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 Express incurred over R1m in irregular expenditure through Bosasa contracts

2019-01-01 16:21

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.

Tighten the leash on regressing SOEs, says Auditor General

2018-11-21 15:55

Departments responsible for state-owned entities must strengthen their oversight, Auditor General Kimi Makwetu said as he announced regressing audit outcomes.

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, RAF may grind to a halt - AG report

2018-10-10 16:23

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.

Mineral Resources dept's irregular spend balloons to a whopping R11.6m

2018-10-09 14:46

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 slams North West province's audit performance

2018-06-29 07:42

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%.

AG given more teeth to refer audits for law enforcement

2018-05-24 14:47

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.

Steer clear of Nkonki Inc until you know who owners are, MPs tell AG

2018-05-06 12:57

Parliament has urged Auditor General Kimi Makwetu not to conduct any business with Nkonki Inc until its ownership and shareholding is known and clarified.

Fiscal commission working to maintain finances despite resource limits

2018-04-19 16:07

The Financial and Fiscal Commission is by no means the worst transgressor of all government entities when it comes to financial management and plays an important role in advising Parliament.


PetroSA still facing uncertain future - Auditor General

2019-02-12 18:00

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.

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.


2018-11-21 13:26

THE Auditor General Kimi Makwetu has released combined audit outcomes of national and provincial governments.

16 government departments are financially vulnerable - AG report

2018-10-10 19:35

Sixteen of government's departments are in a financially vulnerable position, the Auditor General has warned.

Irregular expenditure at audited state-owned enterprises swells to over R27bn

2018-10-10 12:04

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.

Leaked report reveals 'questionable' bids, lack of consequences at Prasa

2018-08-21 18:15

The Auditor General report on Prasa’s 2016/17 financial year revealed irregularities for 36 tenders, says the Democratic Alliance.

Amendments to Public Audit Act turn AG from 'chihuahua to pitbull'

2018-05-29 12:17

Amendments to the Public Audit Act will among others give the Auditor-General greater power to recover monies lost through financial mismanagement and corruption.

Irregular spend by SA municipalities up 75% to R28.4bn as audit outcomes regress

2018-05-23 11:05

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.

We're not banning KPMG, says AG Kimi Makwetu

2018-05-04 13:43

Whether KPMG will ever be allowed to do business with his office will depend largely on the outcome of investigations and whether its leaders can rebuild trust, says the Auditor General.

KPMG hopes AG termination of contracts will be temporary move

2018-04-17 18:29

KPMG CEO Nhlamu Dlomu says she hopes Auditor General Kimi Makwetu’s decision to terminate the company’s services will be a “temporary break”.

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