Its reputation is not being helped at all by the crisis at its independent regulatory body
As a seasoned professional in the field of auditing, Kimi Makwetu’s characterisation of his trade as more than just a profession was reflective of the alchemy between his sense of public duty and the commitment to professionalism
The smoke signal comes from irregular expenditure and over the past seven years, there has been about R1.65-billion of it. Auditor general Kimi Makwetu tells Athandiwe Saba that this is when the squandered money cries for help
The Prudential Authority has given Ithala Bank until June 2021 to submit its application for a banking licence in terms of the Banking Act
We will probably hear premiers, a minister or even the president saying they “condemn in the strongest terms” what is happening in municipalities
Municipalities are in complete disarray, with many of them flagged by the auditor-general for deliberate lack of accountability and tolerance for transgressions by political and administrative leadership while billions are squandered.
The lack of accountability and consequences for deviant behaviour by government officials allowed the misuse of taxpayers’ money
Despite commendable work and persistent battles, not enough
is being done for these learners
Midvaal mayor Bongani Baloyi shows the value of competent young leaders who prioritise accountability and challenge the status quo
The last full municipal audit, for 2017-2018, showed that unauthorised, irregular, fruitless and wasteful expenditure at municipalities has reached R122-billion
A broken municipality and a four-year crisis forces residents to consider desperate choices, such as
trading sex for water
Irregular expenditure is increasing, but the Auditor General is using more of its powers to get the money back
Local government officials must work together with citizens to ensure communities participate in decision-making that affects them
The AG has called for more leadership from municipalities and local government, as his office prepares to get more power to force accountability
Although irregular expenditure has decreased slightly in municipalities, most of them were unable to achieve a clean audit
Auditor General Kimi Makwetu will release the latest audit of the state of municipalities throughout the country
The regulations form part of cost-cutting measures by the state as it seeks to improve its balance sheet
Run your home like a country and you’ll soon learn how to hold the government accountable
Citizens must exercise their right to vote to ensure responsible governance
President Cyril Ramaphosa is expected to make the announcement at the Union Buildings in Pretoria
A new law gives the auditor general the power to act against corruption and wasteful expenditure
The Auditor General says over the last four years, more audit outcomes have regressed than improved
The panel interviewing candidates who are vying to be the next NDPP heard from the first woman candidate on Wednesday
They were also unable to account for more than R15-million in property under their control
The auditor general berated Ingonyama Trust for mismanagement and wrongfully keeping revenue
Besides recovering from instances of past mismanagement, Prasa is also facing incidences of damaged carriages and passenger infrastructure
National Treasury will need approval from Parliament’s standing committee on public accounts if it wants the irregular expenditure condoned
According to Makwetu, irregular expenditure at local government has accelerated
Nedlac incurred irregular expenditure to the tune of over R1-million and did not initially disclose this in line with the PFMA
Auditor General Kimi Makwetu gave the PIC an unqualified audit with findings. The finding is related to the Bophelo investment impairment
In his audit report, Kimi Makwetu said the Commission not only incurred millions in irregular expenditure, but it also exceeded its approved budget
The CSOS said the two were alleged to have been grossly negligent by investing surplus funds with VBS