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Enoch Godongwana to highlight public financial management at SAI20 Summit
Enoch Godongwana to highlight public financial management at SAI20 Summit

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time11 hours ago

  • Business
  • IOL News

Enoch Godongwana to highlight public financial management at SAI20 Summit

Finance Minister Enoch Godongwana is expected to deliver a keynote address at the SAI20 Summit. Image: Phando Jikelo / GCIS The Auditor-General of South Africa (AGSA), Tsakani Maluleke, will host a summit of supreme audit institutions (SAIs) of the G20 member countries, known as SAI20, on June 24-25, 2025, in Johannesburg. The summit is an event that will pave the way for the upcoming Group of 20 (G20) Summit to take place later in the year, and will bring together auditors-general from G20 countries to discuss key issues related to transparency and accountability in public financial management. Finance Minister Enoch Godongwana will deliver a keynote address at the summit, highlighting the importance of transparency and accountability in public financial management, according to the AGSA statement. The summit will provide a platform for SAIs to share insights and best practices in promoting good governance and oversight of sustainable development. 'The SAI20 Summit is a crucial event that will enable SAIs to drive collaboration and support their vital role in enhancing governance and fostering oversight of sustainable development within their respective countries. Video Player is loading. Play Video Play Unmute Current Time 0:00 / Duration -:- Loaded : 0% Stream Type LIVE Seek to live, currently behind live LIVE Remaining Time - 0:00 This is a modal window. Beginning of dialog window. Escape will cancel and close the window. Text Color White Black Red Green Blue Yellow Magenta Cyan Transparency Opaque Semi-Transparent Background Color Black White Red Green Blue Yellow Magenta Cyan Transparency Opaque Semi-Transparent Transparent Window Color Black White Red Green Blue Yellow Magenta Cyan Transparency Transparent Semi-Transparent Opaque Font Size 50% 75% 100% 125% 150% 175% 200% 300% 400% Text Edge Style None Raised Depressed Uniform Dropshadow Font Family Proportional Sans-Serif Monospace Sans-Serif Proportional Serif Monospace Serif Casual Script Small Caps Reset restore all settings to the default values Done Close Modal Dialog End of dialog window. Advertisement Video Player is loading. Play Video Play Unmute Current Time 0:00 / Duration -:- Loaded : 0% Stream Type LIVE Seek to live, currently behind live LIVE Remaining Time - 0:00 This is a modal window. Beginning of dialog window. Escape will cancel and close the window. Text Color White Black Red Green Blue Yellow Magenta Cyan Transparency Opaque Semi-Transparent Background Color Black White Red Green Blue Yellow Magenta Cyan Transparency Opaque Semi-Transparent Transparent Window Color Black White Red Green Blue Yellow Magenta Cyan Transparency Transparent Semi-Transparent Opaque Font Size 50% 75% 100% 125% 150% 175% 200% 300% 400% Text Edge Style None Raised Depressed Uniform Dropshadow Font Family Proportional Sans-Serif Monospace Sans-Serif Proportional Serif Monospace Serif Casual Script Small Caps Reset restore all settings to the default values Done Close Modal Dialog End of dialog window. Next Stay Close ✕ 'The gathering will also present an opportunity for SAIs to share insights that will create foresight for G20 governments to ensure that the plight of citizens in their respective countries continues to lead the developmental agenda,' said Maluleke. She said the summit will focus on two developmental themes: unlocking and leveraging public infrastructure funding for equality, sustainable growth, and bringing improvement to the lives of citizens; and collaborative and integrative efforts for a future-ready workforce – bridging the skills gap in sustainable economic growth. Auditor-General Tsakani Maluleke will host the SAI20 Summit next week. Image: Thobile Mathonsi / Independent Newspapers These themes are aligned with the G20's theme of solidarity, equality, and sustainability. 'The SAI20 Summit is a significant event that will have implications for global transparency and accountability. The summit will deliver a joint communique that will set out priorities for all member SAIs to implement until the next summit. This will ensure that SAIs continue to play a vital role in promoting good governance and oversight of sustainable development,' added Maluleke. According to Maluleke, the SAI20 Summit is an opportunity for SAIs to demonstrate their value and benefit by making a difference to the lives of citizens in their respective jurisdictions. 'The ultimate goal is to create an environment where public sector auditors all over the world can do their work to the best benefit of the citizens they are supposed to serve without any fear, favour or prejudice.'

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