Msunduzi Municipality receives clean audit opinion

THE Msunduzi Municipality received a clean audit opinion from the Auditor-General for the 2014/2015 financial year.

This clean audit opinion was based on the municipality’s financial statements.

“In my opinion, the financial statements present fairly, in all material respects, the financial position of the Msunduzi Municipality, as at 30 June, 2015 and its financial performance and cash flows for the year then ended, in accordance with the SA Standards of Generally Recognised Accounting Practice (Grap) and the requirements of the Municipal Finance Management Act (MFMA) and Division of Revenue Act (Dora),” reads a passage from the Auditor-General’s report from a recent full council agenda.

“The office of the Auditor-General will present the audit report to the full council in January 2016.”

Democratic Alliance (DA) caucus leader Bill Lambert congratulated municipal manager and municipal CFO, Nelly Ngcobo: “Congratulations to the municipal manager and Nelly for bringing us back to where we belong.” Municipal speaker Babu Baijoo said everyone should be proud of the achievement, adding that accolades go to all municipal councillors and employees for making strides to improve the municipality’s economic standpoint from total bankruptcy.

We live in a world where facts and fiction get blurred
In times of uncertainty you need journalism you can trust. For only R75 per month, you have access to a world of in-depth analyses, investigative journalism, top opinions and a range of features. Journalism strengthens democracy. Invest in the future today.
Subscribe to News24
Lockdown For
DAYS
HRS
MINS
Voting Booth
Who do you think is going to win the 2020 US election?
Please select an option Oops! Something went wrong, please try again later.
Results
Biden is going to take it
47% - 9812 votes
It's four more years for Trump
53% - 11022 votes
Vote
ZAR/USD
16.38
(-1.31)
ZAR/GBP
21.28
(-0.88)
ZAR/EUR
19.26
(-0.96)
ZAR/AUD
11.54
(-0.07)
ZAR/JPY
0.16
(-1.44)
Gold
1876.32
(-1.48)
Silver
23.35
(-3.87)
Platinum
870.00
(-0.47)
Brent Crude
41.09
(+1.96)
Palladium
2231.48
(-3.18)
All Share
52308.14
(-3.28)
Top 40
47930.58
(-3.29)
Financial 15
10026.43
(-4.54)
Industrial 25
72862.13
(-1.98)
Resource 10
48131.41
(-4.51)
All JSE data delayed by at least 15 minutes morningstar logo