National Regulator for Compulsory Specifications (NRCS)

Contact Details

Physical: SABS Campus, 1 Dr Lategan Road, Groenkloof, Pretoria
Postal: Private Bag X25, Brooklyn, 0075
Tel: 012 482 8700
Web:

Overview

The National Regulator for Compulsory Specifications (NRCS) is an entity of the Department of Trade and Industry established to administer compulsory specifications and other technical regulations with the view to protect human health, safety and the environment, and to ensure fair trade in accordance with government policies and guidelines.

The vision of the NRCS is to be a credible and respected regulator for the protection of the public, the economy and the environment. Its mission is to develop compulsory specifications and technical regulations, and maximise compliance of regulated products and services.

The NRCS' strategic objectives are: to be an effective and efficient regulatory system that is responsive to the environment in which we operate in order to protect the public; full compliance with compulsory specifications / technical regulations; recognition and awareness of the NRCS; and sound, effective and efficient organisational governance.

The broad mandate of the NRCS is to promote public health, safety and environmental protection through the development and enforcement of compulsory specifications / technical regulations. While consumer protection lies at the heart of the activities of the NRCS, this function cannot be separated from South Africa’s role as a global trading partner. South African goods and services need to be competitive in terms of cost and quality and, at the same time, be guaranteed to be safe and fit for their purpose. The mandate of the NRCS is derived from the following legislation: the National Regulator for Compulsory Specifications Act 5 of 2008 as amended; the Legal Metrology Act 9 of 2014; and the National Building Regulations and Building Standards Act 103 of 1977(NBR&BS Act).

Office Bearers/Management

Chief Executive Officer
Mr A Moodley

Chief Executive Officer:
Mr A Moodley
Chief Financial Officer:
Reshma Mathura
Senior Management:
Mr Marks Thibela (DCEO)
Communications Officers:
Ms Mirriam Moswaane (Head: Communications and Marketing)

Financial Information

All Financial Values: R'0002015/162014/152013/142012/13
 
AUDIT OUTCOMEQualifiedQualifiedQualifiedFinancially Unqualified
 
FINANCIAL POSITION
Current Assets221 178230 313165 153130 387
Non-Current Assets29 69718 11919 63619 877
Total Assets250 876248 431184 790150 264
Current Liabilities38 19043 95634 62843 153
Non-Current Liabilities28 82422 22920 32820 025
Total Liabilities67 01366 18554 95563 178
Total Net Assets183 862182 246129 83487 085
 
FINANCIAL PERFORMANCE
Total Revenue293 345319 119290 843261 739
Revenue from Exchange Transactions47 41142 11353 36338 143
Revenue from Non-Exchange Transactions248 122277 790243 812223 596
Total Expenditure(308 311)(278 512)(245 959)(224 106)
Employee Costs(239 843)(217 186)(178 279)(148 486)
Surplus/(Deficit) for Year1 61652 41244 88337 633
 
CASH FLOW
Net Cash Flows from Operating Activities5 58057 04234 06563 857
Net Cash Flows from Investing Activities(12 403)(1 273)(2 461)(2 438)
Cash & Cash Equivalents at End of Year199 847206 669150 943119 413
 
UIFW EXPENDITURE
Unauthorised Expenditure----
Irregular Expenditure1097 2925 83033 179
Fruitless & Wasteful Expenditure531242510
 
HUMAN RESOURCES
Posts Approved322324325-
Posts Filled300302293-
 
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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