The CSOS said the two were alleged to have been grossly negligent by investing surplus funds with VBS
President Cyril Ramaphosa needs to display that wrongdoers of the Jacob Zuma era are going to be held accountable through prosecution
A housing scheme regulator invested R80m in the troubled bank. Now the minister has stepped in
Officials will have to follow up on the auditor general’s reports or pay back the money
Several weeks ago, a fake Auditor General document which made adverse claims about the Cape Town mayor was shared on social media
Only 33 out of the country’s 257 municipalities managed to produce quality financial statements, performance reports and receive a clean audit
Last year irregular expenditure by municipalities increased over 50% to R16-billion. This year however, it increased 75% to R28.4-billion
Auditor-General Kimi Makwetu will report back on the audit results of the country’s municipalities for the 2016/2017 financial year
Kimi Makwetu says leadership at Nkonki Inc and the contagious effect of eroded trust in KPMG drove his office to cut ties with the auditing firms
Barclays Africa Group announced that it is cutting ties with beleaguered firm KPMG as its joint auditors
The Financial Times reported on Tuesday that KPMG could face protests over its audits of major clients Wells Fargo and General Electric
In wake of public sector work ban, the auditing firm has decided to undergo voluntary liquidation of its operation in Sunninghill
The government has cancelled its auditing contracts with KPMG and Nkonki Inc
‘Asking Moyane and Makwakwa to be accountable might make those taxpayers feel a little better’
The amount misspent by state-owned enterprises may almost match the R50-billion budget gap
Irregular expenditure ballooned by billions of rands as municipal leaders looked elsewhere
Our national and provincial departments racked up R25.7-billion in irregular expenditure, although this was 27% less than the year before.
Insufficient financial records, poor procurement processes and a lack of accountability resulted in R11.6bn in irregular expenditure in 2012-2013.
Current deputy auditor general Kimi Makwetu is set to take over as the country’s auditor general from Terence Nombembe later this year.