Minister Zwane welcomes clean audit opinion from Auditor-General
Mineral Resources Minister Mosebenzi Zwane has welcomed the Auditor-General's clean audit opinion for the Department and three of its entities for the 2016/17 financial year.
This follows today's meeting with the office of the Auditor-General on the department's performance in the previous financial year.
"The outcome of this report is a reflection of the hard work and concerted efforts by the DMR’s officials and those in its entities," Minister Zwane. "We will continue to do the necessary work, in line with the Public Finance Management Act, to ensure that the department and entities in its portfolio use our limited budget allocation efficiently and effectively, to deliver on our mandate to the people of South Africa.
The office of the AG acknowledged the Department’s improvement from a qualified audit opinion in 2012/13 to a clean audit in 2016/17 – with no incidents of unauthorized, irregular, fruitless and wasteful expenditure. The Department spent 99.5% of the budget allocated for the 2016/17 financial year.
The Department further paid its suppliers within 12 days on average.
