Trade and Investment KwaZulu-Natal

Contact details

Physical: Trade & Investment House, 1 Arundel Close, Kingsmead Office Park, Durban
Postal: PO Box 4245, Durban, 4000
Tel: 031 368 9600
Fax: 031 368 5888
Web: www.tikzn.co.za
Email: info@tikzn.co.za

Overview

The mission of Trade and Investment KwaZulu-Natal (TIKZN) is to identify and package investment opportunities in KZN, brand and market KZN as an investment destination, link opportunities to the developmental needs of the KZN community, and ensure easy access to investment and export trade opportunities.

The Entity aims to deliver effective services and support to its clients and stakeholders through job creation, spatial development, sector development and rural development. This will be achieved through attracting, developing and retaining high-performing employees who have the skills and competencies required to manage key internal business processes, including the marketing of TIKZN as an investment promotion agency; enhancing the research and knowledge capabilities of TIKZN and making use of technology as an enabler for TIKZN's business; ensuring compliance with corporate governance and financial reporting standards; and advocating for a conducive business environment in KZN and marketing the province as a premier business destination.

Office Bearers/Management

Chairperson:
Mrs Ina Cronje
Deputy Chairperson:
Ms LC Cele
Board Members:
Mr Gary Bell
Mr CS Gina
Dr V Mahlati
Ms D Mazibuko
Dr NS Msomi
Mr MA Tarr
Dr J van Zyl
Dr M Velia
Prof W Viviers
CEO:
Mr Zamo Gwala
CFO:
Mr Lingiwe Nyamande
Senior Management:
Mr Lester Bouah (Executive Manager: Export Promotion)
Ms Khanyi Gasa (Executive Manager: Investment Promotion)
Mr Mxolisi Manyakanyaka (Executive Manager: Corporate Services)
Mr Neville Matjie (General Manager: Executive Office)
Mr Sizwe Mbanjwa (General Manager: Investment Promotion)
Mr Donny Pethan (General Manager: Business Retention and Expansion)
Communications Officers:
Ms Ayanda Zuma (General Manager: Marketing and Communications)

Financial Information

All Financial Values: R'0002015/162014/152013/142012/13
 
AUDIT OUTCOMEClean AuditClean AuditFinancially UnqualifiedClean Audit
 
FINANCIAL POSITION
Current Assets28 07618 32812 33113 980
Non-Current Assets1 1189411 0981 427
Total Assets29 19419 26913 42915 407
Current Liabilities21 60815 8546 7537 544
Non-Current Liabilities196-6 5161 389
Total Liabilities21 80415 85413 2698 933
Total Net Assets7 3903 4151606 474
 
FINANCIAL PERFORMANCE
Total Revenue92 28479 58375 13428 798
Revenue from Exchange Transactions6637924948
Revenue from Non-Exchange Transactions91 62179 50474 88528 750
Total Expenditure(88 314)(76 327)(76 970)(35 776)
Employee Related costs(38 626)(36 522)(31 546)(14 565)
Surplus/(Deficit) for Year3 9753 255(1 836)(6 983)
 
CASH FLOW
Net Cash Flows from Operating Activities9 3785 9623 475(1 414)
Net Cash Flows from Investing Activities(361)(493)(628)(345)
Cash & Cash Equivalents at End of Year25 92517 03611 61213 460
 
UIFW EXPENDITURE
Unauthorised Expenditure----
Irregular Expenditure---12
Fruitless & Wasteful Expenditure--63-
 
HUMAN RESOURCES
Posts Approved6464n/an/a
Posts Filled5351n/an/a
 
SourcesAnnual ReportAnnual 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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