DA-led councils' financial management puts ANC to shame
Audits of 263 municipalities reveal Cape Town is the only metro to receive a clean bill of health
As the DA’s hold on local government power grows, so has its record of clean government strengthened, with DA-led councils far outperforming those led by the ANC in financial management. This picture emerged on Wednesday, when auditor-general Kimi Makwetu released the report on the audits of SA’s 263 municipalities for 2015-16. The findings are significant as the DA tries to position itself as an alternative government. Makwetu reported a “marginal improvement” in a dire picture of mismanagement. Fruitless and wasteful expenditure, the most offensive category of mismanagement, declined 21%. However, irregular expenditure, in which procedures were not followed, went up 50%, a reflection of weak financial controls. If you are already a subscriber, please click on the following link below to go to the full article: DA’s Western Cape councils ‘better run’ If you would like to subscribe to BusinessLIVE Premium to read the full story, please click here: Subscribe * Premium content is n...
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