Auditor General South Africa
latest news & developmentsMathjabeng in financial freefall
The Free State municipality is facing severe fiscal distress, with liabilities exceeding R5.8bn and a R871.6 million deficit, says Auditor General Tsakani Maluleke
‘We are no VBS,’ says Ithala Bank chief executive Thulani Vilakazi
The KwaZulu-Natal state-owned bank is working to overcome its regulatory and legislative issues
Ingonyama Trust Board may drop residential lease appeal
The board is also considering closing Ingonyama Holdings
Ingonyama Trust Board gets a new chairperson
The nomination of Inkosi Thanduyise Mzimela by the Zulu king clears the way for a permanent board to be appointed
Ingonyama Trust Board is unaccountable: Parliament
Land Reform Minister Thoko Didiza says a new board will be in place by mid-January
Postbank’s irregular spending rises by R118 million
Poor leadership and accountability hindered the entity from developing proper procedures to deal with those responsible for mismanagement and fraud
AG, parliament want answers on R31-million Ingonyama Trust Board ‘loans’
The trust’s officials couldn’t say how the money was invested because the information was not forthcoming from the ITB’s investment wing
Failing State: Only 16% of SA’s municipalities get clean audit
Less than one in five municipalities received a clean audit for 2020-21