In a bid to improve the running of municipalities in the province, the North West provincial treasury is rolling out financial recovery plans for 14 particularly troubled entities. Finance MEC Motlalepula Rosho announced the move in June 2021, while tabling the 2021/22 provincial budget. The targeted municipalities all have serious financial management and capacity challenges. Read more >
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CORRUPTION NEWS
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 >
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
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 >