SA Post Office commercially insolvent

Auditor-General Tsakani Maluleke has found that the South African Post Office is commercially insolvent. According to the report, Maluleke’s audit review of the Post Office Group’s annual results noted it had incurred losses of over R1.7 billion in the...

Concerns over financial health of departments

Auditor General (AG) of South Africa, Tsakani Maluleke, has expressed concern over the financial health of departments as unauthorised expenditure increased in the 2019-2020 financial year. “The financial health of departments continued to be alarming....

Irregular expenditure decreases

Irregular expenditure reported in the 2019-2020 financial year in government has decreased to R54.34 billion from the R66.90 billion in the previous year. Addressing a media briefing on Wednesday on the audit outcomes for national and provincial government, Auditor...

Slight improvement in audit outcomes

The overall audit outcomes for government departments for the 2019-20 financial year show that 66 auditees improved their outcomes, while 35 regressed. “In this year, we have seen 66 auditees improve their audit outcome category, either they moved from...
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