By Simon Nare
The tourism portfolio committee has instructed South African Tourism to get its house in order following it getting a qualified audit report for the 2023/24 financial year.
Its record keeping and reconciliation control accounts have also been flagged.
After its presentation before the committee in Parliament on Tuesday, MPs raised concerns about the entity’s regression on its financial controls from the previous year.
It was also concerned about SAT’s surplus of R229 million for the financial year.
The committee said in a statement that SAT had since submitted a request to the National Treasury to retain R194 million of the surplus, saying it did not budget for a surplus or a deficit.
It has undertaken to manage its budget better.
“The entity also recorded irregular expenditure amounting to R24.2 million, resulting from failure to follow procurement processes such as inviting competitive bids. The AG (Auditor-General) also identified
You’ve reached your free article limit
Subscribe to enjoy unlimited access to trusted journalism. Cancel anytime.
Subscribe nowNeed help? molokom@insidepolitic.co.za
