GIGABA BOOSTS BLACK ACCOUNTING FIRM SIZWENTSALUBAGOBODO
Public Enterprises Minister, Mr Malusi Gigaba, today announced that he has appointed SizweNtsalubaGobodo as Transnet SOC Ltd's external auditors, a major milestone in the transformation of the accounting and auditing profession in South Africa.
The appointment is the first in South Africa for a locally grown and black-owned firm to handle the entire audit account of a corporate the size of Transnet.
Speaking at the announcement of the ground-breaking milestone in Sandton, Minister Gigaba says: "This reaffirms our commitment to ensuring that state-owned companies, as entrusted to us by the people of South Africa, are used as agents of change and transformation of our economy."
"We have identified our infrastructure rejuvenation programmes and provision of professional services among our entities as one of the key vehicles by which we will achieve this," Minister Gigaba adds.
"We encourage the private sector to use the services of firms such as SizweNtsalubaGobodo which have demonstrated skills and expertise in their area of competence. As a society, we are collectively responsible for eradicating the apartheid patterns of development and ushering a national democratic society giving effect to the principles and goals set out in our Constitution," Minister Gigaba adds.