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 Assets316 391323 127
Non-Current Assets140 25821 560
Total Assets456 649344 688
Current Liabilities315 666322 589
Non-Current Liabilities439334
Total Liabilities316 105322 922
Total Net Assets140 54421 765
Total Revenue150 44543 301
Revenue from Exchange Transactions59397
Revenue from Non-Exchange Transactions150 38642 903
Total Expenditure(31 699)(21 504)
Employee Related costs(17 325)(11 777)
Surplus/(Deficit) for Year118 77921 765
Net Cash Flows from Operating Activities90 730339 799
Net Cash Flows from Investing Activities(98 747)(17 732)
Cash & Cash Equivalents at End of Year314 050322 067
Unauthorised Expenditure--
Irregular Expenditure--
Fruitless & Wasteful Expenditure--
Posts Approved3532
Posts Filled2826
SourcesAnnual ReportAnnual Report

Annual Reports

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