In every system of accounting, every debit must have a corresponding credit in order to balance the books. When it comes to reporting on corporate scandals in South Africa, however, the audit profession “debit” column is well populated with few, if any, corresponding “credits”.
Tsakani Ratsela has become the first woman to be appointed to the position of deputy auditor general in the organisation's 103-year history, the auditor general announced on Sunday.
"We are pleased to have a leader of Ratsela's calibre in our midst," said auditor general Kimi Makwetu in a statement.
He said that Ratsela, a chartered accountant, had been working at the organisation as the leader of audit services.
"Since joining our office, she has ably led our office's efforts in building our national audit capabilities."
He said Ratsela's appointment would come into effect on April 1.
The auditor general of SA – established in 1911 – is in charge of auditing and reporting on how the government spends public funds. – Sapa