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'0002016/172015/162014/152013/14
 
AUDIT OUTCOMEClean AuditFinancially UnqualifiedClean AuditFinancially Unqualified
 
FINANCIAL POSITION
Current Assetsn/a47 08049 75153 049
Non-Current Assetsn/a1 0711 3701 610
Total Assetsn/a48 15151 12254 659
Current Liabilitiesn/a2 0371 9424 304
Non-Current Liabilitiesn/a---
Total Liabilitiesn/a2 0371 9424 304
Total Net Assetsn/a46 11449 18050 355
 
FINANCIAL PERFORMANCE
Total Revenuen/a465 628400 694560 679
Revenue from Exchange Transactionsn/a461 837396 373556 407
Revenue from Non-Exchange Transactionsn/a3 7914 3214 272
Total Expendituren/a(468 695)(401 869)(556 409)
Employee Costsn/a(9 776)(7 253)n/a
Surplus/(Deficit) for Yearn/a(3 067)(1 175)4 270
 
CASH FLOW
Net Cash Flows from Operating Activitiesn/a(1 335)(22 640)21 997
Net Cash Flows from Investing Activitiesn/a-(47)(239)
Cash & Cash Equivalents at End of Yearn/a22 44423 77946 466
 
UIFW EXPENDITURE
Unauthorised Expendituren/a---
Irregular Expendituren/a75-234
Fruitless & Wasteful Expendituren/a---
 
HUMAN RESOURCES
Posts Approvedn/an/an/an/a
Posts Filledn/a1720n/a
 
Sources n/a Annual ReportAnnual ReportAnnual 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.
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