Auditor General names SA government’s ‘consistent delinquents’

Loading player...
The Auditor General of South Africa has released a report naming and shaming 15 government departments who consistently incurred fruitless and wasteful expenditure over five years amounting to R1.5bn. AG CFO Bongi Ngoma also briefed Parliament's Standing Committee on Appropriations about the financial health of government departments, agencies, and state-owned entities. It's a shocking state of affairs. BizNews correspondent Michael Appel takes a look. Learn more about your ad choices. Visit megaphone.fm/adchoices
9 Sep 2022 8AM English South Africa Investing · Business News

Other recent episodes

BN Briefing: US Ambassador Bozell's BNC#8 warning; Yardeni's $6,000 Gold call; Sean Peche's wealth-building wisdom

Tonight’s BizNews Briefing opens with new US Ambassador Brent Bozell’s candid message from BNC#8, urging reciprocity and warning that policy uncertainty and geopolitical alignment choices shape investor confidence. We then run through a results-heavy market update led by Harmony, Rainbow Chicken and OUTsurance. Bloomberg follows with Ed Yardeni’s bullish gold…
11 Mar 7AM 10 min