Saldanha Bay IDZ Licencing SOC Ltd

Contact details

Physical: 24 Main Road, Saldanha Bay, 7395
Postal: PO Box 304, Cape Town, 8000
Tel: 022 714 0206 / 087 095 0261


The vision of Saldanha Bay IDZ Licencing SOC Ltd is to create an enabling environment to promote sustainable economic growth and job creation.

The Company's mission is to make use of the enabling legislation to attract foreign and domestic investment, initially through four key levers that support the development of the oil and gas, and marine repair and fabrication cluster: ease of doing business; develop a competitive environment; infrastructure support; and freezone, customs efficiency, and reduce administrative processes.

Office Bearers

Dr Johann Stegmann
Board Members:
Mr Miyelani Mushwana
Mr Justice Ngwenya
Mr Lizo Ntloko
Mr Doug Southgate (Acting)
Mr Herman Boneschans
Senior Management:
Ms Kaashifah Beukes (Executive: Stakeholder Management)
Ms Benedicta Mahlangu (Executive: Ease of Doing Business)
Mr Hannes Marais (Executive: Infrastructure)
Mr Jawahir Nandla (Executive: Commercial Management)
Ms Laura Peinke (Executive: Business Development)
Communications Officers:
Mr Erich Laubscher

Financial Information

All Financial Values: R'0002015/162014/15
AUDIT OUTCOMEClean AuditClean Audit
Current Assetsn/a323 127
Non-Current Assetsn/a21 560
Total Assetsn/a344 688
Current Liabilitiesn/a322 589
Non-Current Liabilitiesn/a334
Total Liabilitiesn/a322 922
Total Net Assetsn/a21 765
Total Revenuen/a43 301
Revenue from Exchange Transactionsn/a397
Revenue from Non-Exchange Transactionsn/a42 903
Total Expendituren/a(21 504)
Employee Related costsn/a(11 777)
Surplus/(Deficit) for Yearn/a21 765
Net Cash Flows from Operating Activitiesn/a339 799
Net Cash Flows from Investing Activitiesn/a(17 732)
Cash & Cash Equivalents at End of Yearn/a32 067
Unauthorised Expendituren/a-
Irregular Expendituren/a-
Fruitless & Wasteful Expendituren/a-
Posts Approvedn/a32
Posts Filledn/a26
Sources n/a Annual Report

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