Independent Development Trust (IDT)

Contact Details

Physical: Glenwood Office Park, Cnr Oberon & Sprite Streets, Faerie Glen, Pretoria, 0043
Postal: PO Box 73000, Lynnwood Ridge, 0043
Tel: 012 845 2000
Fax: 012 348 0939
Web:

Overview

The mission of the Independent Development Trust (IDT) is to manage and deliver integrated social infrastructure programmes on behalf of government on time, cost-effectively and through a people-centred approach.

The IDT is a schedule 2 state-owned entity that manages the implementation and delivery of critically needed social infrastructure and social development programmes on behalf of the South African government. The IDT reports to the Minister of Public Works, who is the executive authority and the shareholder representative. The IDT’s national office is located in Pretoria, and has provincial offices in the country’s nine provinces.

The IDT was established in 1990 and was allocated a grant of R2 billion by government to support education, housing, health services and business development projects in previously disadvantaged and mainly rural areas. After 1999, the IDT was reconfigured and listed as a schedule 2 programme implementation agency as prescribed by the Public Finance Management Act (PFMA) 1 of 1999. From 1999 to date, the organisation has delivered approximately R27,4 billion worth of social infrastructure and social development programmes across the country.

Office Bearers/Management

Chairperson
Prof S Fikeni
Chief Executive Officer
Mr C Pakade

Chairperson:
Prof Somadoda Fikeni
Deputy Chairperson:
Ms Nomvula Rakolote
Board Members:
Mr Theo Adams
Mr Siyaduma Biniza
Ms Seipaiti Boulton (Chairperson: Audit and Risk Committee)
Ms Andani Makhado
Ms Matshidiso Matloa
Mr Tlhose Motswaledi
Ms Phelisa Nkomo
Mr Rashid Patel
Dr Lulama Zitha
Mr Zakhele Alex Tummy Zitha
Dr Gcwalisile Cynthia Zulu-Kabanyane
Chief Executive Officer:
Mr Coceko Pakade
Chief Financial Officer:
Ms Nicky Mogorosi
Chief Operations Officer:
Mr Ayanda Wakaba
Senior Management:
Ms Nonhlanhla Khumalo (KwaZulu-Natal Regional General Manager)
Mr Mqondiso Makupula (Eastern Cape Regional General Manager)
Ms Tebogo Malaka (Gauteng Regional General Manager)
Mr Bali Mamabolo (Limpopo Regional General Manager)
Dr Hlamalani Nelly Manzini (Mpumalanga Regional General Manager)
Ms Yvonne Mbane (Executive: Corporate Services Unit)
Mr Bongani Mfeka (Acting Western Cape Regional General Manager)
Ms Patience Mokhali (Northern Cape Regional General Manager)
Mr Tseliso James Mokhethi (Free State Regional General Manager)
Dr Cornelius Ruiters (Executive: Programme Management Services Unit)
Communications Officers:
Thabisile Dhlomo (Media Relations Manager)
Mr Mzolisi Fukula (Senior Manager: Executive Support Office of the CEO)
Lesego Mashigo (Senior Manager: Communication and Marketing)

Financial Information

All Financial Values: R'0002015/162014/152013/142012/13
 
AUDIT OUTCOMEDisclaimerDisclaimerQualifiedFinancially Unqualified
 
FINANCIAL POSITION
Current Assets1 017 2771 311 2732 145 692234 934
Non-Current Assets328 882715 88356 22072 364
Total Assets1 346 1592 027 1562 201 912307 298
Current Liabilities999 3171 612 0051 849 37082 729
Non-Current Liabilities8301 2911 660503
Total Liabilities1 000 1481 613 2961 851 03083 232
Total Net Assets346 011413 860350 882224 066
 
FINANCIAL PERFORMANCE
Total Revenue288 437423 467522 509258 654
Revenue from Exchange Transactions238 437391 531422 509n/a
Revenue from Non-Exchange Transactions50 00050 000100 000n/a
Total Expenditure(356 286)(334 969)(402 885)(369 650)
Employee Costs(216 142)(212 494)(222 582)(220 760)
Surplus/(Deficit) for Year(67 849)88 498119 625(110 996)
 
CASH FLOW
Net Cash Flows from Operating Activities70 704(71 941)22 951(151 183)
Net Cash Flows from Investing Activities(74 606)104 794(12 570)109 265
Cash & Cash Equivalents at End of Year43 15647 48515 2313 472
 
UIFW EXPENDITURE
Unauthorised Expenditure----
Irregular Expenditure6 07514 98121 215-
Fruitless & Wasteful Expenditure4 89125370708
 
HUMAN RESOURCES
Posts Approved441441n/an/a
Posts Filled355350n/an/a
 
SourcesAnnual ReportAnnual ReportAnnual Report n/a

Overseeing Department/Entity

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@nationalgovernment.co.za so that we can correct them.
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