Gauteng Infrastructure Financing Agency

Contact details

Physical: 82 Grayston Drive, Sandton, Johannesburg, 2017
Postal: PO Box 650780, Benmore, 2010
Tel: 011 290 6600
Fax: 011 290 6700
Web: www.gifa.co.za
Email: info@gifa.co.za

Overview

The vision of the Gauteng Infrastructure Financing Agency (GIFA) is to ensure alternative funding for Gauteng’s strategic infrastructure projects. The Agency's value proposition is to provide a one-stop service to convert project concepts to bankable proposals, and in collaboration with project owners and the Provincial Treasury, the GIFA will support public institutions in the Gauteng province to perform project preparation and facilitate innovative financing solutions.

The Agency's strategic goals are to: ensure that the GPG develops infrastructure projects to bankable proposals, which will attract funding from various sources; become a centre of excellence that applies various funding models for infrastructure financing solutions; establish a network of investor partnerships and build investor confidence in the GPG initiated projects; ensure efficient and economic contracting for infrastructure projects in a manner that realises the socio-economc benefits of the GPG.

Office Bearers

CEO:
Mr Oupa Seabi
CFO:
Ms Rianda Kruger
Senior Management:
Mr Kevin Abrahams (Project Manager)
Ms Marilyn Hamilton (Manager: Monitoring and Evaluation)
Mr Li-pei Huang (Manager: Project Accounting)
Mr Wenrho Jubber (Manager: Human Resources)
Ms Liesel Lombard (Manager: PPP and Compliance)
Mr Eamon Marias (Project Manager)
Ms Shedi Maserumule (Senior Investment Analyst)
Mr Victor Molate (Financial Manager)
Ms Noxolo Mtembu (Project Manager)
Mr Kemraj Ojageer (Acting Head: Structured Finance)
Mr Lebogang Tladinyane (Head: Strategy, Monitoring and Evaluation)
Communications Officers:
Mr Aubrey Kitime (Manager: Communications and Stakeholder Relations Management)

Financial Information

All Financial Values: R'0002015/162014/152013/142012/13
 
AUDIT OUTCOMEClean AuditFinancially UnqualifiedClean AuditClean Audit
 
FINANCIAL POSITION
Current Assets129 00694 03476 33765 236
Non-Current Assets5 03311 3498 1696 555
Total Assets134 039105 38384 50671 791
Current Liabilities3 6392 40813 8437 079
Non-Current Liabilities94 613133127112
Total Liabilities98 2522 54113 7907 191
Total Net Assets134 039102 84270 53664 600
 
FINANCIAL PERFORMANCE
Total Revenue50 85179 95550 95053 824
Revenue from Exchange Transactions5 8514 9559503 824
Revenue from Non-Exchange Transactions45 00075 00050 00050 000
Total Expenditure(40 219)(47 678)(45 036)(37 841)
Employee Related costs(16 567)(13 861)(12 787)(10 618)
Surplus/(Deficit) for Year10 63232 2775 91415 443
 
CASH FLOW
Net Cash Flows from Operating Activities34 71015 78213 5145 299
Net Cash Flows from Investing Activities(705)(433)(2 480)(146)
Cash & Cash Equivalents at End of Year120 68591 61976 27065 236
 
UIFW EXPENDITURE
Unauthorised Expenditure----
Irregular Expenditure-13 156--
Fruitless & Wasteful Expenditure----
 
HUMAN RESOURCES
Posts Approvedn/an/a3030
Posts Filledn/an/a1817
 
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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