MFMA Report | Failure of internal controls in some municipalities
リアクション
2026年05月17日
National Treasury's Municipal Financial Management Act Compliance Report, covering the financial year July 2024 through to June 2025, points to mixed performance results.
Key findings show that the system of delegation had only been signed by 127 municipalities out of 257.
Twenty-three percent of municipalities canvassed by National Treasury did not respond around whether their system of delegation was in place or not, suggesting low levels of accountability.
Another finding included that unauthorised, irregular, fruitless and wasteful expenditure had reached 268.1 billion rand in the period, showing a failure of internal controls.
Municipalities tend to write-off these losses rather than look to enforce accountability and, in turn, ensuring the money is recovered.
SABC News Business Reporter Nompu Siziba reports
For more news, visit sabcnews.com and #SABCNews on all Social Media platforms.
Key findings show that the system of delegation had only been signed by 127 municipalities out of 257.
Twenty-three percent of municipalities canvassed by National Treasury did not respond around whether their system of delegation was in place or not, suggesting low levels of accountability.
Another finding included that unauthorised, irregular, fruitless and wasteful expenditure had reached 268.1 billion rand in the period, showing a failure of internal controls.
Municipalities tend to write-off these losses rather than look to enforce accountability and, in turn, ensuring the money is recovered.
SABC News Business Reporter Nompu Siziba reports
For more news, visit sabcnews.com and #SABCNews on all Social Media platforms.
