Makwetu has described as disappointing the audit outcomes of about 432 national and provincial government departments as well as state-owned enterprisessays irregular expenditure in government departments and state-owned enterprises has increased from R51-billion last year to R62,60 billion this year.
He was briefing the media in Parliament after releasing audit outcomes for government departments and state-owned enterprises for 2018/2019. Makwetu has described as disappointing the audit outcomes of about 432 national and provincial government departments as well as state-owned enterprises. He says this figure might be higher as they could not audit contracts worth R2.3 billion due to missing or incomplete information.
“These are disappointing audit results for 2018/19 as they show slow progress over the past five financial years meaning that the improvements that were promised and committed over a number of years have not come forth. Part of the reason for this slow progress is largely to do with the fact that those that are charged with governance were very slow in implementing the commitment made in previous years, in some instances they totally disregarded it.
Business Business Latest News, Business Business Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: SABC News Online - 🏆 32. / 51 Read more »
Source: SABC News Online - 🏆 32. / 51 Read more »
Chapter 9 Institutions under scrutiny - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.Democratic SA established Chapter 9 Institutions to protect the rights of ordinary citizens enshrined in the Constitution. Duplication of functions and access to ordinary citizens - are some of the challenges that have bedeviled these institutions. Despite this, however, have they been fulfilling their role?
Source: SABC News Online - 🏆 32. / 51 Read more »
Source: SABC News Online - 🏆 32. / 51 Read more »
Source: SABC News Online - 🏆 32. / 51 Read more »