Archive by author: Kimi Makwetu (AG)Return

Kimi Makwetu officially took up his duties as Deputy Auditor-General on 1 August 2007. As DAG he has overall control of and accountability for the administration of the AG for a period of five years. Kimi, a qualified chartered accountant, was born in Cape Town, studied at the University of Cape Town and graduated with a BCompt Honours from Unisa in 1997.

He started his career with Standard Bank and later worked for Nampak. He articled with Deloitte where he progressed to senior management before joining Liberty and Metropolitan Life. Makwetu returned to Deloitte as a partner and was part of Forensics Division until he joined the Auditor-General.

On his role, Kimi commented: “One of my critical roles as DAG is to help the organisation to continue to unearth and groom more young chartered accountants from all corners of this country. South Africa is a rich mine of young, bright and talented youths. It is our task to help unearth and polish this latent talent. Most importantly, I will put more emphasis on helping direct the dedicated team of professionals behind the office’s continued success. Our task is to continue delivering good service and being a centre of excellence.”

Says AG, Terence Nombembe: “We are pleased to have a leader of Makwetu’s calibre join us to help reinforce our endeavours to anchor the organisation as South Africa’s supreme audit institution which supports the country’s socio-economic development efforts. I am confident he will be instrumental in helping the organisation continue to move on its established track of transparency, credibility and independence. We operate in a constantly transforming and developing country. To be relevant in such a changing environment, the organisation is continually redefining itself to meet challenges presented by change."
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Audit outcomes and our reports - October 2015

The subject of audits has recently assumed centre stage in public discourse. Correctly so, since we also witness a deterioration or lack of delivery of services in a number of communities. As the public is searching for answers to these problems, audits became another useful area of assurance as they deal with the management of public institution finances.
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Wholesale clean administration – a fitting tribute to the outgoing Auditor-General

Wholesale clean administration – a fitting tribute to the outgoing Auditor-General

In 2006, just a few days after his appointment as the Auditor-General, Terence Nombembe had this to say about clean administration: “Public sector audits go beyond merely expressing an opinion on the financial statements. When we audit the public sector, we also comment on the effectiveness of key management processes and give feedback on compliance with laws and regulations. We have to report in a manner that enables Parliament and the executive to account for how they deal with taxpayers’ mo...
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