The Auditor-General that audits the Annual Financial Statements for the financial book year 2023/2024, announced that ERWAT has achieved a clean audit. This is a huge milestone for ERWAT as it is its first clean audit since 2010.
This accomplishment is a testament to the company’s commitment to improving its financial management and operational efficiency. ERWAT, that is responsible for domestic and industrial wastewater treatment and water reuse in the Ekurhuleni region, has been working diligently to address past challenges and implement robust governance practices. The clean audit reflects the positive impact of these efforts, demonstrating that ERWAT is now on a path of financial sustainability and accountability. Mr Kennedy Chihota, Managing Director of ERWAT, said the clean audit is not just a symbolic achievement; it has practical implications for ERWAT’s operations and stakeholder confidence. With improved financial health, ERWAT can now focus on applying for funding to expand its infrastructure and services to meet the growing demands of the region.
Urgent challenges that ERWAT faces include the upgrading of water care works, enhancing water reuse initiatives, and ensuring that the company can continue to provide essential services to the community, Mr Kennedy Chihota added.
The clean audit also opens opportunities for ERWAT to attract more investment and partnerships, further strengthening its ability to deliver on its mandate. ERWAT’s commercial business wing is continuously marketing its ability to treat industrial wastewater in both the private and public services sector.
Mr Kennedy Chihota, Managing Director of ERWAT
Moreover, the clean audit serves as a beacon of hope for other municipal entities struggling with financial mismanagement. ERWAT’s success story highlights the importance of strong leadership, transparency, and a commitment to continuous improvement. By setting a precedent for good governance and fiscal responsibility, ERWAT is paving the way for other municipal entities to follow suit. This achievement is a reminder that with dedication and hard work, it is possible to turn around even the most challenging situations and build a brighter future for all stakeholders involved.
