Four of the seven State-Owned Enterprises (SOE’s) that report to the Department of Public Enterprises have been receiving either qualified or disclaimed audit reports for the past five years.
Three of them – South African Express, South African Airways (SAA) and Alexkor – have been unable to present their audit reports due to liquidity challenges.
This startling report was presented by the office of the Auditor General in parliament on Tuesday.
For more watch video below:
![[File Image] A view of a dilapidated block of flats in Hillbrow, where people struggle with basic services in the business district of Africa's wealthiest city, Johannesburg, South Africa, February 13, 2023.](https://www.sabcnews.com/sabcnews/wp-content/uploads/2023/09/JHB-building-1-120x86.jpg)
