South Africa is hosting the SAI20 Summit 2025, a gathering of heads of supreme audit institutions (SAIs) from G20 member countries, in Johannesburg on 24 and 25 June. The summit is chaired by the SAI of the country currently holding the G20 presidency, which also hosts all other G20 workstream engagements for that year. Previous Read more >
Posts
Auditor-General Tsakani Maluleke on Wednesday revealed to Parliament that only 41 of South Africa’s 257 municipalities obtained clean audit outcomes in the latest Municipal Finance Management Act audit outcomes for the 2023/24 financial year – although this is an improvement from the previous reporting period’s 35 municipalities. Furthermore, 99 municipalities obtained unqualified outcomes with findings, Read more >
Auditor-General (AG) Tsakani Maluleke has cautioned the government of national unity (GNU) to prioritise service delivery and enhance inter-governmental planning in its capacities in both the executive and the legislature. Maluleke released the latest audit outcomes for provincial and national departments and entities, governed by the Public Finance Management Act (PFMA), on 27 November in Read more >
The Good Governance Academy (not to be confused with Good Governance Africa) is a non-profit organisation that collaborates globally to share information on critical business issues as a public good, under the patronship of its founder, former Supreme Court judge Prof Mervyn King. The organisation is known primarily for promoting good governance in the corporate Read more >
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 >
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 >
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 >
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 >
National and provincial government has improved over the last four years on reporting on finances. They have also improved on performance and compliance with key legislation, but for continued improvement to be realised, the national legislature and its provincial counterparts must enhance oversight mechanisms that will ensure transparency and diligent performance by the departments that Read more >