Gauteng Infrastructure Financing Agency (GIFA)

Contact details

Physical: 2nd Floor, 82 Grayston Drive, Sandton, Johannesburg, 2017
Postal: PO Box 650780, Benmore, 2010
Tel: 011 290 6600/1
Fax: 011 290 6700
Web: www.gifa.co.za
Email: info@gifa.co.za

Overview

The vision of the Gauteng Infrastructure Financing Agency (GIFA) is to ensure alternative funding for Gauteng’s strategic infrastructure projects. The Agency's value proposition is to provide a one-stop service to convert project concepts to bankable proposals, and in collaboration with project owners and the Provincial Treasury, the GIFA will support public institutions in the Gauteng province to perform project preparation and facilitate innovative financing solutions.

The Agency's strategic goals are to: ensure that the GPG develops infrastructure projects to bankable proposals, which will attract funding from various sources; become a centre of excellence that applies various funding models for infrastructure financing solutions; establish a network of investor partnerships and build investor confidence in the GPG initiated projects; ensure efficient and economic contracting for infrastructure projects in a manner that realises the socio-economc benefits of the GPG.

Office Bearers/Management

CEO:
Mr Oupa Seabi
CFO:
Mr Victor Molate (Acting)
Senior Management:
Mr Kevin Abrahams (Project Manager)
Ms Marilyn Hamilton (Manager: Monitoring and Evaluation)
Mr Li-pei Huang (Manager: Project Finance)
Mr Wenroh Jubber (Director: Human Resource and Auxiliary Services)
Ms Liesel Lombard (Manager: PPP and Compliance)
Ms Diedre Londt (Head: Corporate Services)
Tsakani Maluleke (Director: Human Resource and Auxiliary Services)
Mr Eamon Marias (Project Manager)
Mr Vuyisile Mtembu (Senior Structured Finance Specialist)
Ms Noxolo Mtembu (Project Manager)
Mr Nathaniel Munetsi (Head: Structured Finance)
Mr Kemraj Ojageer (Head: Project Development)
Mr Lebogang Tladinyane (Head: Strategy, Monitoring and Evaluation)
Communications Officers:
Mr Aubrey Kitime (Head: Communications and Stakeholder Relations Management)

Financial Information

All Financial Values: R'0002016/172015/162014/152013/14
 
AUDIT OUTCOMEClean AuditClean AuditFinancially UnqualifiedClean Audit
 
FINANCIAL POSITION
Current Assetsn/a129 00694 03476 337
Non-Current Assetsn/a5 03311 3498 169
Total Assetsn/a134 039105 38384 506
Current Liabilitiesn/a3 6392 40813 843
Non-Current Liabilitiesn/a94 613133127
Total Liabilitiesn/a98 2522 54113 790
Total Net Assetsn/a134 039102 84270 536
 
FINANCIAL PERFORMANCE
Total Revenuen/a50 85179 95550 950
Revenue from Exchange Transactionsn/a5 8514 955950
Revenue from Non-Exchange Transactionsn/a45 00075 00050 000
Total Expendituren/a(40 219)(47 678)(45 036)
Employee Related costsn/a(16 567)(13 861)(12 787)
Surplus/(Deficit) for Yearn/a10 63232 2775 914
 
CASH FLOW
Net Cash Flows from Operating Activitiesn/a34 71015 78213 514
Net Cash Flows from Investing Activitiesn/a(705)(433)(2 480)
Cash & Cash Equivalents at End of Yearn/a120 68591 61976 270
 
UIFW EXPENDITURE
Unauthorised Expendituren/a---
Irregular Expendituren/a-13 156-
Fruitless & Wasteful Expendituren/a---
 
HUMAN RESOURCES
Posts Approvedn/an/an/a30
Posts Filledn/an/an/a18
 
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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