Audit Improvement | auditor-general | Business | Capital Expenditure | Commuter Rail | governance reform
Prasa achieves first unqualified audit in nine years with 93% performance rate
The Passenger Rail Agency of South Africa (Prasa) has achieved its first unqualified audit opinion in nine years, marking a significant milestone in the state-owned entity’s turnaround and governance reform. This follows four years of disclaimer opinions (2019 to 2022) and two years of qualified opinions (2023 to 2024). Commercial revenue reached R707.82 million. Of…