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
Web: www.sbidz.co.za
Email: info@sbidz.co.za

Overview

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

Chairperson:
Dr Johann Stegmann
Board Members:
Mr Miyelani Mushwana
Mr Justice Ngwenya
Mr Lizo Ntloko
CEO:
Mr Doug Southgate (Acting)
CFO:
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
 
FINANCIAL POSITION
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
 
FINANCIAL PERFORMANCE
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
 
CASH FLOW
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
 
UIFW EXPENDITURE
Unauthorised Expenditure--
Irregular Expenditure--
Fruitless & Wasteful Expenditure--
 
HUMAN RESOURCES
Posts Approved3532
Posts Filled2826
 
SourcesAnnual 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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