If we are serious about growing the economy and creating jobs, we need to support these young people – even though they don't seem to expect any help or handouts, writes Melanie Verwoerd.
Showers late. Morning clouds. Mild.
In the 2018/19 financial year, less than a quarter of audited government departments and public entities achieved clean audits.
The state entities which fall under National Treasury incurred a combined R1bn in irregular expenditure in the 2018-19 financial year - with the biggest contributors being SARS and Treasury itself.
Corrupt auditors did substantial damage to the country. The profession as a whole can help fix that, says Solly Moeng.
Two security contracts that state-owned airline SA Express had with Bosasa, now known as African Global Operations, resulted in over R1m of irregular expenditure.
Departments responsible for state-owned entities must strengthen their oversight, Auditor General Kimi Makwetu said as he announced regressing audit outcomes.
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.
The Auditor General doubts that operations at the SA National Roads Agency and the Road Accident Fund can continue in future given their liquidity challenges, MPs have heard.
The Department of Mineral Resources’s irregular expenditure has spiked from R424 000 reported in 2016/17 to a whopping R11.6m for the past financial year.
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%.
The Standing Committee on the Auditor General has approved amendments to the Public Audit Act, giving the Auditor General of South Africa more power to manage "real and immediate" consequences.
State-owned enterprises are increasingly relying on government guarantees to secure loans, but this comes at the cost of the fiscus, the Auditor-General of South Africa has warned.
Our economy cannot grow unless there is radical transformation of our socio-economic system to free the human potential of the more than 60% of citizens who are currently living on the dysfunctional margins, writes Mamphela Ramphele.
Low crude oil prices are taking their toll on national oil company PetroSA, and the Auditor General has raised concerns over its ability to continue operating in future.
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.
THE Auditor General Kimi Makwetu has released combined audit outcomes of national and provincial governments.
Sixteen of government's departments are in a financially vulnerable position, the Auditor General has warned.
Irregular expenditure at audited state-owned enterprises increased five-fold to R27bn, according to the Auditor General’s report for the 2017/18 financial year.
The Auditor General report on Prasa’s 2016/17 financial year revealed irregularities for 36 tenders, says the Democratic Alliance.
Amendments to the Public Audit Act will among others give the Auditor-General greater power to recover monies lost through financial mismanagement and corruption.
Audit outcomes for municipalities have continued to regress, with irregular and fruitless and wasteful expenditure each ballooning more than 70% for the 2016/17 year.
Western CapeUltimate SearchR180 000.00 - R220 000.00 Per Year
Western CapeO'Dwyer Personnel
Western CapeDepartment of HealthR316 700.00 - R316 791.00 Per Year
Apartments / Flats
R 2 750 000
R 1 849 000
R 7 995 000
We subscribe to the Press Code.
You choose what you want
News24 on Android
Get the latest from News24 on your Android device.
Terms and Conditions
24.com Terms and Conditions - Updated April 2012
Creating your profile will enable you to submit photos and stories to get published on News24.
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.