Zambia’s Auditor General Notes Poor Performance From 16 State Owned Entities

On 14 May, the Office of the Auditor General, Republic of Zambia, released their Parastatal Audit Report for 2017. The media statement notes that the, Report of the Auditor General on the Accounts of Parastatal Bodies and other Statutory Institutions for the financial year ended 31st December 2017 is out, with a tone of poor financial and operational performance in most of the audited entities. The Report which is an exception report, has also highlighted weaknesses in corporate governance; fai


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