President Cyril Ramaphosa told the Zondo Commission that 'massive system failure' allowed State Capture corruption to flourish in South Africa's state-owned enterprises and that the 'ANC is accused number one when it comes to corruption'. This is a sad indictment on a government that was chosen by the people for the people, and it does not bode well for the constructive rebuilding of our fragile economy and for closing the huge inequality gap.
In October 2019, President Cyril Ramaphosa said that "corruption has cost South Africa as much as R1-trillion". This is a staggering amount of taxpayers' money wasted, at a time when it was most needed.
According to the South African Revenue Service, of the R1.25-trillion it collected in the past tax year, the main source of revenue was personal income tax. Considering that 22 million South Africans collectively gave R528-billion of their hard-earned money to this proverbial pot, we must demand better outcomes or returns on our investment.
The new Auditor-General, Tsakani Maluleke, released a press statement on 31 March 2021, calling on our government to "ensure sustainable audit outcomes". In the 2019/2020 general report on national and provincial government spending, Maluleke emphasised that accountability failures must be...