The part expected to be played by local governments in promoting efficient mobilization of domestic asset is becoming more conspicuous as a result of the lingering economic effect of some global disease outbreaks which have interrupted countries’ traditional financial inflows. However, the local governments, particularly those in developing nations, do not seem to be meeting this expectation. With exploratory research design, this study has reviewed the literature on how the local government taxation and financial management are carried out in Africa. The cardinal aim was to highlight some important issues surrounding the mobilization of financial resource in the local governments, identify the major challenges and suggest the way forward. The findings of the research indicated that most local authorities in Africa do not collect sufficient taxes and other revenues necessary for executing their constitutional responsibilities. The reason for this is partly the absence of efficient fiscal decentralization in majority of African nations. In addition, the study observed that local governments in some African nations apparently raise whatever taxes, fees, and charges within their reach, often without being much perturbed concerning the economic distortions and distribution effects that those instruments might create.This work perceivesthe heightened necessity to improve tax administration and financial management practice in African sub-national governments through some relevant reforms.
Hubs, H., Igwebuike, A , O., N , Onyemaechi, O & Ike, U (2023). LOCAL GOVERNMENT FINANCIAL MANAGEMENT AND TAXATION IN AFRICA: THE CHALLENGES AND RECOMMENDED APPROACHES. Afribary. Retrieved from https://track.afribary.com/works/local-government-financial-management-and-taxation-in-africa-the-challenges-and-recommended-approaches
Hubs, Hkay, et. al. "LOCAL GOVERNMENT FINANCIAL MANAGEMENT AND TAXATION IN AFRICA: THE CHALLENGES AND RECOMMENDED APPROACHES" Afribary. Afribary, 02 Mar. 2023, https://track.afribary.com/works/local-government-financial-management-and-taxation-in-africa-the-challenges-and-recommended-approaches. Accessed 15 Nov. 2024.
Hubs, Hkay, Agbo Igwebuike , Nwadialor O. , Odo Onyemaechi and Ugwu Ike . "LOCAL GOVERNMENT FINANCIAL MANAGEMENT AND TAXATION IN AFRICA: THE CHALLENGES AND RECOMMENDED APPROACHES". Afribary, Afribary, 02 Mar. 2023. Web. 15 Nov. 2024. < https://track.afribary.com/works/local-government-financial-management-and-taxation-in-africa-the-challenges-and-recommended-approaches >.
Hubs, Hkay, Agbo Igwebuike , Nwadialor O. , Odo Onyemaechi and Ugwu Ike . "LOCAL GOVERNMENT FINANCIAL MANAGEMENT AND TAXATION IN AFRICA: THE CHALLENGES AND RECOMMENDED APPROACHES" Afribary (2023). Accessed November 15, 2024. https://track.afribary.com/works/local-government-financial-management-and-taxation-in-africa-the-challenges-and-recommended-approaches