The Budget review said infrastructure grants would be changed to increase flexibility and incentivise private financing.

It said policy around municipal borrowing would also be reviewed with a view to getting municipalities to diversify their funding sources.

"Regulation of development charges is being reformed, with the potential to increase local government capital spending by as much as R20bn per year," the budget review said.

Click here to access the full article, as sourced from Fin24 on 20 February 2019