Article: R8.7 billion wasted by South African Government

jes

jes

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jes said:
It's disturbing to page through the Auditor General's consolidated general report and pick out the irregularities - and even more disturbing to realise that so many officials are still getting away with it.

All in all, R8.7bn of wasted expenditure was tallied up in the 2009/10 audit.

Source: MoneyWeb - R8.7bn of wasted expenditure tallied up by Govt

You can view the page at http://mybroadband.co.za/vb/content.php/1961-R8.7-billion-wasted-by-South-African-Government
Click to expand...

When are the unions going to mobilize its members or even civil society groups going to rally up against this type of mismanagement?
Another company Bonitas is reported to be looted as well.
Complacent acceptance in South African society is killing us slowly.:sick:
 
Hang on:
R 8700 (in millions wasted) divided by 45 (in millions - people in SA) = R193mil per person...
Hmmm makes you feel good doesn't it - and its almost again time to submit tax returns... Mine will look different this year
 
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TKD01 said:
Hang on:
R 8700 (in millions wasted) divided by 45 (in millions - people in SA) = R193mil per person...
Hmmm makes you feel good doesn't it - and its almost again time to submit tax returns... Mine will look different this year
Click to expand...

You fail at maths. To save you the trouble, it works out @ R222 per person.
 
TKD01 said:
Hang on:
R 8700 (in millions wasted) divided by 45 (in millions - people in SA) = R193mil per person...
Hmmm makes you feel good doesn't it - and its almost again time to submit tax returns... Mine will look different this year
Click to expand...

in order to have wasted 193mil per person they would of had to waste 868,5 trillion
 
Voicy said:
Fixed :)

R8,700,000,000.00 / 45,000,000.00 = R 193.33
Click to expand...

A better calculation would be of how many Taxpayers there are.... 5 Mil?
+- R1740 per tax payer?!? Jeeeeebus

*Choo* *Choo* Says the gravy train.
 
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Sounds about right for the ANC. They would waste ten toilet rolls just taking a whizz.
 
TKD01 said:
Hang on:
R 8700 (in millions wasted) divided by 45 (in millions - people in SA) = R193mil per person...
Hmmm makes you feel good doesn't it - and its almost again time to submit tax returns... Mine will look different this year
Click to expand...

HideInLight said:
You fail at maths. To save you the trouble, it works out @ R222 per person.
Click to expand...

Voicy said:
Fixed :)

R8,700,000,000.00 / 45,000,000.00 = R 193.33
Click to expand...

lmao :D

Voicy said:
Said the pot, to the kettle. :p
Click to expand...

Was just thinking that ... another pot and kettle story :D :p
 
TKD01 said:
Hang on:
R 8700 (in millions wasted) divided by 45 (in millions - people in SA) = R193mil per person...
Hmmm makes you feel good doesn't it - and its almost again time to submit tax returns... Mine will look different this year
Click to expand...

HideInLight said:
You fail at maths. To save you the trouble, it works out @ R222 per person.
Click to expand...

Voicy said:
Fixed :)

R8,700,000,000.00 / 45,000,000.00 = R 193.33
Click to expand...

Grim147 said:
in order to have wasted 193mil per person they would of had to waste 868,5 trillion
Click to expand...

RaptorSA said:
A better calculation would be of how many Taxpayers there are.... 5 Mil?
+- R1740 per tax payer?!? Jeeeeebus

*Choo* *Choo* Says the gravy train.
Click to expand...

Sheesh... if you guys can't get it right, how do you expect the Civil Servants to get it right? :D
 
TKD01 said:
Hang on:
R 8700 (in millions wasted) divided by 45 (in millions - people in SA) = R193mil per person...
Hmmm makes you feel good doesn't it - and its almost again time to submit tax returns... Mine will look different this year
Click to expand...

you forgot those little zeros behind the numbers (the millions) cancel out...

Anyway, assuming a RDP house costs about R70 000, the government could either build about 125 thousand homes... Holy crap that would be a lot of happy people.
 
scotty777 said:
you forgot those little zeros behind the numbers (the millions) cancel out...

Anyway, assuming a RDP house costs about R70 000, the government could either build about 125 thousand homes... Holy crap that would be a lot of happy people.
Click to expand...

With an average of 8 people per family (:p) it could shelter 1 million people.
 
This is only the 8.7 million that they found out about.
 
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