Report calls for forensic audit of Ingonyama Trust
The trust, which controls land worth R29bn, is not sufficiently transparent, research centre says
11 April 2024 - 11:45
UPDATED 11 April 2024 - 18:29
A report from the University of Cape Town (UCT) has raised concerns about the Ingonyama Trust’s financial management, saying the trust has been “vague” in its reporting and is not subject to “meaningful” public finance oversight.
The trust, led by the reigning monarch on behalf of the Zulu nation, controls 2.8-million hectares of land worth about R29bn. ..
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.