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Public Finance Management Act

Prasa to dismiss four ‘Derailed’ officials
Business
/ 8 June 2020

Prasa to dismiss four ‘Derailed’ officials

The passenger rails agency is to act against officials implicated in former public protector Thuli Madonsela’s 2015 report on corruption and maladministration

By Sabelo Skiti
Council officials must explain wastage or pay up
Article
/ 8 February 2020

Council officials must explain wastage or pay up

The last full municipal audit, for 2017-2018, showed that unauthorised, irregular, fruitless and wasteful expenditure at municipalities has reached R122-billion

By Thando Maeko
Treasury is still seeking SAA funds
Article
/ 24 January 2020

Treasury is still seeking SAA funds

The government has committed an additional R2-billion to the airline, but has yet to pay it out

By Tshegofatso Mathe
Municipal cost-containment measures gazetted as state seeks to tighten its belt
Article
/ 10 June 2019

Municipal cost-containment measures gazetted as state seeks to tighten its belt

The regulations form part of cost-cutting measures by the state as it seeks to improve its balance sheet

By Natasha Marrian
Mboweni admits Ramos among those considered to head Eskom unbundling
Article
/ 22 April 2019

Mboweni admits Ramos among those considered to head Eskom unbundling

Mboweni denies Ramos has been appointed to lead the process of unbundling Eskom, but tells SABC she is among those being considered for the position

By Carin Smith
Eskom battles to claw back Trillians
Article
/ 22 March 2019

Eskom battles to claw back Trillians

The power utility claims there was no contractual basis for the payments to the consulting company

By Sarah Smit
Roof caves in on housing agency
Article
/ 14 December 2018

Roof caves in on housing agency

Executives suspended, reinstated, suspended; the board’s chair removed; corruption; sex-for-jobs claims – and there’s that R11-million deficit

By Paddy Harper and Thanduxolo Jika
Will the new scheme fix the broken one?
Article
/ 9 November 2018

Will the new scheme fix the broken one?

The Road Accident Benefit Scheme is intended to replace the current system administered by the RAF

By Gemma Ritchie
Nzimande says former spokesperson is the right man for NW job
Article
/ 2 October 2018

Nzimande says former spokesperson is the right man for NW job

Blade Nzimande has defended his decision to appoint his close ally and former chief of staff in the higher education department Nqabekaya Nqandela

By Matuma Letsoalo Author
AG slaps Nedlac with qualified audit
Article
/ 2 October 2018

AG slaps Nedlac with qualified audit

Nedlac incurred irregular expenditure to the tune of over R1-million and did not initially disclose this in line with the PFMA

By Khulekani Magubane
Blade gets his man into N West job
Article
/ 21 September 2018

Blade gets his man into N West job

The finance minister has cautioned the transport minister about replacing a seasoned incumbent

By Paddy Harper
Treasury permits cash-strapped SABC to take on more debt
Article
/ 5 September 2018

Treasury permits cash-strapped SABC to take on more debt

The SABC has had a net loss of R622-million in this financial year

By Agency
Estina trial adjourned, magistrate set to decide on lengthy postponement
Article
/ 17 August 2018

Estina trial adjourned, magistrate set to decide on lengthy postponement

They were arrested and charged with fraud, theft, conspiracy to commit fraud and theft as well as contravening several Acts

By Kyle Cowan
SAA pilotless amid turbulence
Article
/ 27 July 2018

SAA pilotless amid turbulence

A report reveals that weak financial controls are at the centre of the airline’s woes

By Sabelo Skiti
Eskom reveals billion rand losses in annual financial results
Article
/ 23 July 2018

Eskom reveals billion rand losses in annual financial results

Eskom’s irregular expenditure, identified under the terms of the Public Finance Management Act, rose to just under R20-billion

By Lynley Donnelly
LIVESTREAM: DA presents case on why Mkhwebane should be removed from office
Article
/ 13 June 2018

LIVESTREAM: DA presents case on why Mkhwebane should be removed from office

Public protector Busisiwe Mkhwebane is in the hot seat in Parliament as the Democratic Alliance presents its case on her fitness to hold office

By Staff Reporter
North West takeover no simple task
Article
/ 18 May 2018

North West takeover no simple task

It’s the first time a whole province has been placed under administration, and the devil is in the detail

By Lynley Donnelly
Lofty expectations for twin peaks
Article
/ 11 May 2018

Lofty expectations for twin peaks

But better regulation of SA’s financial services industry could mean higher bank charges

By Lynley Donnelly
Denel denies contravening policy to grant Mahumapelo’s son a bursary
Article
/ 17 April 2018

Denel denies contravening policy to grant Mahumapelo’s son a bursary

Denel has denied in a statement the bursary was awarded improperly saying the allegations are false

By Mashadi Kekana
Corruption laden Prasa chugs along
Article
/ 13 April 2018

Corruption laden Prasa chugs along

The agency has been sitting on a damning report for a year and there’s still no sign of movement

By Tebogo Tshwane
Shake-up for bond regulations
Article
/ 16 March 2018

Shake-up for bond regulations

Listing requirements for the debt market stand accused of being weaker than those for equities

By Staff Reporter
Gigaba washes his hands of Gupta-related contracts at Eskom, Denel
Article
/ 13 March 2018

Gigaba washes his hands of Gupta-related contracts at Eskom, Denel

Minister Malusi Gigaba has washed his hands of Gupta-related contracts with Eskom and Denel during his tenure as public enterprise minister.

By Lameez Omarjee
Mkhwebane summoned to Parly over Vrede report
Article
/ 11 February 2018

Mkhwebane summoned to Parly over Vrede report

The release of the Public Protector’s report was swiftly met with criticism

By Jan Bornman
Three Gauteng departments in hot water as Life Esidimeni web gets ever more tangled
Article
/ 2 November 2017

Three Gauteng departments in hot water as Life Esidimeni web gets ever more tangled

A high court ruling finds links between a missing R5m for drug rehab and the neglected welfare of the province’s most vulnerable people

By Phillip De Wet
Mkhwebane’s R40-million handshake
Article
/ 13 October 2017

Mkhwebane’s R40-million handshake

By the end of her term, the public protector could pocket a shockingly over-inflated payout

By Phillip De Wet
McKinsey will pay back the money on condition court finds Eskom acted unlawfully
Article
/ 10 October 2017

McKinsey will pay back the money on condition court finds Eskom acted unlawfully

In its statement on Tuesday, McKinsey laid the blame squarely on Eskom.

By Staff Reporter
Boardless Prasa inks R57bn deal
Article
/ 15 September 2017

Boardless Prasa inks R57bn deal

Just who authorised a lucrative rail contract between the embattled parastatal and China?

By Lisa Steyn
Pay up! Government owes R160m to suppliers
Article
/ 11 November 2012

Pay up! Government owes R160m to suppliers

Fourteen government ministries and connected entities have violated the Public Finance Management Act by failing to pay a total of R160m to suppliers.

By Nickolaus Bauer
Row over Koeberg contract
Article
/ 10 June 2011

Row over Koeberg contract

A transatlantic row over a $250-million set of contracts for the replacement and upgrading of the Koeberg nuclear power station has been kept secret.

By Lynley Donnelly
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