Gauteng Enterprise Propeller (GEP)

Contact details

Physical: 6th Floor, 124 Main Street, Marshalltown, Johannesburg, 2001
Postal: PO Box 61464, Marshalltown, 2107
Tel: 011 085 2001
Fax: 086 675 1329
Web: www.gep.co.za

Overview

Gauteng Enterprise Propeller (GEP) is an agency of the Provincial Department of Economic, Environment, Agriculture and Rural Development in Gauteng. The main objective of the Agency is small business development. This includes financial and non-financial support to Small, Medium and Micro Enterprises (SMMEs) and cooperatives. It started operating in 2005 and its formation was informed by the province’s Growth and Development Strategy (GDS), which identified SMME development as one of the key levers to addressing the triple challenges of unemployment, poverty and inequality.

The strategic objectives of GEP are as follows: provision of efficient and timely support to SMMEs towards facilitating their development; provision of efficient and timely business development support to SMMEs towards increasing their professionalism and sustainability; contributing to the creation of an enabling environment for SMMEs' growth and sustainability; identifying business opportunities and enhancing business facilitation and business partnerships for and between SMMEs; facilitating increased SMME participation, including women, youth and people with disabilities in the province's economic growth sectors, and Gauteng Provincial Government’s priority socio-economic development projects; and efficient and effective management of GEP.

These objectives will be reached through the following: strengthening and improving debt management function; greater focus on resource mobilisation and partnerships; improving business development and after-care support; greater focus on township-based businesses in line with the Gauteng Provincial Government Township Revitalisation Strategy; tailor-made interventions to support informal businesses as the Gauteng Informal Business Uplifment Strategy (GIBUS); developing policies and processes to deal with security cover; and implementing a management information system.

Office Bearers/Management

Chairperson:
Ms Lebogang Magagane
Deputy Chairperson:
Mr Thulani Sithole
Board Members:
Mr Monde Afrika
Ms Claire Busetti
Mr Kingsley Duba
Mr Rodney Kekana
Ms Mamoroke Lehobye
Ms Millicent Maroga
Ms Innocentia Motau
Ms Morwesi Ramonyai
Mr Tshilidzi Ratshitanga
CEO:
Ms Leah Manenzhe (Acting)
CFO:
Ms Nomfanelo Genuka (Acting)
Senior Management:
Mr Thulani Guliwe (Acting Specialist: Strategy, Monitoring and Evaluation)
Mr Mmoledi Malokane (General Manager: Legal)
Mr Tebogo Marishane (Acting Specialist: Risk and Audit)
Mr Patrick Mosiatlhaga (Chief Information Officer)
Mr Mpumelelo Ndebele (Specialist: Partnerships, Stakeholder Engagement and Resource Mobilisation)
Mr Moeketsi Valashiya (Acting General Manager: Loans, Debt Management and Business Development)
Ms Lulama Zabala (General Manager: Corporate Services and Human Resources)
Communications Officers:
Ms Thenjiwe Dube

Financial Information

All Financial Values: R'0002015/162014/152013/142012/13
 
AUDIT OUTCOMEFinancially UnqualifiedFinancially UnqualifiedFinancially UnqualifiedFinancially Unqualified
 
FINANCIAL POSITION
Current Assets138 72264 57799 02490 299
Non-Current Assets32 81021 09728 00224 979
Total Assets171 53285 674127 026115 278
Current Liabilities27 97511 12421 59722 836
Non-Current Liabilities-5911 550118
Total Liabilities27 97511 18333 14822 954
Total Net Assets143 55774 49293 87892 323
 
FINANCIAL PERFORMANCE
Total Revenue311 009186 882147 697113 407
Revenue from Exchange Transactions8 6427 2135 7407 507
Revenue from Non-Exchange Transactions302 367179 669141 957105 900
Total Expenditure(241 943)(206 502)(147 563)(112 388)
Employee Related costs(82 828)(83 688)(63 893)(55 618)
Surplus/(Deficit) for Year69 065(19 672)1 5551 019
 
CASH FLOW
Net Cash Flows from Operating Activities93 620(33 177)12 502(13 089)
Net Cash Flows from Investing Activities(692)(3 272)(308)(876)
Cash & Cash Equivalents at End of Year103 12410 60752 43440 342
 
UIFW EXPENDITURE
Unauthorised Expenditure----
Irregular Expenditure-2 1131 5754 494
Fruitless & Wasteful Expenditure-4015 541-
 
HUMAN RESOURCES
Posts Approvedn/an/an/an/a
Posts Filledn/an/an/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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