Browsing by Author "Matala-Banda, Perekamoyo Tawulayi Kayira"

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    A comparative analysis of public financial management in Malawi and South Africa using the public expenditure and financial accountability assessment framework
    (Stellenbosch : Stellenbosch University, 2023-12) Matala-Banda, Perekamoyo Tawulayi Kayira; Brand, Dirk; Stellenbosch University. Faculty of Economic and Management Sciences. School of Public Leadership.
    ENGLISH SUMMARY: Using the 2011 Public Expenditure Financial Accountability (PEFA) framework the study conducts a comparative analysis of the Public financial management of Malawi and South Africa. The study analyses and discusses data from PEFA reports of 2008, 2011, and 2018 for Malawi and reports from 2008 and 2014 for South Africa to make qualitative comparisons and assess performance trends. The comparative analysis reveals that South Africa's performance is much better than that of Malawi. The study highlights that weak public expenditure management practices and weak external audit, and scrutiny practices are some of the persistent shortfalls of the Malawian PFM system when measuring against the PEFA framework. Besides the obvious differences in socioeconomic factors, the study also reveals that coordination failures, capacity constraints, and political interference are some of the underlying dynamics affecting the quality of public financial management in both countries.