Bernadette Wicks
Senior court reporter
2 minute read
2 Jul 2020
5:10 am

Problematic audits undermine Ramaphosa govt – economist

Bernadette Wicks

'The man on the street becomes very reticent to oblige in paying rates and taxes and in many ways that is part of the problem,' an economist said.

Rubbish has piled up next to Khwezi Lomso High School in Zwide, Port Elizabeth. Picture: Mkhuseli Sizani

Wednesday's report by Auditor-General Kimi Makwetu was the first of its kind since the Public Audit Amendment Act came into effect on 1 April last year, giving the auditor-general extended powers to act on corruption and the abuse of public funds. Makwetu said on Wednesday only nine selected municipalities had been audited in terms of the amended Act this year, though. He said that regardless, a total of six material irregularities – which had resulted in financial losses of almost R24.5 million – had been identified. “The material irregularities we identified and reported are not complex accounting or procurement issues...