South Africa’s AIDS Drug Tender Controversy has escalated in Parliament, after Health Minister Dr Aaron Motsoaledi sought to distance himself from the department’s latest antiretroviral procurement saga. He told MPs that director-general Sandile Buthelezi, as the department’s accounting officer, carries full responsibility for procurement sign-off. This includes the R15.5bn AIDS drug tender announced in August. The tender covers the three-in-one…
Tag: Public Finance
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Road Accident Fund Insolvency has Deep Roots, Scopa Told
Former Road Accident Fund (RAF) board members have told Parliament that the fund’s crisis is not new. They said the RAF has faced sustained financial distress for more than three decades. In their account, liabilities have exceeded assets since at least 1981. That, they argued, left the fund “technically insolvent” for decades. The testimony was delivered to Parliament’s standing committee…
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Road Accident Fund Bonuses Scrutinised by Scopa
The Road Accident Fund (RAF) paid R231.7 million in bonuses during a financial year. These Road Accident Fund bonuses came under scrutiny when, during the same year, the RAF received an adverse audit opinion from the Auditor-General of South Africa, as Parliament heard on Monday. The revelation, contained in the fund’s latest annual report, has become a focal point for…