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Financial cluster parliamentary committee warns SA is in a poor state

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By Simon Nare

The parliamentary committee from the financial cluster has painted a gloomy picture of the country’s fiscus, saying it is in a poor state following years of acquiring loans and money being wasted or stolen.

The committee, comprising four chairpersons from the cluster, warned that tough decisions would have to be made if the country was going to turn the tide.

Many institutions were either broken or dysfunctional, while others were unable to do their work efficiently due to a lack of resources.

The chairpersons from different political parties in the Government of National Unity were briefing the media on Monday in their first meeting. Parliament has launched a cluster programme, which involves a set of committees briefing the media every week to improve transparency and engage reporters on their parliamentary work.

The chairpersons were the Standing Committee on Public Accounts’ Songezo Zibi, the Standing Committee on Appropriations’

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