According to an article by Amanda Visser, fewer than half of government departments are able to provide "credible and quality information" in their financial reports. Quoting auditor-general Terence Nombembe, it seems
state finances are regressing.
It's bad enough when we hear of our tax monies being wasted through the need (call that greed) of individuals within government deciding to spend millions on parties, luxury cars, first-class travel and so on, but it's almost worse when even the auditor-general has an issue with the departments and municipalities' accounting standards, and we then don't know where money is going or how it is being spent or wasted.
Do you want to know what the
best programs to protect passwords are? Subhash Chandra has some suggestions for you.
On the aquaculture front, the
environmental impact guideline for aquaculture has been published for public comment. You can download the entire document from the article on Bizcommunity.com.
As if being taxed to poverty weren't enough, and then discovering that the average government department and vast majority of municipalities have a less than stellar record when it comes to accounting practice, it seems like the
petrol price may go up 87c a litre.
And to think that one day
these will be the bad old days...
Rod Baker: Content Director
Submit your company news to
buildingconstructionnews@bizcommunity.com. Exclusive contributions may be sent to
contributors-buildingconstruction@bizcommunity.com.
Durban-based Shree Property Holdings, a leading SA property development and logistics business, has bought 22 sites - totalling 125,000m² - in phase one at Dube TradePort for R350m. It has also staked a claim to 250,000m² in phase two, which is launching in 2014. 
AfriMold, the 4th annual manufacturing trade fair and conference for the design, precision engineering and machining, tooling, tool making, production and application development sectors will take place from 4 to 6 June 2013, at the NASREC Exhibition Centre, Joburg. 
Young people working from advanced technology environments have the potential to create from 10 to 1000 jobs wherever they go in their productive lives. It is, therefore, essential to develop these skills to build a knowledge economy, said Jan Wessels, CEO of Denel Dynamics, the Missile and UAVS (Unmanned Aerial Vehicle Systems) and Integrated Air Defence Solutions company. 
Investment in the renewable energy sector will contribute to South Africa's economic development and growth, Energy Minister Dipuo Peters said on Tuesday. 
