financial oversight

3 Results / Page 1 of 1

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.

today6 March, 2025

South Africa

Cosatu Applauds SA’s Progress on FATF Grey List Removal

In South Africa, Cosatu has commended the government’s progress towards removing the country from the Financial Action Task Force grey list. South Africa was grey listed in February 2023, for not complying with international standards that relate to money laundering and addressing illicit financial flows. National Treasury has addressed 20 out of the 22 action items outlined in its action plan. Cosatu’s spokesperson, Matthew Parks, says the government must ensure […]

today26 February, 2025

South Africa

S.A’s Auditor-General Reports Over R3.48 Billion in Wasteful Expenditure by Government Departments

  The South African Office of the Auditor-General says over the last five years, 36 government departments incurred irregular and wasteful expenditures of 1.48-billion-rand. State-owned entities incurred more than two-billion-rand. The departments of Forestry, Fisheries and the Environment, Basic Education, Police, Tourism, and Treasury were some of the big contributors to wasteful and irregular expenditure. AG's head of audit, Bongi Ngoma, told Parliament’s standing committee on Appropriations, that some of […]

today23 October, 2024