Municipalities are still in financial disarray, according to audit

Screen Shot 2020-06-30 at 11.41.25 AM

Source: Agbiz e-newsletter, 26 June 2020, photo credit: infrastructurenews

Poor leadership and a lack of accountability are the culprits behind yet another year of dismal financial outcomes in local municipalities. The latest municipal audit results, presented to the National Council of Provinces (NCOP) on Wednesday 24 June, paint a grim picture of local government’s deteriorating financial management. 

“Our analysis of the 2019 audit outcomes highlights the detrimental impact of weak accountability, especially in an environment where resources are ever scarce.” This was deputy auditor-general Tsakani Maluleke’s lament as she briefed the NCOP on the Local Government Audit Outcomes for the 2018/19 financial year.
Read more

Share on facebook
Share on twitter
Share on linkedin