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Covid millions lost to greed, carelessness, and mismanagement

At the beginning of September the Auditor-General of South Africa (AGSA) released its first special report on the management of funds set aside for government’s Covid-19 response. The fiscal relief package was funded reprioritising the 2020-21 budgets and by securing loans. Although, regrettably, the nation fully expected gross misuse and irregularities, the sheer scale of Read more >

Covid-19 audit flags weak controls, as expected

The report covers about R69-billion of the R147-billion spending for the period from April – when the R500-billion fund was announced by President Cyril Ramaphosa – to the end of July. It has flagged, so far, glaring signs of trouble: Exorbitant spending against suppliers when compared to their pre-Covid-19 spendingSuppliers used for the first time Read more >

Applications for AG position now open, until 17 July

Parliament has issued a call for applications for the upcoming post of auditor-general (AG). The term of office of current AG Kimi Makwetu will end on 30 November 2020. The Office of the Auditor-General South Africa (AGSA) is an institution supporting constitutional democracy, established in terms of sections 188 to 189 of Chapter 9 of Read more >

MFMA report: officials continue to squander municipal millions

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 >