By Thato Mahlangu Municipalities continue to waste billions of rands through corruption-related activities, the Auditor-General of South African (AGSA) revealed on Tuesday. Auditor-general (AG) Kimi Makwetu said in his 2018/19 Municipal Finance Management Act (MFMA) audit report that municipalities should ask themselves if they are investing in qualitative and preventative measures which would help to Read more >
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By Ray Mahlaka First published by Daily Maverick The Estate Agency Affairs Board has always been considered a bit toothless. So the sanctions Pam Golding Properties could face if found guilty of aiding money-laundering transactions are probably lightweight. But the Financial Intelligence Centre (FIC) might also get involved, and the penalties may be more severe. Read more >
The 2020 budget proposals risk further harm to the economy by slashing funding for socio-economic development. The minister of finance, Tito Mboweni began his 2020 budget speech with a return to the analogy of the resilient aloe ferox that “survives and thrives when times are tough”. The Budget Justice Coalition (BJC) contends that while the Read more >
By Thato Mahlangu Solidarity Helping Hand’s Study Fund Centre (SFC) is taking the National Student Financial Aid Scheme (NSFAS) to court after allegations that the scheme erroneously paid billions to a student resurfaced this week. In 2018, the Sowetan reported that a Walter Sisulu University student was accused of wrongfully pocketing more than R800 000 Read more >