Municipalities incur staggering R26bn in irregular expenditure

  • 📰 SundayTimesZA
  • ⏱ Reading Time:
  • 55 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 25%
  • Publisher: 51%

South Africa Headlines News

Irregular expenditure was incurred in 246 of the 278 municipalities across SA.

In the Free State, Maluleke made mention of Maluti-a-Phofung municipality as one of those that did not submit financial statements.

“We’ve raised financial health concerns around the Free State local government sphere for many years, and we started to see over-reliance on consultants in the Free State a number of years ago. “This year, some of the things we’re seeing are late or non-submission of financial statements, which is worrying. For example, Maluti-a-Phofung is one of those audits where financial statements are simply not being submitted at all.

“Matjhabeng municipality, which was in the news in the past few weeks because of service delivery protests, is a municipality with a history of financial health challenges, and a history of supply chain management findings that go undealt with in terms of the requisite consequence management. “This year the municipality clocked debt to Eskom of R3.3bn. At the end of the year they owed Eskom R3.3bn but did not have cash to pay. They owed the Sedibeng water board R3.6bn. They have poor infrastructure for water services because they have not been maintaining that infrastructure, and as a consequence this year they reported water losses of R462m.”

 

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

 /  🏆 47. 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.

Municipalities incur staggering R26bn in irregular expenditureAuditor-general (AG) Tsakani Maluleke has reported a staggering R26bn in irregular expenditure at municipalities in the 2019/20 financial year. Take this report to the law enforcement agencies!! The SA Municipalities became a professional criminal institution to loot a d plunder following the ANC modus operandi, SA IA on the brink of collapse Irregular expenditure is a crime period.
Source: SowetanLIVE - 🏆 13. / 63 Read more »

Municipalities incur staggering R26bn in irregular expenditureIrregular expenditure was incurred in 246 of the 278 municipalities across SA. lamasela!!! 🤔so...basically all of them? Stop spending on irregularities dammit!!! Black excellence - in the opposite direction.
Source: TimesLIVE - 🏆 28. / 59 Read more »

Municipality paid financial consultants R24m, but ’little info’ on R1bn expenditureAn Eastern Cape municipality paid its employees R66 million in salaries and R24m to consultants to compile financial statements, yet it obtained a disclaimer of audit opinion. SIU need to investigate!! Highly paid Finance managers and finance departments but they hire external consultants to do basic books for the municipality. And yet ... still fail an audit. Useless incompetence in a nutshell
Source: IOL - 🏆 46. / 51 Read more »

Retailer confidence jumps to six-year highExpenditure rebounds sharply and recovery is also helped by record low interest rates 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 her Lucille19642 Invest and play at similar times each day. Because : In times of chaos, your investment is your anchor to success
Source: BDliveSA - 🏆 12. / 63 Read more »

Small towns are collapsing across SA. How it’s starting to affect farmingA vibrant agriculture and agribusiness won’t develop if poor service delivery by municipalities continues. Well, that is why they are being allowed to collapse by the anc. They want the farms. SHAMOR76 Small towns are collapsing because of incompetent.and lazy councillors Lol so is the public gone be hospitalized in military hospital in pretoria ?
Source: eNCA - 🏆 49. / 51 Read more »

'Covid money used for mayor's car': AG paints grim picture of SA municipalitiesThe worsening financial situation is captured by the fact that out of the 257 municipalities across the country, only 27 received clean audits. Any action taken to recover the billions?
Source: TheCitizen_News - 🏆 6. / 75 Read more »