Audit of Necsa report lays bare challenges facing new board

2020-03-06 10:23

Auditor General Kimi Makwetu has slapped the Nuclear Energy Corporation of South Africa with a disclaimer audit opinion.

Threats and bribes – Auditor General tells of lengths councils go to avoid accountability

2019-12-08 13:06

Auditor General Kimi Makwetu said auditors and other staff in the AG's offices have had to endure stressful conditions, including bribes and intimidation.

'Nelson Mandela Bay is a gangster state': More allegations of threats emerge after AG team flee municipal offices

2019-11-08 16:46

Nelson Mandela Bay politics appears to be becoming increasingly volatile and violent. In the latest incident, officials from the Auditor General were forced to flee the municipal offices.

Fewer guns, more tech: Denel hints at potential operational shifts

2019-11-06 15:29

The arms group's CEO says it cannot rely exclusively on the production and sale of arms to drive profits in the future.

Audit reports read like an SOS from SOEs, Parliament hears

2019-10-09 05:00

Irregular expenditure among the entities under the Department of Public Enterprises went from R31.4bn in the 2017/18 financial year to R86.2bn in the 2018/19 financial year.

Denel still bleeding, but auditors say it's a going concern

2019-10-03 15:13

Denel's bad reputation had a "draining impact" on its financial position, as the arms manufacturer recorded a net loss of R1.5bn, said CEO Danie du Toit.

Nedlac failed to prevent R11m irregular expenditure - AG

2019-09-06 16:45

Irregular expenditure at National Economic Development and Labour Council went up from R1.4m in 2018 to R11.5m in 2019. The irregular expenditure reflected from 2018 is the subject of a disciplinary inquiry.

ANALYSIS: Municipalities owed Eskom R9.1bn last year - 10 statistics that show how they wasted your money

2019-06-26 17:58

Auditor-General Kimi Makwetu has released the 2017/2018 municipal audit report in Pretoria.

Updated: Former Prasa boss wants police to find creator of 'manufactured' AG report

2018-12-17 18:05

Collins Letsoalo says he will lodge a complaint of fraud against a journalist to enable police to investigate who created a "manufactured" auditor general report that he says tarnished his name as a dedicated civil servant.

Auditor General gets more teeth to fight financial irregularities at public entities

2018-11-21 17:24

The Auditor General will now be able to compel accounting officers to implement remedial action recommended to rectify financial irregularities.


Auditor General uncovers further potential losses of public funds as stricter rules kick in

2020-02-03 16:56

'If the money has not yet been stolen, then the environment is fertile for those that are planning to take it next week,' says Auditor General Kimi Makwetu.

SA Express reports net loss of R590m

2019-11-16 10:51

SA Express reported a net loss of R590m in the financial year ended in March 2019 and a net current liability position of R374m.

Some municipalities struggling to deliver services after VBS losses, AG warns

2019-11-07 13:16

Fourteen municipalities that deposited R1.6bn in the ill-fated VBS Mutual Bank were unlikely to ever recover their money, the auditor general says.

Prasa financials too disorganised to audit - AG

2019-10-09 21:20

Auditor General Kimi Makwetu has given Prasa a disclaimer of opinion in its 2018/19 annual report, saying management did not properly account for assets, fare revenue and other financial information.

Long road ahead for floundering PIC

2019-10-03 16:54

The Public Investment Corporation is working on boosting staff morale and restoring its image, but interim chair Reuel Khoza says "much more" must be done to rebuild it after two governance interventions and a year of intense public scrutiny.

IT service spend trips up PSC audit

2019-09-26 18:34

According to the Public Service Commission's financial statements, it spent R5.3m in 2018-19, of which around 40% went to service providers other than SITA.

The R1.6bn VBS write-off and other worrying stats from the Auditor General

2019-07-16 16:43

The Auditor General has been given more teeth, and should be allowed to use them, Parliament’s Standing Committee on Public Accounts and the Standing Committee on the Auditor General have said.

Expect surge in irregular expenditure reported at SOEs, says Gordhan

2019-03-14 06:00

In the past, auditors failed to correctly identify it, Public Enterprises Minister Pravin Gordhan has said.

Our job's not to search for state capture, but we found signs things were wrong - AG's office

2018-11-28 06:45

Approximately 93% of irregular expenditure in government departments and entities has never been followed up on, according to the Auditor General’s office.

2 chief directors in North West premier's office suspended over R240m fraud allegations

2018-11-16 13:18

Two chief directors in the office of North West Premier Job Mokgoro have been suspended for allegedly defrauding the province of almost a quarter of a billion rand over a two-year period.

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