South African state-run entity responsible for smart IDs and passports kissed R66 million goodbye
The Government Printing Works (GPW) wrote off R66.02 million in bad debts during the 2025/26 financial year, up from just R2,000 the year prior.This far exceeded the state entityβs budgeted R2 million for bad debts written off during the financial year.βDuring the 2026 financial year, GPW wrote off trade receivables amounting to R66,020,000 after management had assessed that all reasonable steps of recovery had been taken,β it said.
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Original Source Attribution
Reported by mybroadband.co.za.
Read Original Report at mybroadband.co.za β
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