Municipalities regress despite paying financial consultants R1.26bn – AG

Picture for illustration. The National Council of Provinces in session. Photo: Kopano Tlape / GCIS

The Auditor-General of South Africa presented a report to the National Council of Provinces about the audit outcomes for municipalities in the 2018-2019 financial year. She said the good news is that there are a few municipalities with clean audits, which shows that “good governance is possible”. She said this was due to “political will and diligent attention to key controls”.“In every society some people do not want to work. Unfortunately they have the upper hand in a society that lacks good leadership!”Second best was Mpumalanga, who mustered two clean audits.

KwaZulu-Natal: “Little change in outcomes, accountability not adequately practiced and enforced by leadership and failure of key controls.”Mpumalanga: “Deteriorating accountability and financial management coupled with weakened oversight at the centre of the significant regressions in audit outcomes.”North West: “Systemic breakdown in the discipline of financial controls.”Collectively, R2.07bn of municipalities’ expenditure was fruitless and wasteful, while R11.

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.

Solidarity Fund approves R1.4bn for Covid-19 supportThe fund has amassed R2.9bn in pledges against its target of R4bn
Source: BDliveSA - 🏆 12. / 63 Read more »

Solidarity Fund disburses R1.4bn for Covid-19 supportThe fund has amassed R2.9bn in pledges against its target of R4bn
Source: BDliveSA - 🏆 12. / 63 Read more »

Municipality doesn’t pay R130m Eskom debt, court clamps downThe case was brought by the Cradock Business Forum (CBF) against Eskom and the Inxuba Yethemba municipality last year, after the power utility cut off Inxuba’s lights.
Source: TheCitizen_News - 🏆 6. / 75 Read more »

Municipal audit outcomes are deteriorating furtherThe deputy auditor-general said only 20 of SA’s 257 municipalities got clean audits for the 2018/2019 financial year
Source: BDliveSA - 🏆 12. / 63 Read more »

PIC backs Edcon rescue planThe PIC, which has R1.2bn invested in Edcon, says the rescue plan approved on Monday by creditors has the best chance of saving jobs
Source: BDliveSA - 🏆 12. / 63 Read more »

Bushveld eyes delayed JSE debut within 12 monthsVanadium producer has no plans to tap shareholders for its R1.73bn expansion plans, resorting to cash and debt
Source: BDliveSA - 🏆 12. / 63 Read more »