Financial transparency for SA's municipalities - it's not rocket science
[Johannesburg, 3 March 2010] -
With government financial mal-administration and inappropriate spending in the news again, it's tempting to think that this could never happen in the private sector - but there are definite parallels.The woes currently facing municipalities in particular are an absolutely classic example of what happens when the basics of financial transparency are not in place.Achieving transparency is not rocket science, and there are many affordable and effective systems available to help organisations do it. It comes down to one very simple thing: Does everybody who needs to, understand what's going on with the money?
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