Auditor-General exposes Tshwane's R1.9-billion spending spree on eve of election
According to the A-G's report‚ the expenditure in Tshwane could mainly be attributed to employee-related cost‚ debt impairment‚ depreciation‚ finance charges‚ bulk purchases‚ contracted services‚ transfers and grants‚ losses on the disposal of property and plant equipment
21 June 2017 - 16:40
The Auditor-General has laid bare the financial performance of municipalities for the financial year 2015/16‚ naming and shaming the good‚ the bad and the ugly. City of Tshwane metro‚ in Gauteng‚ tops the list of the highest contributors to unauthorised expenditure‚ blowing R1.914-billion‚ from R786-million in 2014/15. The Auditor-General's report on local government audit outcomes released in Pretoria on Monday revealed that overspending‚ 43% of which was related to non-cash items‚ was the main source of the expenditure.
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