Molefhi urges businesses to embrace auditing

Speaking at the 2015 Internal Audit Pitso on Monday, the Minister of Infrastructure, Science and Technology, Nonofo Molefhi said internal audit could be the panacea to many of the socio-economic challenges in the country.

“When one looks at the current state of internal audit, and reconcile it with today’s turbulent economic situations where large corporations still fail, mega projects are still also continually failing sometimes due to poor monitoring, fraud and corruption,” he said.