FF Plus founder Constand Viljoen dies at age 86
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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.
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Auditor General raises red flags over state of struggling SOEs
Kimi Makwetu briefed Parliament’s portfolio committee on energy on Tuesday on its audit outcomes for the 2017/2018 year.
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Makwetu: 'Financial outlook for most state-owned entities bleak'
A significant number of parastatal's audits were not completed by the end of September cut-off date because they were still struggling to prove they are going concerns.
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AG raises red flags over provincial depts’ state of finances
The departments of Health, Education and Public Works account for just over half of all provincial budgets and are responsible for key programmes. The AG's report says these departments were in 'a bad state'.
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Audit outcomes for govt depts & SEOs have regressed, says Makwetu
Auditor-General Kimi Makwetu on Wednesday released his consolidated report on the national and provincial audit results for the 2017/18 financial year at Parliament.
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Financial health of some govt depts continue to deteriorate, says Makwetu
Auditor-General Kimi Makwetu has flagged the need for urgent steps to prevent the collapse of some provincial Health, Education and Public Works Departments.
