Conceptualizing community economic development strategic framework for poverty alleviation: The case of Raymond Mhlaba Local Municipality

Abstract

Economic regeneration is a segment of neighbourhood renewal that boosts community economics and sustains certain principles of sustainable urbanization. The community economic development framework for poverty reduction, the implementation loop for stakeholder collaboration, and the Neo‐Marxist community economic development strategy for local economic freedom are imperative for sustaining and renewing the idealism of shared prosperity, which is the basis of collectivism and community economic development in relation to community development. Because, where there is poor economic vivacity; it is difficult, if not impossible for such community to galvanize towards the realisation of the sustainable development agenda, is tied to economic vivacity of an area. It is on this ground that this paper develops a neighbourhood regeneration model or the community economic development strategic framework for poverty alleviation for the Raymond Mhlaba Local Municipality. Data were sorted from Statistics South Africa, ScienceDirect, EBSCOHost, Proquest, and Scopus among others, and the data were cushioned with substantial qualitative analysis. Triangulation, content, and theme analysis were used to analysis the data and propose the models for the paper. It must be noted that an understanding and appreciation of this paper is dependent on the understanding of the earlier papers advanced in this series. Finding demonstrates the suitability and the need for models in empowering those at the rural areas in South Africa.