Category : News | Posted on 2021-11-26 12:01:56
MEC for Human Settlements Moloki Cwaile has
welcomed and congratulated the North West Housing Corporation which is an
agency of Human Settlements on improved Audit outcomes for the year 2020/2021.
The entity has been receiving disclaimers for the past decades, and recently
the AG’s report reflected a move from disclaimer to qualified report.
According to MEC Cwaile, the implementation of
systems and good governance lead to the recent findings by the AGSA. He called
on the entity to work harder to make sure that it achieves unqualified report
when the AG releases the next outcome. “à want to encourage the all employees
of the entity and its management to remain compliant and adhere to regulations.
Where there is a need for consequence management, processes must be followed
and those at fault must be held accountable†said Cwile.
MEC Cwaile’s sentiments were echoed by the NWHC
interim chairperson Adv Dibetso-Bodibe, who dedicated the achievement to the
team work and adherence by the entity in implementing the audit outcome
recommendations by the Auditor General. “We had an improved audit interaction
and engagement with the AGSA and ensured that the information required is
submitted within the stipulated time. We also responded to all communication of
all findings. Our internal audit and audit committee ensured compliance on all
financial processes, and that’s how we got it right†said advocate
Dibetso-Bodibe.
She said that the entity has optimised its systems
to ensure that available funds are efficiently, effectively and strategically
used for delivering services to the citizens and communities of the North West
Province. She further said that, the audit outcome is a reflection of the
entities continued commitment to putting the needs of the people first.
The corporation has thus far committed to work
tirelessly within its mandate of ensuring the provision of housing in the North
West Province, and further ensure financial and performance management.
According to its CEO Sello Mogodiri, the improved audit opinion is a testimony
that the NWHC’s responsible, efficient and effective use of funds generated
internally and funds received from the Department of Human Settlements in
pursuance of its legislative mandate.
The CEO commended the entire staff of the entity,
the board and its management for the positive step in the right direction. He
called on everyone involved to aim at achieving unqualified report in the next
audit findings. “My appreciation goes to the entire steadfast commitment to
maintain the highest level of governance, while contributing towards building a
better province through the promotion of homeownership,†concluded
Mogodiri.
North West Housing Corporation
23 First St, Mafikeng Industrial,
Mahikeng, 2745