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Report calls for forensic audit of Ingonyama Trust

By Tauriq Moosa A report from the University of Cape Town (UCT) has raised concerns about the Ingonyama Trust’s financial management, saying the trust has been “vague” in its reporting and is not subject to “meaningful” public finance oversight.

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Permanent link to this article: https://www.customcontested.co.za/report-calls-for-forensic-audit-of-ingonyama-trust/

The government should not blame the Mogale judgment for Khoi-San Commission struggles

By Monica de Souza Louw Pitting groups who are trying to assert their constitutional rights and traditional identities against one another not only threatens social cohesion, but also resembles divide-and-rule tactics used by the colonial and apartheid governments.

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Permanent link to this article: https://www.customcontested.co.za/the-government-should-not-blame-the-mogale-judgment-for-khoi-san-commission-struggles/

Ingonyama Trust finances are not transparent, says report

By Liezl Human The Ingonyama Trust, which has the Zulu king as its sole trustee and owns vast amounts of land in KwaZulu-Natal, is not being transparent about its finances. This is the finding of UCT’s Land & Accountability Research Centre which says the Trust is not compliant with the Public Finance Management Act. Over five …

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Permanent link to this article: https://www.customcontested.co.za/ingonyama-trust-finances-are-not-transparent-says-report/

Court battle looms over R71m ‘missing’ from Ingonyama Holdings

By Paddy Harper The Ingonyama Trust Board is unable to account for R71 million “loaned” to its investment wing, Ingonyama Holdings, three years ago, because its former chairperson, Jerome Ngwenya, has refused to hand over financial records for auditing purposes.

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Permanent link to this article: https://www.customcontested.co.za/court-battle-looms-over-r71m-missing-from-ingonyama-holdings/

DOWNLOAD HERE: The Ingonyama Trust Financial Reporting – Implications for Accountability

SUMMARY The Ingonyama Trust was created by the Ingonyama Trust Act of 1994, just as South Africa headed to its first democratic elections, to hold in trust under the trusteeship of the Zulu monarch, the Ingonyama, all land that previously was vested in the former KwaZulu ‘homeland’ government. Since its inception, and since the establishment …

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Permanent link to this article: https://www.customcontested.co.za/download-here-the-ingonyama-trust-financial-reporting-implications-for-accountability/

Custom Contested