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South Africa: Sentech Achieves Clean Audit
Source: www.sanews.gov.za
Source Date: Wednesday, December 14, 2016
Focus: Electronic and Mobile Government
Country: South Africa
Created: Dec 14, 2016

In addition, total revenue increased by 7% to R1 179 million in 2015/2016 versus R1 107 million in the 2014/2015 financial year.

“We have achieved over 80% of all the key milestones we had committed to for the period under review. We continued to make strides in fulfilling our mandate by running our business prudently and focusing on growth areas,” said Mlamli Booi, Sentech SOC Ltd Chief Executive Officer.

“The company’s annual financial statements complied with International Financial Reporting Standards (IFRS), and the reported revenues, expenditures, assets and liabilities provide a strong foundation for strengthening Sentech’s long-term sustainability.

“Furthermore, there were no instances of non-compliance with applicable laws and regulations that had an impact on the company,” said Booi.

Booi said Sentech remains committed to delivering reliable service to its customers.

“We thank them for the confidence they have placed on our company. I thank our management and staff for great performance achieved in the 2016 financial year,” Booi said. – SAnews.gov.za

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