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'0002016/172015/162014/152013/14
 
AUDIT OUTCOMEClean AuditClean AuditClean AuditClean Audit
 
FINANCIAL POSITION
Current Assetsn/a1 219 0881 141 9451 041 033
Non-Current Assetsn/a1 923 3192 186 4712 081 002
Total Assetsn/a3 142 4073 328 4163 122 035
Current Liabilitiesn/a58 261190 209155 068
Non-Current Liabilitiesn/a328 243488 974561 303
Total Liabilitiesn/a386 504679 183716 371
Total Net Assetsn/a2 755 9032 649 2332 405 664
 
FINANCIAL PERFORMANCE
Total Revenuen/a376 521448 681255 706
Revenue from Exchange Transactionsn/an/an/an/a
Revenue from Non-Exchange Transactionsn/an/an/an/a
Total Expendituren/a(398 376)(435 112)(245 185)
Employee Costsn/a(25 867)(85 090)(49 264)
Surplus/(Deficit) for Yearn/a(21 855)13 56910 521
 
CASH FLOW
Net Cash Flows from Operating Activitiesn/a141 55227 418(291 699)
Net Cash Flows from Investing Activitiesn/a(141 354)(191 715)886 093
Cash & Cash Equivalents at End of Yearn/a344 570430 077433 918
 
UIFW EXPENDITURE
Unauthorised Expendituren/a---
Irregular Expendituren/a---
Fruitless & Wasteful Expendituren/a---
 
HUMAN RESOURCES
Posts Approvedn/an/an/an/a
Posts Filledn/a9273116
 
Sources n/a Annual ReportAnnual ReportAnnual Report
NoteNot 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


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