Pic; MEC Majuba(right) receiving a report from AGSA Business Unit leader, Bomkazi Bhobho
By Lwazi Raul-Shongwe and Kopano Dibakwane
Mpumalanga Provincial Treasury is one of the five provincial institutions that have maintained unqualified audits without matters of emphasis for the 2023/2024 financial year.
This was revealed by a report received by Mpumalanga MEC for Treasury, Bonakele Majuba, which was presented by the Business leader in the Provincial Office of the Auditor General of South Africa(AGSA), Bomkazi Bhobho, on Thursday 5 September.
The AGSA report revealed the audit outcomes of the Mpumalanga Provincial Treasury for the financial year which ended on 31 March 2024.
In a statement issued by the Provincial Treasury, the AGSA report highlights the institution’s continuous improvement, through the submission of credible annual financial statements and evidence-based performance reporting for the year under review.
The department also stated that MEC Majuba notes the audit outcome as a reflection of a commitment by the Provincial Treasury towards responsible financial management and governance in a developmental state and it should instill confidence in its ability to provide qualitative support to other institutions.
“ MEC Majuba has attributed this outcome to strong governance and oversight and institutionalised internal controls that provided confidence in the institutions’ operations and processes during the year under review.
“ The Provincial Treasury will continue to support departments, entities, and municipalities in reviewing financial statements and providing general policy advice in areas such as assets and supply chain management to drive the campaign for clean administration in the province,” said the Provincial Treasury.
The AGSA briefing reportedly touched on key issues in the audit of all provincial departments and public entities for the same reporting period, focusing on areas that require the attention of MEC Majuba and the department, as coordinating institution in the accountability ecosystem.
“ MEC Majuba welcomed and accepted recommendations of the Audit General to promote the institutionalisation of preventative controls and enhanced accountability mechanisms in all public sector institutions,” said the Provincial Treasury.
