State Diamond Trader

Contact Details

Physical: Jewel City, 225 Main Street, Marshalltown, Johannesburg, 2001
Postal: PO Box 61212, Marshalltown, 2107
Tel: 011 334 2691
Fax: 011 334 1540
Web:

Overview

The mission of the State Diamond Trader SOC Ltd is to: ensure acquisition of and equitable access to rough diamonds, with particular focus on Historically Disadvantaged South Africans (HDSAs); promote the growth of the industry through relevant interventions; and establish and maintain a transformed client base of local diamond beneficiators.

The State Diamond Trader's main business is to buy and sell rough diamonds in order to promote equitable access to and beneficiation of diamond resources. Its main aim is to address distortions in the diamond industry and correct historical market failures to develop and grow South Africa's diamond cutting and polishing industry.

Office Bearers/Management

Chairperson
Mr M Carstens
Chief Executive Officer
Ms P Zikalala Mvelase

Chairperson:
Mr MJ Carstens
Deputy Chairperson:
n/a
Board Members:
Mr G Du Plessis
Mr I Goondiwalla
Mr MW Mabapa
Dr M Matlou
Ms M McMaster
Mr KJ Menoe
Ms N Mokoena
Mr F Mokoena
Mr SM Motloung
Chief Executive Officer:
Ms PN Zikalala Mvelase
Chief Financial Officer:
Ms N Danisa
Chief Operations Officer:
n/a
Senior Management:
Mr N Mabaso (HR Manager)
Ms N Sibeko (Legal Officer and Company Secretary)
Mr C Van Der Ross (Sales Manager)
Communications Officers:
Daleen Marais (Head: Communications)

Financial Information

All Financial Values: R'0002015/162014/152013/142012/13
 
AUDIT OUTCOMEFinancially UnqualifiedClean AuditFinancially UnqualifiedClean Audit
 
FINANCIAL POSITION
Current Assets47 08049 75153 04945 111
Non-Current Assets1 0711 3701 6101 840
Total Assets48 15151 12254 65946 951
Current Liabilities2 0371 9424 304866
Non-Current Liabilities----
Total Liabilities2 0371 9424 304866
Total Net Assets46 11449 18050 35546 085
 
FINANCIAL PERFORMANCE
Total Revenue465 628400 694560 679421 288
Revenue from Exchange Transactions461 837396 373556 4078 181
Revenue from Non-Exchange Transactions3 7914 3214 272411 463
Total Expenditure(468 695)(401 869)(556 409)(416 101)
Employee Costs(9 776)(7 253)n/an/a
Surplus/(Deficit) for Year(3 067)(1 175)4 2705 186
 
CASH FLOW
Net Cash Flows from Operating Activities(1 335)(22 640)21 997(7 086)
Net Cash Flows from Investing Activities-(47)(239)(159)
Cash & Cash Equivalents at End of Year22 44423 77946 46624 707
 
UIFW EXPENDITURE
Unauthorised Expenditure----
Irregular Expenditure75-234-
Fruitless & Wasteful Expenditure----
 
HUMAN RESOURCES
Posts Approvedn/an/an/an/a
Posts Filled1720n/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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