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
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The director of operations at Sun City, Geoff Mabote, has resigned amid an investigation by the North West Gambling Board into questions of his suitability to hold a licence in the gambling sector. 
Export revenues of nearly R3bn and as many as 9,000 jobs could be lost if the Department of Agriculture, Forestry and Fisheries fails to complete a critical survey of fish stocks in South African waters. 
Drugs worth a street value of R280,000 and over R200,000 in cash were seized following a raid of a Shallcross house in KwaZulu-Natal, said Police. 
WASHINGTON, USA: President Barack Obama's executive aimed at increasing protection of critical infrastructure in the US from cyber-attacks addresses only a small portion of threats faced by companies and sets up a fresh battle in Congress over the legislation. 
MUMBAI, INDIA: Finnish phone giant Nokia said on Tuesday (12 February) it had protested to the Indian government over a tax raid at one of its factories in South India, slamming the action as "excessive and unacceptable". 
Not one Eastern Cape municipality has obtained a clean audit, according to a report on Monday (18 February). 
A 45-year-old man has appeared in the Thohoyandou Magistrate's Court for being in possession of two elephant tusks, said Limpopo police yesterday. 
The Congress of SA Trade Unions (Cosatu) expects job creation to be one of the top priorities addressed in President Jacob Zuma's state-of-the-nation address. 
