SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.

  • 📰 SABC News Online
  • ⏱ Reading Time:
  • 42 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 20%
  • Publisher: 51%

PRASA News

United States United States Latest News,United States United States Headlines

PRASA has been lauded for improving its financial statement from a disclaimer to a qualified audit.

The Passenger Rail Agency of South Africa has been lauded by Parliament’s Portfolio Committee on Transport, for improving its financial statement from a disclaimer to a qualified audit in the 2023/24/ financial year.

“I know there is a settlement out of court with the previous GCEO but we have lost a bit of money there from the fiscus, from the taxpayer. And I hear that they have averted some sort of a crisis because if they have not done that, we could have had two people sitting here but we have to hold the board accountable to say what let us to be where we are and why did we lose so much money because if the board holds the management accountable.

The PRASA Board Chairperson told MPs that it was not an easy task, and they had to seek legal advice. “When I look at the presentation, I see that only metros are being mentioned. What are we doing about the other provinces. Are there any plans to revive the state of the railway in other provinces, because nothing is mentioned of that sort,” says EFF’s Nontando Nolutshungu.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 32. in US
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

United States United States Latest News, United States United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Proteas women announce T20 World Cup squad - SABC News - Breaking news, special reports, world, business,Du Preez says the team's tour to Pakistan will be crucial to get their winning momentum back.
Source: SABCNews - 🏆 37. / 51 Read more »

Proteas women gearing up for T20 World Cup - SABC News - Breaking news, special reports, world, business,The South African women's cricket team will be looking to gather momentum for the ICC T20 World Cup.
Source: SABC News Online - 🏆 32. / 51 Read more »