Posts

AG to Parliament: local govt is ‘going backward’

South Africa’s municipalities are regressing in terms of their financial reporting; fruitless and wasteful expenditure stands at R7.41-billion – up from R4.89-billion in 2021/22 – while unauthorised expenditure is at R24.12-billion. And only 34 of the 257 that were audited for the 2022/23 financial year achieved clean audits. Delivering the 2022/2023 municipal audit outcomes in Read more >

Professionalise local govt urgently, says Maluleke

Auditor-General Tsakani Maluleke addressed the Parliamentary Press Gallery Association last week on the ongoing challenge of compliance, material irregularities (MIs), and responsible financial management. “For the PFMA (Public Finance Management Act) report,” she said, “we identified a total loss of R14-billion. As we speak, R1.29-billion had been recovered.” This staggering loss is counted from 2019, Read more >

R14bn loss to MIs, but some positive strides being made

The Department of Defence and the South African Post Office (Sapo) are two of the public entities expected to face investigations for their failure to investigate material irregularities (MIs) flighted by the Auditor-General (AG) during audit processes in previous financial years. Sapo was found by the AG to have failed to implement an integrated grants Read more >

AGSA seeing improvement in municipalities’ response to MIs

Auditor-General Tsakani Maluleke appeared virtually before the parliamentary Standing Committee on the Auditor General on 9 February 2024, to brief members on progress regarding the material irregularities (MIs) it had identified during municipal audits. Maluleke said that the presentation aimed to brief the committee on the impact that AGSA has been making in the implementation Read more >

Billions lost to material irregularities, but Agsa is making progress

The South African government has always had a hard time accepting and implementing the recommendations of the Auditor-General of South Africa (Agsa), and the accompanying lack of consequences has meant that government departments and municipalities still grapple with the basics – 30 years after democracy. But legislative amendments in the form of the Public Audit Amendment Read more >

AGSA elected Unesco’s auditors for 2024-2029

Issued by: Auditor-General of South AfricaContact: Africa Boso on 071 365 3024 / Africab@agsa.co.za The Auditor-General of South Africa (Agsa) has been elected as the external auditor of the United Nations Educational, Scientific and Cultural Organisation (Unesco) for the 2024–29 term. After a rigorous bidding process, Unesco announced South Africa’s supreme audit institution (SAI) as Read more >

AG offers little comfort to long-suffering municipal residents

By Kwazi Dlamini Lack of accountability in local government continues to impede on service delivery and leads to the deterioration of municipalities, says Auditor-General (AG) Tsakani Maluleke in her recently released  2021/2022 audit outcomes of the Municipal Finance Management Act. Reporting to Parliament on 31 May 2023, Maluleke said that most municipalities are struggling to Read more >

Auditor-General welcomes withdrawal of Eskom exemption

Auditor-General (AG) Tsakani Maluleke, in a statement issued on Wednesday 5 April 2023, has welcomed Finance Minister Enoch Godongwana’s decision to withdraw the controversial exemption of Eskom from section 55(2)(b)(i) of the Public Finance Management Act and Treasury Regulation 28.2.1 for three years. This exemption meant that the struggling power utility would not have had to Read more >