Sanral’s irregular spending skyrockets; Eskom lost more money under André de Ruyter than any other CEO; organised crime has exploded over the last decade; and a new study warns of Asthma pumps.
The SA National Roads Agency has told its debt investors that its irregular expenditure ballooned 1,741% during the year ending March. The agency said that despite a 2020 board resolution to curb expenses, coupled with previous auditor-general recommendations and ministerial targets to reduce irregular spending by 75%, no reductions were recorded in the year, and it incurred irregular expenditure of R6.7 billion. [Eskom lost more money under André de Ruyter than any other CEO.
[ South Africa has seen an increase and expansion of organised crime in the past decade as more sectors of the economy have become targets.
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