Auditor-General report highlights R3.21bn in unauthorised expenditure | Citypress

  • 📰 City_Press
  • ⏱ Reading Time:
  • 77 sec. here
  • 3 min. at publisher
  • 📊 Quality Score:
  • News: 34%
  • Publisher: 72%

South Africa Headlines News

South Africa Latest News,South Africa Headlines

Auditor-General concerned about weak financial controls in SOEs

DA chief whip Natasha Mazzone said the increase of irregular expenditure by 34% to R167 billion in national and provincial government departments was the clearest evidence yet that President Cyril Ramaphosa’s promise of a new dawn had failed to deal with financial malfeasance in government and across SOEs.

These included Alexkor, the Land and Agricultural Development Bank [Land Bank], the Independent Development Trust, the SA Post Office, SAA, SA Express Airways and Denel.Combatting corruption is key to creating a sustainable path of future growth for South Africa She said the audit outcomes of national and provincial governments and their entities, though improving, continued to show slow progress in the journey towards wholesale good governance.Besides the SOEs that she had red-flagged, the AG said the key service delivery departments of health, education, housing and public works were also “lagging behind”.

“Therefore, oversight structures need to pay particular attention to service delivery departments, and all role-players must be vigilant and exercise their duties with diligence.”She noted that the number of clean audits increased every year, “due to significant effort and commitment by the leadership, officials and governance structures” of the auditees that produced the desired audit outcomes.

“While we are yet to see the progressive and sustainable improvements required to realise an overall change in outcomes, we note and acknowledge the efforts of the many accounting officers and authorities that seek to instil a culture of good governance, accountability and discipline in the system,” said Maluleke.Regarding the financial health of departments, Maluleke said that unauthorised expenditure remained high at a total of R3.21 billion, mostly due to overspending of the budget.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

166 billion rands irregular expenditure, all under the new dawn

“Feeding at the public trough” Newdawn

Merry Christmas to everyone 🎆🎆🎆🎆🎆 Due to Merry Christmas The ALDI this first 50 people to Comment (ALDI) Will receive their $750.00. Trust me it's real. And it starts now DM him Mike67857

More than expectations comes from where it abundance Ramoscox1 really came up with what no investor can afford to miss. Support are always very active. Their farm is very productive System is very automatic and fast. Be a witness to yourself, $300 earn me $5500 just in 7 days

IFC_org BBCWorld WHO EU_Commission eu_eeas AusGov NewZealandGov EnglandGov MoodysInvSvc stat_world questCNN MinPres NEDemocracy en_germany UKParliament DailyMailUK SwedenUN swiss_un FBI FitchRatings UN

Good Morning Can anyone please assist or share my message, I’m really in need of assistance. I’m a bricklaying apprentice currently busy with my 2nd year, can anyone please assist me with taxi fare to school, my return fare is R55. .🙏🏾🙏🏾🙏🏾🙏🏾🙏🏾 Contact details: 071 950 3434

For all those who are new to this working from home Bitcoin trading options Here's a little tip: Get a trusted Bitcoin expert and stick to him _566Alexander Invest and play at similar times each day. Because : In times of chaos, your investment is your anchor to success

Congratulations to the lucky winners yesterday.We are still giving out a payment of R17000 to R19000 to the first 30 people to comment CASH just like we did yesterday .

Laughter is not available as an option right now!

Yet these soe's have a bunch of useless qualified people

Where is Pravin and DPE_ZA

What controls?

I think this office must just be shut down. It gives a narrative on what went wrong,how much was lost and mismanaged and then what...nothing happens

Pravin is useless!

I'm concerned that she thinks her job is to be concerned. Is this what people are paying for, concern?

Improve recruitment process and managerial oversight...kick politicians out

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 7. in ZA

South Africa Latest News, South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Auditor-general unearths R166bn in irregular expenditureAt least 44% of the R500bn Covid-19 relief package towards health response and relief of social and economic distress had been spent by end of March. Congratulations to the lucky winners yesterday.We are still giving out a payment of R17000 to R19000 to the first 30 people to comment CASH just like we did yesterday . Shame what a waste of energy for absolutely no impact afterwards. Embarrassing 🤮
Source: SowetanLIVE - 🏆 13. / 63 Read more »

Auditor-general unearths R166bn in irregular expenditureAt least 44% of the R500bn Covid-19 relief package towards health response and relief of social and economic distress had been spent by end of March. So much irregular expenditure under the new dawn SA needs a different procurement system. If the government had issued the support via blockchain based solutions they would be able to track every sent. Why is there no political will?
Source: SundayTimesZA - 🏆 47. / 51 Read more »

AG says irregular expenditure rises to over R166bnAuditor-General Tsakani Maluleke says this shows proper supply chain processes are not being followed. Umnandi umbuso ka khongolose, yoba le ANC. Kuyadliwa maan!
Source: eNCA - 🏆 49. / 51 Read more »

Maluleke warns R166 billion in irregular expenditure could still rise
Source: ewnupdates - 🏆 30. / 53 Read more »

Advertorial | Standard Bank wins digital learning award | CitypressStandard Bank’s Insurance Academy has won the South Africa Board for People Practices (SABPP) 2021 Award for digital learning awards for strategic alignment and learning practice for an organisation. My company need distributors Can you work online for 3 hours using your smartphone? Payment is daily, Just DM the Man Mike67857 Congratulations to the lucky winners yesterday.We are still giving out a payment of R17000 to R19000 to the first 30 people to comment CASH just like we did yesterday .
Source: City_Press - 🏆 7. / 72 Read more »

Uninformed podcasts: Why MacG and Jub Jub were wrong | CitypressIn the world of podcasts, what line should be drawn between important information and perspectives, and censoring the voices of the cultural curators and trendsetters? Make it free for all to read and engage on what’s written Trying to make a dime on Mcg's expense 🤦‍♂️ Uninformed newspaper for years and it's called city press . An idiot newspaper with no values . Saying podcasts is uniformed yet they r live with their guests VS newspaper that just write every noncence that they feel like writing
Source: City_Press - 🏆 7. / 72 Read more »