As the alleged wrongdoing at Bishops Diocesan College shows, equating wealth with virtue is a bad idea, writes Helena Wasserman.
Sprinkles early. Morning clouds. Mild.
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.
Auditor-General Kimi Makwetu has raised concerns about how his team faced threats and intimidation while conducting their audit work in different municipalities throughout the country.
Approximately 93% of irregular expenditure in government departments and entities has never been followed up on, according to the Auditor General’s office.
The Auditor General will now be able to compel accounting officers to implement remedial action recommended to rectify financial irregularities.
Scopa and SCOA have called for accountability from those failing in their duties, after just 25% of 434 audited government departments and state-owned enterprises received clean audits compared to 34% last year.
After scrambling to find funding to make up for losses of R6bn, Sanral has reportedly started issuing summonses motorists in the province who have defaulted on their toll debt.
Auditor General Kimi Makwetu said while he believed that the audit evidence that he obtained was sufficient and appropriate to provide a basis for his finding, PIC’s link to BIG was a point of emphasis.
The Development Bank of Southern Africa has had a rocky few years after publicly falling out with previous Eskom leadership on governance challenges.
Auditor General Kimi Makwetu says over the past four financial years, the number of entities with qualified audit opinions in the North West has risen from 19% to 59%.
National Assembly Speaker Baleka Mbete says death threats against the office of the Auditor-General are an attempt to undermine the institution's powers and a threat to accountability.
Auditor-General Kimi Makwetu has released the 2017/2018 municipal audit report in Pretoria.
Corrupt auditors did substantial damage to the country. The profession as a whole can help fix that, says Solly Moeng.
The Auditor-General of South Africa has found R2.5bn fruitless and wasteful expenditure in South African state departments and state-owned entities, and irregular expenditure of R5.1bn for the 2017-'18 financial year.
Auditor General Kimi Makwetu has given Prasa a qualified audit opinion on its latest annual report and financial statements, saying he is uncertain Prasa can continue as a going concern.
Auditor General Kimi Makwetu has called for tighter controls in the financial sector, lamenting high rates of irregular spend.
Nedlac has been slapped with a qualified audit opinion in its annual report after incurring some R1m in irregular expenditure and not initially disclosing it in line with the PFMA, says the Auditor General.
Auditor General Kimi Makwetu has said the commission not only incurred millions in irregular expenditure but also exceeded its approved budget.
President Cyril Ramaphosa says he is currently considering the Public Audit Amendment Bill to ensure that it does indeed pass the test of constitutionality.
The auditing firm will be closing four smaller regional offices and retrenching around 400 staff members, in part because of the termination of work it did for the Auditor-General.
At the moment the Auditor General’s office doesn’t have the power to enforce its recommendations. But that’s about to change, writes Dirk Brand.
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