Trans-Caledon Tunnel Authority (TCTA)

Contact Details

Physical: Tuinhof Building, Ground Floor, Stinkhout Building, 265 West Avenue, Centurion
Postal: PO Box 10335, Centurion, 0046
Tel: 012 683 1200
Fax: 012 683 1361
Web:

Overview

The mission of the Trans-Caledon Tunnel Authority (TCTA) is to facilitate water security through the planning, financing and implementation of bulk raw water infrastructure, in the most cost-effective manner for the benefit of water users.

The TCTA was originally established as a special purpose vehicle to fulfil South Africa’s treaty obligations in respect of the Lesotho Highlands Water Project. Its establishment was in line with government policy and practice to seek off-balance-sheet funding options for infrastructure projects, which can recover their costs through the end-user tariffs. The purpose of constructing works off-budget is twofold: to ensure that the cost of the infrastructure is paid for by the benefitting end consumer and not by the entire tax base; and to reduce government borrowing requirements.

Office Bearers/Management

Chairperson
Ms M Hlahla
Chief Executive Officer
Mr L Radzuma

Chairperson:
Ms Monhla Hlahla
Deputy Chairperson:
Mr JRD Modise
Board Members:
Mr Muziwandile Msizi Chonco
Dr J Ellman
Mr S Khondlo
Ms S Makhathini
Ms Z Manase
Ms Tshepiso Moahloli
Mr Roopa
Chief Executive Officer:
Mr Leonard Radzuma (Acting CEO and Chief Risk Officer)
Chief Financial Officer:
Ms Halima Nazeer
Chief Operations Officer:
Ms Jeanette Nhlapo
Senior Management:
Ms Carina Bleeker (Executive Manager: Enterprise-Wide Support Services)
Mr Ola Busari (Executive Manager: Knowledge Management)
Mr Johann Claassens (Executive Manager: Project Management and Implementation)
Ms Lahlane Mnisi (Company Secretary and Executive Manager: Governance)
Communications Officers:
Itumaleng Mabena (Head: Communications)

Financial Information

All Financial Values: R'0002016/172015/162014/152013/14
 
AUDIT OUTCOMEFinancially UnqualifiedFinancially UnqualifiedFinancially UnqualifiedFinancially Unqualified
 
FINANCIAL POSITION
Current Assetsn/a5 759 0009 636 0007 180 000
Non-Current Assetsn/a24 941 00023 423 00024 531 000
Total Assetsn/a30 700 00033 059 00031 711 000
Current Liabilitiesn/a3 146 0003 795 0003 314 000
Non-Current Liabilitiesn/a27 192 00027 180 00026 123 000
Total Liabilitiesn/a30 338 00030 975 00029 437 000
Total Net Assetsn/a362 0002 084 0002 274 000
 
FINANCIAL PERFORMANCE
Total Revenuen/a5 425 0005 453 0005 025 000
Revenue from Exchange Transactionsn/an/an/an/a
Revenue from Non-Exchange Transactionsn/an/an/an/a
Total Expendituren/a(7 147 000)(5 643 000)(6 670 000)
Employee Costsn/a(76 000)(146 000)(132 000)
Surplus/(Deficit) for Yearn/a(1 722 000)(190 000)(1 645 000)
 
CASH FLOW
Net Cash Flows from Operating Activitiesn/a340 000(54 000)277 000
Net Cash Flows from Investing Activitiesn/a(274 000)(295 000)(58 000)
Cash & Cash Equivalents at End of Yearn/a1 000--
 
UIFW EXPENDITURE
Unauthorised Expendituren/a---
Irregular Expendituren/a1 06411 0234 934
Fruitless & Wasteful Expendituren/a36 4312 27361
 
HUMAN RESOURCES
Posts Approvedn/a182175180
Posts Filledn/a147144146
 
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


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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