South Africa: SOE Irregular Spend - Here Are the Three Worst Offenders

Auditor-general Kimi Makwetu says Airports Company South Africa (ACSA), the South African Post Office (SAPO) and the SABC were the top contributors to irregular expenditure by state-owned enterprises (SOEs).

Makwetu reported before the Standing Committee on Public Accounts (Scopa), the Standing Committee on Appropriations and the Standing Committee on the Auditor-General on Tuesday on the 2016/17 audit outcomes.

...

AllAfrica publishes around 400 reports a day from more than 100 news organizations and over 500 other institutions and individuals, representing a diversity of positions on every topic. We publish news and views ranging from vigorous opponents of governments to government publications and spokespersons. Publishers named above each report are responsible for their own content, which AllAfrica does not have the legal right to edit or correct.

Articles and commentaries that identify allAfrica.com as the publisher are produced or commissioned by AllAfrica. To address comments or complaints, please Contact us.