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Sifiso Skenjana | Build core financial management capacity at state organs


Sifiso Skenjana (supplied)
Poor financial management in state organs not only cannibalises service delivery but also puts pressure on the country s fiscus and its investment profile, writes
Sifiso Skenjana.
The financial management capacity of the country s state organs continues to be a pain point, following the latest report from the Auditor-General (AG) which cites financial mismanagement, poor budget appropriation and limited internal skills capacity.
Auditor-General Tsakani Maluleke recently tabled the audit outcomes of provincial departments and reported that unauthorised expenditure had increased from R1.8 billion in the previous year to R18 billion in 2020.
The report also detailed that as much as 31% of those audited failed to disclose irregular expenditure, while R2 billion of contracts could not be audited due to missing and incomplete information. ....

Tsakani Maluleke , Sifiso Skenjana , National Capacity Building Framework , General Tsakani Maluleke , தேசிய திறன் கட்டிடம் கட்டமைப்பு ,