Government wastes R31 billion

wastingGovernment departments and other public entities wasted almost R31-billion in unauthorised, irregular and fruitless spending during the financial year to the end of March.

This is according to a consolidated general audit report for the 2012-2013 financial year released in … Read the rest

SA’s terrible municipal audits

musterbstIt was announced on Tuesday that only seventeen of South Africa’s 278 municipalities have received clean audits for the financial year 2011-2012.

The Auditor-General (AG) Terence Nombembe released the latest report in Pretoria.

It showed that while a handful of … Read the rest

Govt. gives Terence Nombembe a R6 million back-dated pay rise!

Auditor General Terence Nombembe has received a salary increase of close to a million rand a year, backdated for more than six years.

Details of the increase are contained in a letter, dated May 23 this year, sent by President … 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