The City of Cape Town has regressed from its previous clean audit status due to supply chain management and procurement-related non-compliance, resulting in an unqualified audit opinion with findings.
The Auditor General's (AG) latest report concerning Cape Town's finances has ignited debate over governance, while the municipality defends its record, and opposition parties and civic activists argue that the findings warrant closer scrutiny.
Auditor-General Tsakani Maluleke on Wednesday painted a bleak picture of the financial health of the eight metropolitan municipalities before the National Assembly’s Portfolio on Cooperative Governance and Traditional Affairs.
The City of Cape Town, Maluleke said, regressed on supply chain management or procurement issues that led to non-compliance, which landed the municipality in the unqualified audit space with findings.
She said the municipality submitted quality financial statements and a quality performance report, but it needed to sort out procurement processes.
