National Energy Regulator of South Africa (NERSA)

Contact Details

Physical: Kulawula House, 526 Madiba Street, Arcadia, Pretoria
Postal: PO Box 40343, Arcadia, 0007
Tel: 012 401 4600
Fax: 012 401 4700
Web:

Overview

The mission of the National Energy Regulator of South Africa (NERSA) is to regulate the energy industry in accordance with government laws, policies, standards and international best practices in support of sustainable development.

NERSA's strategic objectives are to: implement relevant energy policy efficiently and effectively; implement relevant energy law efficiently and effectively; implement relevant energy regulations efficiently and effectively; identify, develop and implement relevant energy rules efficiently and effectively; establish the credibility, legitimacy and sustainability of NERSA as an independent and transparent energy regulator; create an effective organisation that delivers on its mandate and purpose; and evaluate the Energy Regulator's effectiveness.

Office Bearers/Management

Chairperson
Mr J Modise
Chief Executive Officer
Mr C Forlee

Chairperson:
Mr Jacob Modise
Deputy Chairperson:
Ms Maleho Nkomo
Regulator Members:
Mr Yusuf Adam
Mr Christopher Forlee (CEO)
Ms Nomfundo Maseti
Ms Khomotso Ramasela Mthimunye
Mr Mbulelo Ncetezo
Mr Fungai Sibanda
Chief Executive Officer:
Mr Christopher Forlee
Chief Financial Officer:
Mr Nthupheni Ragimana (Acting)
Senior Management:
Masesi Malope (Chief Audit Executive)
Paseka Nku (Chief Human Capital Officer)
Mr Dennis Seemela (Acting Executive Manager: Electricity Regulation)
Nomalanga Sithole (Executive Manager: Corporate Services)
Communications Officers:
Mr Charles Hlebela (Head: Communications)

Financial Information

All Financial Values: R'0002015/162014/152013/142012/13
 
AUDIT OUTCOMEClean AuditClean AuditClean AuditFinancially Unqualified
 
FINANCIAL POSITION
Current Assets216 868172 451118 177104 157
Non-Current Assets58 06357 44961 18843 544
Total Assets274 931229 900179 365147 701
Current Liabilities42 38351 70045 13325 526
Non-Current Liabilities----
Total Liabilities42 38351 70045 13325 526
Total Net Assets232 548178 199134 232122 175
 
FINANCIAL PERFORMANCE
Total Revenue314 657296 280231 490209 046
Revenue from Exchange Transactions9 5206 017n/an/a
Revenue from Non-Exchange Transactions305 137290 263n/an/a
Total Expenditure(260 309)(252 313)(227 175)(198 370)
Employee Costs(165 250)(158 240)(138 572)(121 839)
Surplus/(Deficit) for Year54 34943 9674 31510 677
 
CASH FLOW
Net Cash Flows from Operating Activities33 83954 36029 0147 355
Net Cash Flows from Investing Activities(5 468)(3 944)(15 187)(6 103)
Cash & Cash Equivalents at End of Year176 680148 30897 89184 064
 
UIFW EXPENDITURE
Unauthorised Expenditure----
Irregular Expenditure-1 704653 108
Fruitless & Wasteful Expenditure1 134-51
 
HUMAN RESOURCES
Posts Approved180180180n/a
Posts Filled166167171n/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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