Audits: Less exaggeration, urges official

2012-07-27 22:10
Terence Nombembe (File, Sapa)

Terence Nombembe (File, Sapa)

Multimedia   ·   User Galleries   ·   News in Pictures Send us your pictures  ·  Send us your stories

Johannesburg - The auditor general's report on municipal finances should be examined instead of the outcomes being exaggerated, Salga chairperson Thabo Manyoni said on Friday.

"A biased picture of [a] virtual collapse of financial management in many local governments, including the major cities, is being painted," the SA Local Government Association's Manyoni said.

"But a closer examination of the AG's findings and a more rigorous understanding of the nature of these audits, and their terminology, paints a different picture."

Terence Nombembe's report was released on Monday, and indicated that only five percent of the country's 343 municipalities got clean audits.

The report revealed that none of the country's metros received clean audits. It showed that procurement to the value of R3.5bn could not be audited because the required information was not available.

Manyoni said local government was aware it faced problems. Some municipalities had a long way to go before they could reassure residents they were managing their finances properly and that public money was being well spent, he said.

"But local government's ability to manage their finances and meet stringent financial control requirements is by no means as bleak as the initial reaction to the AG's report might suggest."

Manyoni said an improvement could be seen in the state of municipal finances. Salga was conducting an assessment of audit committees to identify ways to improve oversight in municipalities.

"The key challenge now is to build on our successes, learning lessons from those municipalities which have been able to turn their situation around," he said.

Manyoni said municipalities needed to produce high quality financial records that demonstrated good governance and sound financial management.

According to Nombembe's report six new municipalities joined the clean audit category, taking the total to 13. These were in KwaZulu-Natal, Limpopo, Mpumalanga, and the Western Cape.

None of the country's metros received clean audits, while 13% of municipalities did not submit financial statements in time for auditing.

- SAPA
Read more on:    salga  |  terence nombembe  |  thabo manyoni  |  local government  |  politics  |  government spending
NEXT ON NEWS24X
SHARE:

Read News24’s Comments Policy

24.com publishes all comments posted on articles provided that they adhere to our Comments Policy. Should you wish to report a comment for editorial review, please do so by clicking the 'Report Comment' button to the right of each comment.

Comment on this story
25 comments
Add your comment
Comment 0 characters remaining
 

Inside News24

 
/Music

Jobs in Cape Town [change area]

Property [change area]

Travel - Look, Book, Go!

Magical Massinga

Spend 5 nights at the gorgeous Massinga Beach Lodge in Mozambique and only pay for 4 from R13 220 per person sharing. Includes return flights, accommodation, transfers and romantic turndown. Book now!

Kalahari.com - shop online today

Up to 40% off fashion accessories

Save up to 40% on selected handbags, purses, watches, jewellery and more. Offer valid while stocks last. Shop now!

Save up to R2000 on top electronics

Get every day mind bowing savings on top electronics. Offer valid while stocks last. Shop now!

As seen on TV - New book releases at only R199 each

Get mind blowing book savings on new titles. Offer valid while stocks last. Shop now!

Save up to 50% on Women’s month treats!

Celebrate the awesome women in your life with awesome treats like beauty products, fashion accessories, bestselling books, electronics and more. Offer valid while stocks last. Shop now!

Up to 60% off - clearance sale!

Save up to 60% on appliances, books, electronics, toys, movies and more. Offer valid while stocks last. Shop now!

OLX Free Classifieds [change area]

Samsung Galaxy s4

Mobile, Cell Phones in South Africa, Western Cape, Cape Town. Date October 24

Best bargain in big bay

Real Estate, Houses - Apartments for Sale in South Africa, Western Cape, Cape Town. Date October 25

VW Golf 6, 1.6 Trendline (Excellent condition)

Vehicles, Cars in South Africa, Western Cape, Cape Town. Date October 25

Horoscopes
Aquarius
Aquarius

The quest for understanding has reached a new intense emotional level. The more tempestuous your emotions are, the bigger the...read more

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.