The MEC for Economic Development in Gauteng, Firoz Cachalia, will on Tuesday, 22 September 2009, hold a media briefing to address issues raised by the Auditor General in the annual reports of the department and those of its sister agencies.
The department and four of its entities (Blue IQ, Gauteng Enterprise Propeller (GEP), Gauteng Tourism Authority (GTA), and Dinokeng and Cradle of Humankind) received 11 disclaimers, 10 qualifications, 26 emphasis of matter, and 52 other matters.
Some of the key issues raised in the audit report include issues relating to the Gauteng motor sport contracts and other contracts in general. Unauthorised, irregular, fruitless and wasteful expenditure arising from the acquisition of cumulative preferential shares in a privately owned company, internal control deficiencies, and instances of non compliance with applicable legislation are some of the issues that MEC and the chief executive officers of the agencies will address during the briefing.
The Details of the briefing are as follows:
Date: 22 September 2009
Time: 10h00
Venue: Gauteng Department of Economic Development, seventh Floor, Matlotlo House, 94 Main Street (Corner Harrison Street), Marshalltown, Johannesburg
For more information contact:
Mandla Radebe
Tel: 011 355 8703/8716
Cell: 083 288 8915
E-mail: mandla.radebe@gauteng.gov.za
Issued by: Department of Economic Development, Gauteng Provincial Government
21 September 2009
