Northwest Transport Investments SOC Ltd (NTI)

Contact details

Physical: Cnr Simon Vermooten & Alwyn Streets, Samcorpark, Pretoria
Postal: PO Box 19339, Pretoria West, 0117
Tel: 012 803 7870
Fax: 012 803 7870
Web: www.nti.co.za
Email: info@nti.co.za

Overview

The vision of Northwest Transport Investments SOC Ltd (NTI) is to be a premier provider of sustainable transport services and investments in South Africa and beyond. The Entity was established in 1973 as a parastatal company solely owned by the North West Provincial Government.

The NTI group, through its subsidiary Northwest Star, has been the primary source of transport in the North West province since its inception during the days of the erstwhile Bophuthatswana. With the growth of the company, transport services were also extended to the provinces of Limpopo, Mpumalanga and Gauteng to thousands of commuters.

Office Bearers/Management

Chairperson:
Mr EP Maponya
Board Members:
Mr VJ Dliso
Mrs MF Mokati-Thebe
CEO:
Mr LE Moletsane (Acting)
CFO:
Mr JT Sapsford (Acting)
Senior Management:
Mr LN de Beer (General Manager: Operations Northwest Star)
Mr AR Komane (Senior Manager: Babelegi Northwest Star)
Ms G Molepo (Chief Audit Executive)
Mr DHA van der Merwe (Manager: Business Development)
Communications Officers:
Mr John Sapsford

Financial Information

All Financial Values: R'0002015/162014/152013/142012/13
 
AUDIT OUTCOMEQualifiedQualifiedQualifiedQualified
 
FINANCIAL POSITION
Current Assets118 375108 91490 663117 837
Non-Current Assets402 075451 441456 344497 981
Total Assets520 450560 355547 007615 818
Current Liabilities136 589131 660112 511109 645
Non-Current Liabilities20 11818 08233 80925 231
Total Liabilities156 707149 742146 319134 877
Total Net Assets363 743410 613400 688480 941
 
FINANCIAL PERFORMANCE
Total Revenue898 430922 382796 775877 616
Revenue from Exchange Transactionsn/an/an/an/a
Revenue from Non-Exchange Transactionsn/an/an/an/a
Total Expenditure(951 829)(910 413)(881 153)(801 473)
Employee Related costs(416 246)(389 142)(358 874)(320 769)
Surplus/(Deficit) for Year(53 399)11 969(84 378)76 143
 
CASH FLOW
Net Cash Flows from Operating Activities(21 692)20 8886 1409 213
Net Cash Flows from Investing Activities28 660(9 858)(7 673)7 146
Cash & Cash Equivalents at End of Year65 73258 95848 53156 721
 
UIFW EXPENDITURE
Unauthorised Expenditure----
Irregular Expenditure156 449---
Fruitless & Wasteful Expenditure4 982312617-
 
HUMAN RESOURCES
Posts Approvedn/an/an/an/a
Posts Filledn/an/an/an/a
 
SourcesAnnual ReportAnnual Report n/a Annual Report

Subsidiaries

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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