Tender News and Blog

The Financial Reporting Council (FRC) said its new audit firm governance code, which came into effect in January, states that auditors must take account of the public interest when they take on or decline work. For accountants a key aspect of this public interest responsibility is that listed companies are required by law to have their accounts externally audited. “We will be concerned in situations in which the firms that are the most competent and capable to undertake an audit either resign, do not re-tender, or decline an invitation to tender with no consideration of the public interest implications,” the FRC said in its annual health check of audit quality at seven firms.

Energy storage technologies, namely batteries, are key in helping to reduce the intensity of load shedding amid grid capacity constraints, a new report shows.

Regulatory statements about cryptocurrency adoption in Africa have transitioned at different rates between 2018 and 2023.

Planning tribunal gives the go-ahead

Mokoteli and Anthony Dywili fraudulently applied to AgriSeta for R1.9m funding in March 2015. The money was for training and mentoring in a food garden operation in Kimberley, Northern Cape. The duo claimed that the application was a joint venture between Business Against Crime and Dipalemo Training Strategic Services, an AgriSeta accredited service provider.

Bloemfontein pastor Lerato Raphael Mokoteli, who fraudulently applied for and received R1.9m from the Agriculture Sector Education and Training Authority, has paid back the money.

A 53-year-old former plant manager of the Sishen Iron Ore Company has pleaded guilty to 12 counts of corruption and 10 of money laundering, the Hawks said.

A proposed four-season agreement between Infront and England’s Football Association to sell FA Cup broadcast rights in various international markets has not been signed off despite the agency being…

Grub & Vine on Bree Street personifies sophisticated yet unpretentious dining, which Matt Manning, the chef and owner, aptly describes as ‘no-nonsense, good food.’ Grub & Vine’s Winter Tasting Menu is a magnificent 6-course feast for R750, showcasing the finest flavours the season has to offer.