Mayibuye Transport Corporation (MTC)

Contact details

Physical: Shop 15, Beacon Bay Crossing, Cnr N2 & Bonza Bay Roads, Beacon Bay, East London
Postal: PO Box 19596, Tecoma, East London, 5214
Tel: 043 745 2582
Fax: 043 745 2586
Web: www.mayibuyetransport.co.za
Email: info@mtcec.co.za

Overview

The vision of the Mayibuye Transport Corporation (MTC) is to be the public transporter of choice. It is the mission of the MTC to provide a safe, reliable, affordable public bus transport service that is responsive to its environment.

The MTC’s strategic goals are to: ensure accessible, reliable, safe and affordable public bus transportservices that satisfy the needs of their customers; be a catalyst to the Eastern Cape Developmental Priorities through the provision of a viable public bus transport service; and develop the MTC into a fit-for-purpose public transport provider.

Office Bearers/Management

Chairperson:
Ms Fezeka Khuthazwa Pearl Ntlemeza
Deputy Chairperson:
Dr Vanguard Mkosana
Board Members:
Mr André Joubert de Vries (Department of Transport Representative)
Mrs Thandiwe Godongwana
Mrs Nomalungelo Beula Petela-Ngcanga
Adv Mathobela Harold Sishuba
Dr Bridget Ssamula
Mr Radhesh Surajbali
Mr Phumzile Goodwin Zitumane
CEO:
Mrs Ntombizine Velma Madyibi
CFO:
Mr Spelele Galada
COO:
Mr David Gwabeni
Communications Officers:
Ms Bongiwe Solwandle (PR and Communications Officer)

Financial Information

All Financial Values: R'0002016/172015/162014/152013/14
 
AUDIT OUTCOMEFinancially UnqualifiedFinancially UnqualifiedQualifiedQualified
 
FINANCIAL POSITION
Current Assetsn/a34 50767 46412 028
Non-Current Assetsn/a139 86976 20075 027
Total Assetsn/a175 525143 66487 056
Current Liabilitiesn/a16 38211 24816 553
Non-Current Liabilitiesn/a19 42430194
Total Liabilitiesn/a35 80611 54916 647
Total Net Assetsn/a139 719132 11570 409
 
FINANCIAL PERFORMANCE
Total Revenuen/a134 133123 806101 485
Revenue from Exchange Transactionsn/a35 14330 06527 397
Revenue from Non-Exchange Transactionsn/a98 99093 74174 088
Total Expendituren/a(136 529)(135 065)(111 158)
Employee Related costsn/a(62 304)(61 374)(54 791)
Surplus/(Deficit) for Yearn/a(2 396)(11 279)(11 333)
 
CASH FLOW
Net Cash Flows from Operating Activitiesn/a1 9551503 115
Net Cash Flows from Investing Activitiesn/a(84 015)(10 884)(14 143)
Cash & Cash Equivalents at End of Yearn/a15 84462 4505 579
 
UIFW EXPENDITURE
Unauthorised Expendituren/a---
Irregular Expendituren/a2 1653 9328 303
Fruitless & Wasteful Expendituren/a82127126
 
HUMAN RESOURCES
Posts Approvedn/a295274230
Posts Filledn/a237249234
 
Sources n/a Annual 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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