KwaZulu-Natal Gaming and Betting Board

Contact details

Physical: 330 Langalibalele Street, Pietermaritzburg, 3201
Postal: Private Bag X9102, Pietermaritzburg, 3200
Tel: 033 345 2714
Fax: 033 342 7853
Web: www.kzngbb.org.za
Email: info@kzngambling.co.za

Overview

The mission of the KwaZulu-Natal Gaming and Betting Board is to protect the interests of the public by ensuring the integrity of legalised gambling through strict enforcement of applicable legislation, the licensing of qualified entities and individuals, and fulfilling the objectives of the provincial government to deliver a significant source of revenue, enhance tourism, develop and transform the gaming and horse racing industry, whilst promoting broad socio-economic and employment opportunities.

The Board's strategic objectives are to license, investigate and roll-out new gambling initiatives; conduct revenue and compliance monitoring audits within the gaming industry; ensure effective legal services and risk management; ensure good governance and compliance; minimise illegal gambling, fraud and corruption; and ensure effective management of the Board's financial resources in line with the statutory requirements.

Office Bearers

Chairperson:
Adv BS Khuzwayo
Deputy Chairperson:
Mr ED Mpanza
Board Members:
Mr SN Chetty
Mrs H Hart
Adv ND Hollis
Mr PM Miller
Mrs VPN Mkhize
Mrs ST Mthembu
Ms B Zulu
CEO:
Ms Portia Baloyi
CFO:
Mr Vishal Ramdas
Senior Management:
Mr R Bestel (Betting Monitoring and Control)
Mr Richard Goodayle (Gaming Monitoring and Control)
Mr M Ngwenya (Chief Legal Advisor)
Mr Bheki Radebe (Licensing and Registration)
Ms S Singh (Company Secretary)
Mrs Jane Stretch (Governance, Risk and Compliance)
Mrs N Xaba (Human Resources Manager)
Communications Officers:
Ms Clarissa Naidoo
Mr M Zakwe (Chief Information and Risk Officer)

Financial Information

All Financial Values: R'0002015/162014/152013/142012/13
 
AUDIT OUTCOMEClean AuditFinancially UnqualifiedFinancially UnqualifiedClean Audit
 
FINANCIAL POSITION
Current Assetsn/a56 48860 24844 036
Non-Current Assetsn/a2 5622 2972 265
Total Assetsn/a59 05062 54546 301
Current Liabilitiesn/a28 87223 06017 209
Non-Current Liabilitiesn/a---
Total Liabilitiesn/a28 87223 06017 209
Total Net Assetsn/a30 17839 48529 092
 
FINANCIAL PERFORMANCE
Total Revenuen/a65 91559 29150 185
Revenue from Exchange Transactionsn/a26 63917 41014 410
Revenue from Non-Exchange Transactionsn/a39 27641 88135 775
Total Expendituren/a(54 429)(49 269)(43 158)
Employee Related costsn/a(35 848)(32 158)(26 824)
Surplus/(Deficit) for Yearn/a11 48610 0226 941
 
CASH FLOW
Net Cash Flows from Operating Activitiesn/a17 95315 6957 924
Net Cash Flows from Investing Activitiesn/a(440)102(218)
Cash & Cash Equivalents at End of Yearn/a54 28857 57641 788
 
UIFW EXPENDITURE
Unauthorised Expendituren/a---
Irregular Expendituren/a2 559--
Fruitless & Wasteful Expendituren/a131273
 
HUMAN RESOURCES
Posts Approvedn/a10188n/a
Posts Filledn/a717066
 
Sources n/a Annual ReportAnnual ReportAnnual Report


The information in this directory is supplied and/or externally sourced and is also subject to continual change. If you notice any errors or omissions, please contact us at info@provincialgovernment.co.za so that we can correct them.
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