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    Omanyano ovanhu koikundaneki yomalungula kashili paveta, Commisiner Sakaria takunghilile Veronika Haulenga

financial mismanagement

8 Results / Page 1 of 1

Background

South Africa

ActionSA Demands Transparency on Ithala Bank Loans

ActionSA is demanding transparency from KwaZulu-Natal's Ithala bank over outstanding loans granted to politically exposed individuals. The party is concerned that taxpayer funds may have been misused to benefit politicians and their associates, including the chairperson of Parliament’s portfolio committee on Cooperative Governance and Traditional Affairs, Zweli Mkhize, and his family. ActionSA’s Alan Beesley says reports indicate that Ithala is commercially and technically insolvent, with 2.2-billion-rand in loans, but only […]

todayMarch 7, 2025 27

Namibia

Parliament Debates NBC Financials and Workers’ Strike Amid Accountability Calls

The Namibia Broadcasting Corporation’s 2017/2018 financial reports are under scrutiny in Parliament. Lawmakers have expressed concerns about financial mismanagement and inefficiencies at the state broadcaster. The recent strike by NBC workers, centered on fair wages and operational disruptions, remains a key topic. Some MPs are pushing for enhanced financial oversight to avert future issues. The ongoing debate sees government officials offering additional clarifications.

todayMarch 6, 2025 26

South Africa

OUTA Urges SA Finance Minister to Tackle Corruption in Budget Speech

In S.A, the Organisation Undoing Tax Abuse urges Finance minister Enoch Godongwana to prioritise the fight against corruption and financial mismanagement in next week’s revised budget speech. The organisation criticised the government for failing to tackle wasteful spending and poor financial management, which could improve the national budget by 500-billion-rand annually. OUTA CEO Wayne Duvenage expects meaningful changes in the upcoming budget:  

todayMarch 6, 2025 27

Namibia

Govt Mulls Probe Into NBC’s Executive Bonuses and Spending

The Ministry of Information and Communication Technology is considering launching an investigation into the Namibian Broadcasting Corporation following concerns over N$5.4 million in executive bonuses and a N$1.9-million vehicle for its director general, Stanley Similo. A parliamentary report, tabled on 15 February, highlights excessive spending and calls for a forensic audit into NBC’s financial affairs.

todayMarch 4, 2025 26

South Africa

In S.A, Tshwane DA Blames ANC for R300m Power Loss

In S.A, the DA in Tshwane says the ANC government in the metro has allowed electricity losses to increase by 300-million-rand in just three months. The party’s, Jacqui Uys, says this is in stark contrast with what the government inherited from the DA, where electricity losses were reduced by 162-million-rand between July and September. She says not only is the metro not billing residents for electricity used, but the ANC […]

todayFebruary 11, 2025 42

South Africa

In South Africa, DA Criticizes Gauteng Roads Department Over Mismanaged Bus Subsidy System

In S.A, the DA in Gauteng says the provincial Department of Roads and Logistics has not been implementing the bus subsidy system correctly for 2016/2017 and 2017/2018. The party’s, Evert Du Plessis, says the subsidies were not properly processed, and the companies contracted to the department to provide transport for residents were paid every month without due process being followed. He says the result of not following the prescribed formula […]

todayDecember 12, 2024 35

Interview Transcripts

INTERVIEW: Business and Economics Researcher Josef Sheehama on Local Authorities and Audits

  Business and economics researcher Josef Sheehama recently shared his insights on the ongoing challenges faced by local authorities in Namibia, particularly regarding audits, financial mismanagement, and poor service delivery. Speaking in a recent interview, Sheehama emphasized the long-standing issues that have plagued local authorities and the steps being taken to address them. Sheehama pointed out that the frustration surrounding local authorities isn't a recent development. "This has been an […]

todayNovember 11, 2024 21

South Africa

DA says it uncovered Eskom’s abandoned 840-million-rand Wilge residential project in Mpumalanga

DA says it uncovered Eskom's abandoned 840-million-rand Wilge residential project in Mpumalanga, revealing extensive waste of taxpayer money. DA spokesperson Kevin Mileham condemned Eskom for seeking a 40-percent tariff hike while neglecting this crumbling development. He says with additional losses totaling 24-billion-rand last year, the DA demands accountability and transparency from Eskom regarding its financial mismanagement and wasteful spending:  

todayNovember 5, 2024 37