Ingonyama Trust Board 3rd Quarter 2014/15 Performance Report
The Committee was briefed by the Ingonyama Trust Board (ITB) on its third quarter 2014/15 performance and financial report. Apologies were received from the Minister and Deputy Minister. At the outset, Members expressed their dismay that the ITB was reporting from a document that contained different figures to the one sent through to Members earlier, and it was difficult to follow the presentation. Secondly, several commented that the reporting format was problematic, as it did not conform to standard practices nor terminology as used in the Public Finance Management Act.