mylesillidge
Journalist
- Joined
- Jul 29, 2021
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South Africa wastes R822,000 per day — much on travel cancellation costs
The Auditor-General of South Africa recently released a report naming and shaming government departments who consistently incur fruitless and wasteful expenditure (FWE). That’s accounting talk for money being wasted.
In a briefing to Parliament’s Standing Committee on Appropriations, the AG’s CFO Bongi Ngoma told committee members that over the past five years, FWE to the value of R1.5bn had been incurred by the 41 national departments.
The Auditor-General of South Africa recently released a report naming and shaming government departments who consistently incur fruitless and wasteful expenditure (FWE). That’s accounting talk for money being wasted.
In a briefing to Parliament’s Standing Committee on Appropriations, the AG’s CFO Bongi Ngoma told committee members that over the past five years, FWE to the value of R1.5bn had been incurred by the 41 national departments.