We are encouraged by this progress and will continue to strengthen financial controls, ensuring public funds benefit our communities
By Gauteng Development Communicator
06 October 2024, The Capital, Sandton. GDED Group agencies including the Gauteng Growth and Development Agency, the Automotive Supplier Park, the Innovation Hub, the Constitution Hill Precinct, the Gauteng IDZ, the Gauteng Tourism Authority, the Gauteng Liquor Board, Dinokeng, and the Cradle of Humankind achieved clean audit opinions for 2023/24.
The Gauteng Enterprise Propeller was one of eleven (11) departments and entities that received unqualified audit opinions in the 2023/24 financial year, which means while their financial statements were fairly presented, they are some compliance or performance issues that need to be addressed.
Premier Panyaza Lesufi said of the awards, “We are encouraged by this progress and will continue to strengthen financial controls, ensuring public funds benefit our communities.”
The improved audit results are an indicator that the strategic interventions such as internal audits are yielding positive results which will reduce fruitless expenditure by the department and its agencies and put improve economic development in the province.