North West Development Corporation

Contact details

Physical: 22 James Watt Crescent, Industrial Sites, Mahikeng, 2745
Postal: PO Box 3011, Mmabatho, 2735
Tel: 018 381 3663
Fax: 018 381 2041
Web: http://nwdc.co.za/
Email: info@nwdc.co.za

Overview

The mission of the North West Development Corporation (NWDC) is to stimulate economic growth and sustainable development that will result in job creation and wealth. The NWDC has aligned its business fully with the strategic objectives of the North West Provincial Government, as outlined in the Provincial Growth and Development Strategy and informed by the terms of the shareholders' compact and service-level agreement.

One of its main drives is to give impetus to the development initiatives of the Department of Enterprise Development by providing project management services for key projects. The NWDC also manages a social responsibility programme that disburses one-off donations to various communities, including the physically challenged, senior citizens' homes, schools, sports, and youth development initiatives.

Office Bearers

Chairperson:
Mr Bheki Khumalo
Board Members:
Ms J Brown
Mr A Fraser
Adv HC Keyter
Ms N Koloti
Mr B Mabale (CFO)
Mr D McGluwa
Ms N Mojanaga
Mr L Moletsane (CEO)
Mr M Ndaba
Adv Tiny Seboko
Adv VT Seboko
CEO:
Mr L Moletsane
CFO:
Mr B Mabale
Senior Management:
Ms Karen Lansberg (Marketing and Information Officer)
MT Legotla (Area Manager: Ngaka Modiri Molema)
Ms Poppy Lenyatsa (Human Resource Manager)
JS Mabuse (Manager: Securities)
Ms Maureen Molebatsi (Executive Personal Assistant)
Maseng Viljoen (Internal Auditor (Outsourced))
W Wanzi (Acting SMME Fund Manager)
Communications Officers:
n/a

Financial Information

All Financial Values: R'0002015/162014/152013/142012/13
 
AUDIT OUTCOMEDisclaimerQualifiedQualifiedFinancially Unqualified
 
FINANCIAL POSITION
Current Assetsn/a155 612158 839146 087
Non-Current Assetsn/a1 013 8711 015 074783 791
Total Assetsn/a1 169 4831 173 913929 878
Current Liabilitiesn/a284 324301 176155 364
Non-Current Liabilitiesn/a--168
Total Liabilitiesn/a284 324301 176155 532
Total Net Assetsn/a885 159872 737774 346
 
FINANCIAL PERFORMANCE
Total Revenuen/a152 543200 456121 974
Revenue from Exchange Transactionsn/a117 274108 503121 974
Revenue from Non-Exchange Transactionsn/a35 26991 953-
Total Expendituren/a(150 888)(148 768)(110 651)
Employee Related costsn/a(53 356)(47 711)(37 615)
Surplus/(Deficit) for Yearn/a1 65551 68811 323
 
CASH FLOW
Net Cash Flows from Operating Activitiesn/a(3 284)2 134(18 740)
Net Cash Flows from Investing Activitiesn/a3 959(4 399)(3 212)
Cash & Cash Equivalents at End of Yearn/a93 21698 681108 484
 
UIFW EXPENDITURE
Unauthorised Expendituren/a---
Irregular Expendituren/a51 02221 0221 915
Fruitless & Wasteful Expendituren/a76390-
 
HUMAN RESOURCES
Posts Approvedn/a388n/a26
Posts Filledn/a181n/an/a
 
Sources n/a Annual Report n/a Annual 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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