Msunduzi Municipality receives clean audit opinion

2015-12-16 06:00

THE Msunduzi Municipality received a clean audit opinion from the Auditor-General for the 2014/2015 financial year.

This clean audit opinion was based on the municipality’s financial statements.

“In my opinion, the financial statements present fairly, in all material respects, the financial position of the Msunduzi Municipality, as at 30 June, 2015 and its financial performance and cash flows for the year then ended, in accordance with the SA Standards of Generally Recognised Accounting Practice (Grap) and the requirements of the Municipal Finance Management Act (MFMA) and Division of Revenue Act (Dora),” reads a passage from the Auditor-General’s report from a recent full council agenda.

“The office of the Auditor-General will present the audit report to the full council in January 2016.”

Democratic Alliance (DA) caucus leader Bill Lambert congratulated municipal manager and municipal CFO, Nelly Ngcobo: “Congratulations to the municipal manager and Nelly for bringing us back to where we belong.” Municipal speaker Babu Baijoo said everyone should be proud of the achievement, adding that accolades go to all municipal councillors and employees for making strides to improve the municipality’s economic standpoint from total bankruptcy.

Join the conversation!

24.com encourages commentary submitted via MyNews24. Contributions of 200 words or more will be considered for publication.

We reserve editorial discretion to decide what will be published.
Read our comments policy for guidelines on contributions.

Inside News24

 
PARTNER CONTENT
INFOGRAPHIC: New thinking required for retirement

Everything we believe about retirement is fast becoming outdated.

PARTNER CONTENT
WATCH: How education can change a life

A university education gives students the chance to create a better future for themselves, their families and to opportunity achieve their dreams.

/News

Book flights

Compare, Book, Fly

Traffic Alerts
There are new stories on the homepage. Click here to see them.
 
English
Afrikaans
isiZulu

Hello 

Create Profile

Creating your profile will enable you to submit photos and stories to get published on News24.


Please provide a username for your profile page:

This username must be unique, cannot be edited and will be used in the URL to your profile page across the entire 24.com network.

Settings

Location Settings

News24 allows you to edit the display of certain components based on a location. If you wish to personalise the page based on your preferences, please select a location for each component and click "Submit" in order for the changes to take affect.




Facebook Sign-In

Hi News addict,

Join the News24 Community to be involved in breaking the news.

Log in with Facebook to comment and personalise news, weather and listings.