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 Assets60 37356 67760 24844 036
Non-Current Assets4 3162 5622 2972 265
Total Assets64 68859 23962 54546 301
Current Liabilities29 93128 94223 06017 209
Non-Current Liabilities----
Total Liabilities29 93128 94223 06017 209
Total Net Assets34 75830 29739 48529 092
 
FINANCIAL PERFORMANCE
Total Revenue59 08965 99559 29150 185
Revenue from Exchange Transactions26 55726 71917 41014 410
Revenue from Non-Exchange Transactions32 53239 27641 88135 775
Total Expenditure(54 629)(54 311)(49 269)(43 158)
Employee Related costs(39 140)(36 342)(32 158)(26 824)
Surplus/(Deficit) for Year4 46111 68510 0226 941
 
CASH FLOW
Net Cash Flows from Operating Activities5 64617 95315 6957 924
Net Cash Flows from Investing Activities(3 096)(440)102(218)
Cash & Cash Equivalents at End of Year56 83854 28857 57641 788
 
UIFW EXPENDITURE
Unauthorised Expenditure----
Irregular Expenditure3 0182 559--
Fruitless & Wasteful Expenditure-131273
 
HUMAN RESOURCES
Posts Approved8710188n/a
Posts Filled72717066
 
SourcesAnnual ReportAnnual ReportAnnual ReportAnnual Report

Annual Reports


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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