Pretoria - The State Owned Entities Communicators Association (SOECA) and the State Owned Enterprises Procurement Forum (SOEPF) have congratulated the 79 public entities that received clean or unqualified audit opinions with no findings for the year 2013/14.
The audit outcomes were released by Auditor-General Kimi Makwetu in Parliament on Wednesday.
"This achievement by public entities deserves to be celebrated. Often, the impression is created that state owned entities are badly run and generally live in a perpetual state of crisis. But those of us within the sector know that this is not true.
“There are many state owned entities that are centres of excellence,” SOECA President Congress Mahlangu said.
He echoed the Auditor General’s sentiments that many state owned entities were characterised by strong leadership, good governance and financial and performance management controls that prevent or detect and correct errors and non-compliance.
SOEPF President Fantas Mobu said: "As practitioners in public procurement, we are pleased with the news. Our members understand how miss-spent public money in procurement can endanger both the financial and operational integrity of an organization.”
Mobu said the said to the extent that the audit of procurement in state owned enterprises has contributed to this overall picture, procurement practitioners within SOEs must be proud of this achievement.
Both Mahlangu and Mobu further congratulated national and provincial departments which have shown improvements.
Makwetu reported that more departments have received clean audits for 2013/14.
SOECA is an association of communicators within state owned entities across all three spheres of government. The association was recently launched by Minister of Communications Faith Muthambi.
SOEPF is an association of procurement practitioners working for state owned enterprises and has been in existence since 2006. – SAnews.gov.za
