The RBIDZ yet again gets the clean audit opinion for 2022/2023 financial year from the Auditor-General of South Africa.
The achievement attained for the 4th consecutive year comes as no surprise for the company that abides by efficient and effective controls in place and keeps corporate governance matters under check.
The unwavering commitment by the company towards ethical conduct and adherence to good governance is a highpoint. It is also significant to emphasise that the clean audit opinion is as a result of concerted efforts by the company in implementing proper internal controls to manage performance and financial information.
“As we continue with the execution of the mandate, the company takes pride in delivering a succession of credible and transparent outcome; and is indefinitely putting concerted strengths towards the highest levels of financial probity” remarked Board Chairperson, Advocate Bhekisisa Mbili.
‘We are indeed delighted and encouraged by the recognition and findings from the Auditor -General and extend appreciation for the continued guidance and support’.
Mbili did not only congratulate his fellow directors, however correspondingly commended the Executive Management and all categories of staff for the 94% overall achievement of the audited company performance for the 2022/2023 financial year, a tremendous improvement from the 84% achieved in the previous year.
‘We remain indebted to our government, shareholder – MEC for EDTEA, Mr. Siboniso Duma and the society that looks up to us to take full accountability in the execution of our mandate’, concluded Mbili.
Issued by Richards Bay Industrial Development Zone (RBIDZ)
