Kimi makwetu
Makwetu criticises KZN municipalities after 'no change' in last audit outcome
Irregular expenditure among the country's municipalities has increased to R32 billion in the 2018/19 financial year.
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Some Limpopo municipalities still reeling impact of VBS losses, says Makwetu
Service delivery was also affected in these municipalities, with the Makwetu adding that cost-containment measures and recovery plans were introduced in the hope of recovering from the 'huge financial loss'.
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There'll be change in municipalities if leaders held accountable - Salga
The organisation said it would encourage treasury to implement Section 216 of the Constitution to withhold equitable share to address financial misconduct.
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Municipalities' irregular expenditure up by R7bn, now sitting at R32bn - Makwetu
This has been attributed to departures from prescribed regulations a problem that has hogged municipal finances for some time.
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Makwetu expected to release consolidated local govt audits today
However, this is also the first time that the AG’s office will exercise its new powers to act on corruption and the abuse of public finances.
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KZN govt launches 'clean audit committee' over irregular expenditure
Over a week ago, Auditor-General Kimi Makwetu revealed that KZN incurred the irregular expenditure of over R12 billion, a R2 billion increase from the previous year, the highest figure in the country.
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AG Kimi Makwetu reveals threats, attacks on his auditors
Makwetu has briefed Parliament’s Standing Committee on the Auditor General about intimidation against auditors during the recent municipal audits.
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Zikalala declares war on wasteful expenditure in KZN after AG audit results
On Wednesday, Auditor-General Kimi Makwetu revealed that KZN incurred irregular expenditure of over R12 billion, the highest figure of all provinces and even national government.
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Scopa questions Prasa board's effectiveness after audit disclaimer
Auditor-General Kimi Makwetu found Prasa’s books were too disorganised to even audit and so the agency was slapped with a disclaimer.
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14 SOEs rack up billions in irregular expenditure - Makwetu
Kimi Makwetu said the 14 SOEs notched up R1.4 billion in irregular expenditure but warned this figure could rise as four of them could not make full disclosure on this.
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NSFAS administrator says irregular expenditure of over R7bn concerning
The financial scheme briefed Parliament Wednesday, where it disclosed irregular expenditure to the tune of over R7 billion.
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Municipalities owed over R100bn, Parliament told
National Treasury chief director TV Pillay told MPs the worst-performing municipalities were also owed a R150 billion in unpaid debt, and this had a serious impact on revenues.
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Irregular expenditure by govt up from R51bn to R61.3bn, AG tells MPs
Makwetu briefed a joint meeting of Parliament’s Standing Committee on Public Accounts and Standing Committee on Appropriations.
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SABC awarded contracts to non-qualifying bidders - AG
The Auditor-General on Tuesday listed a number of concerns around the South African Broadcasting Corporations (SABC)’s annual financial statements, from irregular expenditure to poor consequence management and contravention of procurement regulations.
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Lack of consequence against financial mismanagement in govt is 'very costly'
Kimi Makwetu briefed the standing committee on the Auditor-General during a workshop on the work of the institution and the Public Audit Act which came into effect in April.
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Makwetu: 88% of municipalities still awarding tenders unfairly
Auditor-General Kimi Makwetu said that tenders worth nearly a billion rand were awarded to state officials in violation of the Municipal Financial Management Act.
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VBS collapse will affect municipal service delivery for years to come, says AG
Kimi Makwetu said some municipalities in Limpopo and Gauteng invested funds that were earmarked for long-term projects with the bank.
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Accountability worsening as only 18 municipalities get clean audits - AG Makwetu
Auditor-General Kimi Makwetu has revealed the local government audit results for the 2017-2018 financial year.
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Kimi Makwetu to deliver local govt audit results
Last year, Makwetu said only 13% of municipalities were producing quality financial statements.
