State water company delays financial statements again
The Trans Caledon Tunnel Authority will now only table its statements in parliament in February
31 December 2019 - 13:34
The Trans Caledon Tunnel Authority (TCTA), which borrows in the bond market to finance SA’s water infrastructure, has again delayed the finalisation of its annual financial statements for the year ended March 2019.
This is the third delay in tabling its accounts, which, under the Public Finance Management Act and JSE requirements, should be finalised by the end of September...
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.