The Treasury’s bungled project to establish an integrated financial management system continues to sully its report card from the auditor-general and was responsible for R207m in irregular, fruitless and wasteful expenditure in the 2019/2020 financial year.

The mismanagement of the programme would cast a poor light on the Treasury, which is the guardian of the national purse and the watchdog over sound financial management and the prevention of waste by other government departments...

BL Premium

This article is reserved for our subscribers.

A subscription helps you enjoy the best of our business content every day along with benefits such as exclusive Financial Times articles, ProfileData financial data, and digital access to the Sunday Times and Sunday Times Daily.

Already subscribed? Simply sign in below.



Questions or problems? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now