sub-field of financial management through offering a unit standard on cash, revenue and investment management designed specifically for municipal government but offering competencies applicable to a range of organisations including organisations in the private sector.

The qualifying learner is able to:
  • Apply the requirements of South African municipal statutes related to cash management, investment management and revenue management.
  • Ensure the effective and efficient management of local government funds through an understanding of the implications of the relevant legislation governing cash, investment and revenue management
  • Assist in the overall process of social and economic development. 

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

  • UNIT STANDARD RANGE 
    N/A 

    Specific Outcomes and Assessment Criteria: 

    SPECIFIC OUTCOME 1 
    Apply the legislative conditions governing cash and investment management. 

    ASSESSMENT CRITERIA
     

    ASSESSMENT CRITERION 1 
    The conditions governing municipal bank accounts are interpreted from relevant legislation. 
    ASSESSMENT CRITERION RANGE 
    The typical scope of this outcome includes the roles of municipal manager and chief finance officer. The scope includes primary and other bank accounts.
     

    ASSESSMENT CRITERION 2 
    The legislative requirements governing investments in financial securities are interpreted from relevant legislation. 

    SPECIFIC OUTCOME 2 
    Comply with sound principles for cash and investment management. 

    ASSESSMENT CRITERIA
     

    ASSESSMENT CRITERION 1 
    The requirements for governing cash and investment management are identified in terms of relevant legislation and international practices. 
    ASSESSMENT CRITERION RANGE 
    The typical scope of this outcome includes the roles played by the Auditor-General, accounting officer and councillors.
     

    ASSESSMENT CRITERION 2 
    Principles underpinning effective management of liquid resources are identified and applied to set up an effective cash management system for a municipality. 

    SPECIFIC OUTCOME 3 
    Implement the requirements of the legislation for contracts that have budgetary implications. 

    ASSESSMENT CRITERIA
     

    ASSESSMENT CRITERION 1 
    Requirements and processes to be followed when a municipality enters into contracts that impose financial obligations on the municipality beyond three years are complied with based on the regulatory framework. 

    ASSESSMENT CRITERION 2 
    Investment principles regarding acquisition and disposal are selected and applied based on sound business principles. 
    ASSESSMENT CRITERION RANGE 
    The typical scope of this unit standard includes the roles of the accounting officer and municipal council.
     

    ASSESSMENT CRITERION 3 
    Modern financial management techniques are selected and used to manage the liquidity of a municipality. 

    SPECIFIC OUTCOME 4 
    Apply the legislative requirements and internationally recognised principles to credit control and debt collection. 

    ASSESSMENT CRITERIA
     

    ASSESSMENT CRITERION 1 
    Requirements of the legislation governing debt collection and credit control of municipalities are complied with in terms of the regulatory framework. 
    ASSESSMENT CRITERION RANGE 
    The typical scope of this unit standard includes optional measures, regulations and guidelines, roles and responsibilities.
     

    ASSESSMENT CRITERION 2 
    Modern techniques of analysing debtor accounts are identified and applied to facilitate debt collection or reduce bad debts. 

    ASSESSMENT CRITERION 3 
    Sound credit control principles are selected and applied in municipal credit control and debt collection. 

    SPECIFIC OUTCOME 5 
    Apply the legislative requirements and treasury regulations on cash and investment responsibilities of municipal officials and mayors. 

    ASSESSMENT CRITERIA
     

    ASSESSMENT CRITERION 1 
    The requirements and treasury guidelines covering the responsibilities of municipal officials in cash and investment management are selected and applied in terms of the legislative framework. 

    ASSESSMENT CRITERION 2 
    Short-term opportunities for investing surplus liquid resources are identified and discussed in the context of treasury guidelines. 


    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 
  • Legislative provisions which elaborate on contracts having future budgetary implications;
  • Asset, liability and revenue management responsibilities of municipal officials;
  • The financial governance of municipal entities;
  • Asset, liability and revenue management responsibilities of municipal entity officials;
  • Expenditure management responsibilities of municipal officials. 

  • 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. example by trying to find the best possible investment 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 legislative issues and fostering team commitment amongst the public sector as well as private sector stakeholders. 

    UNIT STANDARD CCFO ORGANISING 
    Organise and manage oneself and one's activities responsibly and effectively, e.g. through the demonstration of ethical and moral principles in all investment management processes. 

    UNIT STANDARD CCFO COLLECTING 
    Collect, analyse, organise and critically evaluate information, e.g. through researching all possible investment management options 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 investment 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 investment management effects the financial 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 investment and liability 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 
    Elective  49554   National Diploma: Public Finance Management and Administration  Level 5  NQF Level 05  Reregistered  2023-06-30  LG SETA 
    Elective  64670   National Certificate: Public Financial Oversight and Accountability  Level 6  Level TBA: Pre-2009 was L6  Reregistered  2023-06-30  PSETA 


    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. ABA Sebenzi 
    2. About Survival Consulting Agency 
    3. Afriwealth Consulting 
    4. AfroXpert Performance Developement cc 
    5. AK and Associates 
    6. Akadon Trading (Pty) Ltd 
    7. All Access Holdings 
    8. Altimax (Pty) Ltd 
    9. Amabamba Recruitment 
    10. Amadube Investments CC 
    11. AMM Training and Consulting 
    12. Anzani Group 
    13. Asiphokuhle Training and Research Institute 
    14. Attractive Softcare Application Projects cc t/a ASAP Events and Consulting 
    15. AVAX SA 481 CC. T/A Mandisa Development Services 
    16. Bantubanye Skills 
    17. Bikologix Projects 
    18. Bokatoka Construction and Projects 
    19. Break The Chains Development Services 
    20. Buena Vista Learning Academy 
    21. Business Consulting 
    22. Cairo Corporate Consulting 
    23. Camissa Institute 
    24. Change Strategies Consulting Services CC 
    25. Chuma Development Consultants 
    26. Concepts of Sustainable Management (CSM) 
    27. Cradle Stars Trading Enterprise 
    28. CTAM Training and Consulting 
    29. CTC College(PTY) LTD. 
    30. Development Bank of Southern Africa (DBSA) 
    31. DGK Advisory 
    32. DITEBOGO CONSULTANCY CC 
    33. Eagle Greek Inverstment T/A Mollo consulting 
    34. Elvis Koena Consulting (Pty) Ltd 
    35. Eskilz College (Pty) Ltd 
    36. Esther G Consulting 
    37. ETAMIC PTY LTD 
    38. Ethembeni Multi Service Enterprise (Pty) Ltd 
    39. Eukon Engineering and Projects 
    40. Excellent Minds Institute (Pty) Ltd 
    41. GATYANA TRAINING ACADEMY 
    42. Giggs Creations 
    43. Glo Leb Training & Development 
    44. Global Care Trading 100 CC 
    45. GOBELA CONSULTING 
    46. Goitseone Trading and Projects Pty LTD 
    47. Growth Management Consulting 
    48. Hamonate Consulting 
    49. HDPSA 
    50. Hlaniki Investment Holdings 
    51. Hlombe and Associates 
    52. IGKM Management Services (Pty) Ltd 
    53. Ikhaya Training and Consulting 
    54. Iklwa Contractors 
    55. Inafrica General Trading Pty LTD 
    56. Indub Trading c.c. 
    57. Inkonyane Yamaswazi Projects 
    58. Institute For Performance Management 
    59. IQ Skills Academy (PTY) LTD. 
    60. Isiphephelo Consultants 
    61. Isipho Equiping (Pty) Ltd 
    62. Jabukile Consultancy 
    63. Josmap Training Institute 
    64. K Shabangu FET College 
    65. KAGISHO BUSINESS CONCEPTS (Pty) LTD 
    66. KALIDEEN MANAGEMENT SERVICES 
    67. Kamanga Skills Projects 
    68. Kellery Projects 
    69. Kelsey Events and Business Consulting 
    70. Keptel 
    71. Kgolo Institute 
    72. Khabolwazi Pty LTD 
    73. KN Business Solutions 
    74. KOKANO PROJECTS PTY LTD 
    75. Kueneng Investment Holding 
    76. Kuyakhula Development Initiatives 
    77. KYM MANAGEMENT CONSULTING 
    78. Lekoko Consulting (PTY) LTD 
    79. Lemao Enterprise 
    80. Lewerb Holdings (PTY) Ltd 
    81. LMMM Training and Development 
    82. Londimvelo Consultants 
    83. Lulona Consulting (Pty) Ltd 
    84. Mabuya Amahle Trading 
    85. Mafamawethu Consultants 
    86. Magumzane Traiding cc 
    87. Mahloko Training, Auditing Services and other Projects 
    88. Makaota Training Consultants 
    89. Mamuhle Academy 
    90. Management College of Southern Africa (MANCOSA) 
    91. Mangalani Business Enterprises 
    92. MARS Business Consulting 
    93. Mass Computer Training And Printers 
    94. MATEPE INVESTMENTS (PTY) LTD 
    95. Matsila Holdings 
    96. Mbedvula Trust 
    97. Mcebo Technologies 
    98. Melatrend Management Consulting 
    99. Mission Point Consulting 
    100. Mlilowendalo Enterprise 
    101. MML Consulting CC. 
    102. Mona SS 
    103. Morena Empire Investment 
    104. Mortarboard Training Solutions 
    105. Motheo Skills Entity 
    106. MTK Corporate Solutions 
    107. MUHANGWENE DEVELOPMENT ENTERPRISE 
    108. Nalengmokoni Investors (Pty) Ltd 
    109. Nelson Mandela University 
    110. Nhlahle Development Agency 
    111. NJ & L Trading Enterprise CC. 
    112. Nkqubela Community Developers 
    113. NORKEM LEADERSHIP DEVELOPMENT INSTITUTE (PTY) LTD 
    114. NTSIHLELE TRADING 
    115. Nvsion Consulting 
    116. Pachi Global Foundation 
    117. Pebetse Training and Consulting 
    118. Pioneer Business Consulting 
    119. PMA Holdings (PTY ) LTD. 
    120. Princetop Corporative Training (Pty) Ltd 
    121. Progressive School of Business and Engineering (Pty) 
    122. PTDEV (Pty) Ltd 
    123. Pulakgadi Training Consulting CC 
    124. Pule Ramasimong Development 
    125. Rankadi Consulting 
    126. RCG Markets 
    127. Reabetswe Skills and Trainin Academy 
    128. Regenesys Management (Pty) Ltd 
    129. Regent Business School (Pty) Ltd t/a Regent Business School 
    130. Revival Training Academy 
    131. Sebenzisanane Human Capital 
    132. Silalele Consulting CC. 
    133. Social Capital Group 
    134. Soni Investment 
    135. South African Corporate Training Association 
    136. Southern African Institute of Public Administration 
    137. STARPLEX 408 CC 
    138. Stellenbosch University 
    139. Summat Training Institute 
    140. Tachfin Holdings 
    141. Talent Centre Training 
    142. Talent Sculpture 
    143. Tasc Business Consulting and Training 
    144. The Crimson CO CC. 
    145. Thinking Mind Trading 
    146. Thuto-Boswa Education and Training Solution 
    147. TJO Projects and Trading 
    148. Tloumogale Business Development & Consulting 
    149. Tovani Traiding 299 
    150. Tradesman Consulting and Training Solutions 
    151. Transafric Consulting Pty Ltd 
    152. Tshepang Consulting & Project 
    153. Tshwane Training Institute (PTY) LTD. 
    154. TWINMARK STRATEGY AND MANAGEMENT CONSULTANTS 
    155. Ubuholi Bendabuko Capacity Building (PTY) Ltd 
    156. Umqondo Consultancy 
    157. UNIVERSITY OF BUSINESS EXCELLENCE(PTY)LTD 
    158. University of Fort Hare 
    159. University of Pretoria 
    160. University of Venda 
    161. Unlimited Potential Investments 
    162. Value at Hand 
    163. Venado Trading 
    164. VEZOKUHLE YOUTH DEVELOPMENT PROJECT 
    165. Vicmat Consultants 
    166. Vision Africa Training Institute 
    167. Wits University 
    168. Wongintuthuko Projects 



    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.