Gauteng reduces fruitless and wasteful expenditure
Updated | By Slindelo Masikane
The Gauteng provincial government believes it is winning the war on waste.
Delivering her mid-term budget speech in the legislature, Finance MEC Barbara Creecy reported a drastic reduction in fruitless and wasteful expenditure.
Creecy says 60 percent of Gauteng departments and agencies obtained clean audits.
"Last year the Gauteng provincial government dramatically reduced fruitless and wasteful expenditure, including interest paid on overdue accounts and litigation settlements by 93 percent from R415 million the previous year to R29 million in the 2015/2016 financial year," says Creecy.
ALDO READ: Gauteng economy grows by 2.9%
Creecy made it clear that there is no tolerance for flouting supply chain management rules, adding that she's very pleased with the manner in which MEC's have managed to save and spend money wisely.
"You don't save almost R1 billion if you have some that are not pulling their weight. I think Team Gauteng is doing a good job," says Creecy.
Show's Stories
-
Man reminds us not to mess with squid ink
It's no squid game messing around with squid ink...
The Workzone with Alex Jay 5 hours ago -
Parents watch their child's first steps
The most precious moments in life are rarely recorded, so this family is...
The Workzone with Elana Afrika-Bredenkamp 5 hours ago