Auditor-general Tsakani Maluleke has reported a significant improvement for national and provincial governments' audit outcomes for the 2022/2023 financial year that ended in March.
The importance of credible financial statements, transparency, and accountability in local government cannot be overstated. Municipalities must heed the calls and prioritise turning around their financial management and governance.
She blamed the local government for their poor decision-making, neglect and inefficiencies for fruitless and wasteful expenditure which amounted to R5.9bn, showing a year-on-year increase since 2019.