n Journal of Public Administration - Governance and public finance : a South African perspective




Theoretically and technically, governance is explained and practiced by different organisations and people. In Public Administration as a multidisciplinary field of study, public finance is regarded as the of public administration. The most critical point is to strive to achieve departmental or organisational objectives through effective governance. An effective governance process could be measured through efficient and effective systems, institutions, structures and rules and procedures. It is significant that institutions of governance support and practise transparency and accountability. In addition, their financial systems should support broader government agenda, i.e. service delivery. These systems should support the broader vision and mission of a department and government in general. In the South African context, the Public Finance Management Act, 1999 (PFMA), seeks to promote accountability, transparency and efficient financial management. The ethos of good governance captured in the PFMA, such as accountability and transparency are discovered. Elements of governance, from the public finance perspective, are also revealed. Among others, strategic planning and budgeting, public expenditure management, debt management, financial management, ethics, accounting and auditing are present. The above governance elements are likely to promote good governance and improve service delivery in South Africa, if the culture of good governance is institutionalised and government departments, including entities are properly designed.


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