National Housing Finance Corporation SOC Ltd (NHFC)

Contact Details

Physical: Old Trafford 3, The Isle of Houghton, 11 Boundary Road, Houghton, Johannesburg
Postal: PO Box 31376, Braamfontein, 2017
Tel: 011 644 9800
Fax: 011 484 0204
Web:

Overview

The mission of the National Housing Finance Corporation SOC Ltd (NHFC) is to provide innovative and affordable housing finance solutions to the low-to-middle income housing market.

The Corporation's strategic objectives are to: expand housing finance activities, through the effective provision of housing finance solutions, thus enabling low-to-middle income households to have the choice of renting or owning, or incrementally building, to meet their housing needs; facilitate the increased and sustained lending by financial institutions to the affordable housing market; mobilise funding into the human settlement space, on a sustainable basis, in partnership with the broadest range of institutions; conduct the business activities of the NHFC in a manner that ensures the continued economic sustainability of the NHFC, while promoting lasting social, ethical and environmental development; and stimulate the low-to-middle income housing sector, by providing robust, relevant and timely research and market analysis to practitioners and housing customers.

Office Bearers/Management

Chairperson
Prof M Katz
Chief Executive Officer
Mr S Moraba

Chairperson:
Prof Michael Katz
Board Members:
Ms Thembi Chiliza
Mr Johan Coetzee
Mr Enoch Godongwana
Mr Adrian Harris
Ms Anthea Houston
Mr Sango Ntsaluba
Ms Phekane Ramarumo
Mr Khehla Shubane
Mr Sizwe Tati
Chief Executive Officer:
Mr Samson Moraba
Chief Financial Officer:
Ms Zonia Adams
Senior Management:
Mr Andrew Higgs (Company Secretary)
Mr Lawrence Lehabe (Executive Manager: Lending)
Mr Zola Lupondwana (Executive Manager: Credit)
Ms Mandu Mamatela (Executive Manager: Strategy)
Mr Siegfried Mogane (Executive Manager: Corporate Support Services)
Ms Nomsa Ntshingila (Executive Manager: Human Resources)
Communications Officers:
Ms Maluleke Masego

Financial Information

All Financial Values: R'0002015/162014/152013/142012/13
 
AUDIT OUTCOMEClean AuditClean AuditClean AuditClean Audit
 
FINANCIAL POSITION
Current Assets1 219 0881 141 9451 041 0331 882 875
Non-Current Assets1 923 3192 186 4712 081 0021 733 732
Total Assets3 142 4073 328 4163 122 0353 616 607
Current Liabilities58 261190 209155 068301 406
Non-Current Liabilities328 243488 974561 303913 490
Total Liabilities386 504679 183716 3711 214 896
Total Net Assets2 755 9032 649 2332 405 6642 401 711
 
FINANCIAL PERFORMANCE
Total Revenue376 521448 681255 706227 206
Revenue from Exchange Transactionsn/an/an/an/a
Revenue from Non-Exchange Transactionsn/an/an/an/a
Total Expenditure(398 376)(435 112)(245 185)(218 417)
Employee Costs(25 867)(85 090)(49 264)n/a
Surplus/(Deficit) for Year(21 855)13 56910 5218 789
 
CASH FLOW
Net Cash Flows from Operating Activities141 55227 418(291 699)(93 612)
Net Cash Flows from Investing Activities(141 354)(191 715)886 09311 766
Cash & Cash Equivalents at End of Year344 570430 077433 918350 919
 
UIFW EXPENDITURE
Unauthorised Expenditure----
Irregular Expenditure----
Fruitless & Wasteful Expenditure----
 
HUMAN RESOURCES
Posts Approvedn/an/an/an/a
Posts Filled9273116n/a
 
SourcesAnnual ReportAnnual ReportAnnual Report n/a
NoteNot audited by AGSA. Independent Audit Report. Not audited by AGSA. Independent Audit Report.Not audited by AGSA. Independent Audit Report.Not audited by AGSA. Independent Audit Report.

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.
FNB Public Sector Banking
Human Resource Development Council of South Africa
International Pre-University College
Applied Satellite Technology Systems
Railway Safety Regulator