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.

Unemployment Insurance Fund slapped with qualified audit

2019-12-02 15:32

In his audit report, Auditor General Kimi Makwetu said he could not find adequate evidence in the financial statements of the Unemployment Insurance Fund to substantiate figures related to line items including investment, impairments and unlisted instruments.

Audit outcomes: Western Cape best, no clean audits for Free State, regression for Gauteng

2019-11-20 20:53

Auditor-General Kimi Makwetu has called on the provincial leadership and legislatures to pay attention to improving the audit outcomes in the provinces.

At R175bn, govt's cumulative irregular spend now tops its annual budget for police and defence

2019-10-23 14:47

In the 2018/19 financial year, less than a quarter of audited government departments and public entities achieved clean audits.

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.

Makwetu: Auditors faced threats, intimidation over findings

2019-06-26 17:05

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.

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.

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.

Parliament: We demand answers on ballooning irregular spend

2018-10-10 20:27

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.

Sanral's bumpy road with e-tolls leads to R6bn funding gap

2018-10-03 11:01

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.


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.

Auditor General Makwetu disappointed at outcomes: Key points

2019-11-21 05:28

Auditor General Kimi Makwetu has revealed the "disappointing" audit results for national and provincial governments for the 2018/2019 financial year.

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.

SOE bailouts will increase budget deficit, lead to downgrades, warns Auditor General

2019-10-23 13:31

State-owned enterprises are increasingly relying on government guarantees to secure loans.

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.

Solly Moeng: Here's how auditors can help rebuild SA

2019-04-24 06:02

Corrupt auditors did substantial damage to the country. The profession as a whole can help fix that, says Solly Moeng.

SA state departments and SOEs waste R2.5bn - AG finds

2018-11-21 21:53

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.

AG questions Prasa's future as mismanagement, burnt trains take their toll

2018-10-17 11:07

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: Irregular spend at 'all-time high'

2018-10-08 16:20

Auditor General Kimi Makwetu has called for tighter controls in the financial sector, lamenting high rates of irregular spend.

AG slaps Nedlac with qualified audit

2018-10-02 13:47

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.

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


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 network.