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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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. 
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. 
Based on the latest Manufacturing Circle Survey‚ conditions within the manufacturing sector in the fourth quarter of 2012 were uninspiring and characterised by low export levels‚ high input costs‚ squeezed margins‚ poor labour market outcomes and a lack of adequate skills. 
SEOUL, SOUTH KOREA: LG Electronics on Monday (18 February) unveiled the latest version of its flagship smartphone, boasting a higher resolution screen aimed at gaining a technical edge over bigger rivals like Samsung. 
VEVEY, SWITZERLAND: Swiss-based food giant Nestle warned on Thursday (14 February) that business was likely to be tough this year, after its 2012 results showed a slowdown in growth in emerging markets. 
WASHINGTON, USA: Warren Buffett's investment powerhouse Berkshire Hathaway and 3G Capital announced Thursday (14 February) that they would take over US ketchup-maker Heinz in a deal valuing the company at US$28bn. 
WASHINGTON - General Motors' fourth quarter earnings jumped 89% but were held back by US$700m in losses on its European operations, the company said on Thursday (14 February). 
WASHINGTON, USA: Android-powered smartphones and Apple's rival iPhone have extended their near duopoly to a whopping 91% of the global market according to the results of a survey released on Thursday (14 February). 
For South Africans the chances of horse meat being disguised as beef and slipping through South Africa's import controls are extremely slim claims the agriculture department. 
The Department of Trade and Industry will lead a 14-member business delegation on an Outward Selling Mission to Riyadh, Saudi Arabia, from today to Thursday, 14 February. 
