Business News

Auditor General presents startling report on SOEs

South African AirwaysSAA website 1 - Auditor General presents startling report on SOEs

Four of the seven State-Owned Enterprises (SOE’s) that report to the Department of Public Enterprises have been receiving either qualified or disclaimed audit reports for the past five years.

Three of them – South African Express, South African Airways (SAA) and Alexkor – have been unable to present their audit reports due to liquidity challenges.

This startling report was presented by the office of the Auditor General in parliament on Tuesday.

For more watch video below:

The post Auditor General presents startling report on SOEs appeared first on SABC News – Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader..

Leave a Reply

Your email address will not be published. Required fields are marked *