North West Development Corporation (NWDC)

Contact details

Physical: 22 James Watt Crescent, Industrial Sites, Mahikeng, 2745
Postal: PO Box 3011, Mmabatho, 2735
Tel: 018 381 3663 / 017 422 0067
Fax: 018 381 2041
Web: http://nwdc.co.za/
Email: info@nwdc.co.za

Overview

The North West Development Corporation's (NWDC) strategic thrust is to drive an inclusive strategy towards economic growth and transformation in the province in line with the provincial priorities. The NWDC’s purpose is to contribute towards the growth and transformation of the economy by positioning the North West Province as a competitor in the SADC Region, Africa and the globe in investment attraction.

The Corporation aims to demonstrate its leadership by implementing key programmes and providing support for the development of key sectors of the economy in line with the conventional economic and industrial policies of the province. Key to this aim is the growth of the cooperatives economy, trade and investment facilitation, and increased strategic economic infrastructure.

The NWDC undertakes to support key provincial strategies in a manner that ensures successful implementation of those strategies. Its vision is to be the cornerstone of promoting trade, attracting investment, and ensuring economic growth and transformation in the North West Province. Its mission is to contribute to the economic growth and transformation of the North West Province through industrial and commercial investment.

Office Bearers/Management

Chairperson:
Mr GD Duma
Board Members:
Ms M Chokoe
Ms KA Dikgole
Mr TC Dlamini
Prof LTB Jackson
Adv HC Keyter
Mr B Khumalo
Ms A Kistan
Ms N Koloti
Ms FN Matlala (Company Secretary)
Prof NA Nevhutanda
Mr KK Tlhoaele
CEO:
Mr T Phetla
CFO:
Mr T Pitso (Acting Financial Director and Manager: Financial Accountant and Reporting)
Senior Management:
Mr E Clark (Project Manager)
Mrs D Dikgole (Auxiliary Manager)
Mr I Ditlhoiso (SMME Manager)
Mrs N Erasmus (Senior Specialist: Monitoring and Evaluation)
Mrs J Hoogkammer (Manager: Research and Innovation)
Mr J Landsberg (ICT Manager)
Mr M Legotlo (Regional Manager)
Mr B Mabale (Risk Manager)
Mr M Mahapa (Manager: Revenue and Expenditure)
Mr L Makunike (Trade and Investment Facilitation Manager)
Mrs M Matabane (SEZ Planning Specialist)
Ms P Matli (Acting Executive Manager: Corporate Service and HR Manager)
Mr E Moncho (Manager: CEO's Office)
Mr M Mthimunye (Acting Executive Manager: Investment Growth)
Mr M Mthimunye (Regional Manager)
Ms S Mudramuthoo (Marketing and Communications Manager)
Mr B Nkhumeleni (Project Manager)
Mr P Rammutle (Supply Chain Manager)
Mr D Sadike (Project Executive)
Mr T Shai (Project Manager)
Mr W Wanzi (SMME Manager)
Communications Officers:
Mrs Karen Landsberg

Financial Information

All Financial Values: R'0002015/162014/152013/142012/13
 
AUDIT OUTCOMEDisclaimerQualifiedQualifiedFinancially Unqualified
 
FINANCIAL POSITION
Current Assets156 903155 610158 839146 087
Non-Current Assets1 284 129980 5901 015 074783 791
Total Assets1 441 0321 136 2001 173 913929 878
Current Liabilities266 127164 183301 176155 364
Non-Current Liabilities143 298121 389-168
Total Liabilities409 425285 572301 176155 532
Total Net Assets1 031 607850 628872 737774 346
 
FINANCIAL PERFORMANCE
Total Revenue254 457152 543200 456121 974
Revenue from Exchange Transactions184 817117 274108 503121 974
Revenue from Non-Exchange Transactions69 64035 26991 953-
Total Expenditure(286 344)(152 142)(148 768)(110 651)
Employee Related costs(100 511)(52 357)(47 711)(37 615)
Surplus/(Deficit) for Year(31 887)40151 68811 323
 
CASH FLOW
Net Cash Flows from Operating Activities37 071(3 284)2 134(18 740)
Net Cash Flows from Investing Activities(42 370)3 958(4 399)(3 212)
Cash & Cash Equivalents at End of Year84 15693 21598 681108 484
 
UIFW EXPENDITURE
Unauthorised Expenditure----
Irregular Expenditure94 23251 02221 0221 915
Fruitless & Wasteful Expenditure5 89276390-
 
HUMAN RESOURCES
Posts Approved251388n/a26
Posts Filled202181n/an/a
 
SourcesAnnual ReportAnnual Report n/a Annual 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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