By Kwazi Dlamini R25.2-billion – that’s the amount of irregular expenditure recorded by South African municipalities for the 2017/2018 financial year according to Auditor General (AG) Kimi Makwetu. Makwetu on Wednesday released the audit findings reports of 257 municipalities. Irregular expenditure decreased from the R29.7-billion of the previous year, but non-compliance with key governance laws Read more >
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CORRUPTION NEWS
“The performance of local municipalities in South Africa is the indicator of the country’s heartbeat. Local municipalities are the closest institution to citizens; they reflect in great measure levels of citizen engagement – as recipients but also as contributors. In addition, local government shows, like no other indicator, the health of public institutions at the Read more >
CORRUPTION NEWS
In part one of our new two-part miniseries on the public audit, we dealt with the audit outcomes for 2017/2018, performed under the Public Finance Management Act (PFMA) and tabled on 21 November in Parliament by Auditor-General (AG) Kimi Makwetu. In part two, we focus on the Public Audit Act (PAA) amendment bill, that was Read more >
CORRUPTION NEWS
Our new two-part miniseries focuses on the Public Finance Management Act (PFMA) audit outcomes for 2017/2018, tabled yesterday in Parliament by Auditor-General Kimi Makwetu, as well as the Public Audit Act (PAA) amendment bill that was signed into law a few days ago. On Tuesday 20 November, the Government Gazette carried the announcement that President Read more >
CORRUPTION NEWS
Auditors and auditing firms have been in the news in recent months. We read about the likes of VBS Mutual Bank, Steinhoff and others, where auditors seemingly turned a blind eye to irregularities. Firms such as KPMG, which has been implicated in scandals involving the Gupta-owned Linkway Trading as well as the South African Revenue Read more >
CORRUPTION NEWS
By Kwazi Dlamini The Auditor-General’s office recently released its yearly audit results of local government in Gauteng. Results were presented by Dumisani Cebekhulu, the business executive responsible for Gauteng province at the Auditor-General of South Africa (AGSA). Cebekhulu revealed that all municipalities sustained their outcomes from the previous year which meant that Gauteng was the Read more >
CORRUPTION NEWS
In part one of our mini-series we looked at some of the municipal audit outcomes for 2016-2017 – many of which were dismal. Despite the Office of the Auditor-General (AG) having the powers to scrutinise and audit the books of municipalities and public entities, it currently has no power to impose meaningful sanctions or penalties Read more >
CORRUPTION NEWS
Released in Parliament last week by auditor-general (AG) Kimi Makwetu, the 2016-2017 local government audit results present a bleak picture. The AG attributes the overall deterioration in local municipality audit results and lack of compliance with the Municipal Finance Management Act (MFMA) to advice and warnings that were largely not heeded. Part one of our Read more >
CORRUPTION NEWS
Between the pronouncement made on planned anti-corruption efforts during his maiden state of the nation address (Sona) on 16 February this year, and his Cabinet announcement of this past Monday, President Cyril Ramaphosa seems to be serious about his administration’s planned restoration of state-owned enterprises (SOEs). It remains to be seen, however, if the interventions Read more >