Auditor-general calls Joburg’s bluff

The auditor-general’s office has called Johannesburg’s bluff. The City of Johannesburg gave a glowing account of the metro’s financial health, claiming increased capital expenditure and improved revenue, but it was a lie.

The office uncovered huge revenue losses, corruption, flawed … Read the rest

Task team to deal with SABC’s financial mess

SABC465_3dA task team has been established to sort out the financial problems at the SABC, Communications Minister Yunus Carrim said on Tuesday.

“We have decided to set up a high-level team made up of the SABC, the department of communications, … Read the rest

Public works department in financial disarray

Financial chaos continues to dog the public works department, according to the Auditor General (AG).

This resulted in AG Terence Nombembe giving the department another disclaimer for the 2011/12 financial year — one of the worst audit opinions possible.

Nombembe … Read the rest