Governments globally have several responsibilities to its citizen, and one of these responsibilities is the improvement in the living standard and to stimulate social wellbeing and sustainability in communities. A meta-review of over a 100 article was conducted of both the qualitative and quantitative method related to the antecedents to business models, community economic development, and poverty alleviation. The basis for the paper is the proposition of the stakeholder model for implementing Community Economic Development in municipalities for alleviating poverty in South Africa.
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. Agenda 21. Rather, than the traditional top-down structures for
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