Open letter to South Africa’s students‚ universities and government‚ represented by Minister in the .
GOVERNMENT departments and other public entities have barely improved their financial management in the past five years, with only seven out of 505 getting clean audits this year.
This is a slight improvement from the four departments that got clean audits in 2004.
Auditor-general Terence Nombembe yesterday told Parliament that "the momentum is far too slow and an injection of serious efforts is required".
When the auditor-general's office began comparing the past five years' audit results, they thought the 2004-2005 results would be worse than the latest results.
"But we were surprised to find they were not much different" said Nombembe.