Gauteng Treasury’s R6m payment mistake
By Kaya 959 News The Gauteng Department of Treasury lost more than R6 million after it paid Microsoft in dollars instead of rands. "Provincial Treasury erroneously processed an amount of $20 913 793.81 instead of the rand value of R20 913 793.81 as per e-Government payment advice, for the cost of Microsoft fees. This resulted in a debit amount of R 318 307 941.79 from the e-Government bank account," the […]