Trade and Investment KwaZulu-Natal (TIKZN)

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 M Velia
Prof W Viviers
CEO:
Mr Zamo Gwala
CFO:
Mr Lingiwe Nyamande
Senior Management:
Mr Lester Bouah (Executive Manager: Export Promotion)
Mr Mxolisi Manyakanyaka (Executive Manager: Corporate Services)
Mr Neville Matjie (Executive Manager: Strategy and Operations)
Mr Sihle Ngcamu (Executive Manager: Investment Promotion)
Communications Officers:
Ms Ayanda Zuma (General Manager: Marketing and Communications)

Financial Information

All Financial Values: R'0002016/172015/162014/152013/14
 
AUDIT OUTCOMEClean AuditClean AuditClean AuditFinancially Unqualified
 
FINANCIAL POSITION
Current Assetsn/a28 07618 32812 331
Non-Current Assetsn/a1 1189411 098
Total Assetsn/a29 19419 26913 429
Current Liabilitiesn/a21 60815 8546 753
Non-Current Liabilitiesn/a196-6 516
Total Liabilitiesn/a21 80415 85413 269
Total Net Assetsn/a7 3903 415160
 
FINANCIAL PERFORMANCE
Total Revenuen/a92 28479 58375 134
Revenue from Exchange Transactionsn/a66379249
Revenue from Non-Exchange Transactionsn/a91 62179 50474 885
Total Expendituren/a(88 314)(76 327)(76 970)
Employee Related costsn/a(38 626)(36 522)(31 546)
Surplus/(Deficit) for Yearn/a3 9753 255(1 836)
 
CASH FLOW
Net Cash Flows from Operating Activitiesn/a9 3785 9623 475
Net Cash Flows from Investing Activitiesn/a(361)(493)(628)
Cash & Cash Equivalents at End of Yearn/a25 92517 03611 612
 
UIFW EXPENDITURE
Unauthorised Expendituren/a---
Irregular Expendituren/a---
Fruitless & Wasteful Expendituren/a--63
 
HUMAN RESOURCES
Posts Approvedn/a6464n/a
Posts Filledn/a5351n/a
 
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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