Compensation Fund

Contact Details

Physical: Compensation House, Cnr Hamilton & Soutpansberg Streets, Arcadia, Pretoria
Postal: PO Box 955, Pretoria, 0001
Tel: 012 319 9163 / 012 306 5843 / 086 010 5350
Web:

Overview

The mission of the Compensation Fund is to provide efficient, quality, client-centric and accessible Compensation for Occupational Injuries and Diseases (COID) services; sustain financial viability; and be an organisation that takes care of the needs of its staff to ensure effective service delivery.

The Fund's strategic objectives are to provide effective and efficient client-orientated support services; and faster, reliable and accessible COID services by 2020.

Office Bearers/Management

Commissioner
Mr V Mafata

Commissioner:
Mr Vuyo Mafata
Chief Financial Officer:
Mr Thando Headbush (Acting)
Senior Management:
Ms Boitumelo Gumbu (Director: Internal Audit)
Ms Rebecca Kgantsi (Director: Supply Chain Management)
Mr Linda Kotta (Director: Financial Reporting)
Mr Madimetja Ledwaba (Director: Organisational Effectiveness)
Mr Madimetja Ledwaba (Acting Chief Director: Corporate Support)
Ms Pindile Makhubu (Director: Human Resource Management)
Mr Xola Mnene (Director: Customer Care)
Ms Katlego Mocwiri (Director: Risk Management)
Adv William Mogashoa (Legal Officer)
Mr Maitswe Molotsi (Director: Income)
Mr AK Pillay (Director: Office of the Commissioner)
Mr Vishalin Pillay (Acting Business Relations Manager)
Ms Pinkie Sihlangu (Director: Compensation)
Communications Officers:
Ms Hlonitshwa Mpaka (Director: Communication and Stakeholder Management)

Financial Information

All Financial Values: R'0002015/162014/152013/142012/13
 
AUDIT OUTCOMEDisclaimerDisclaimerDisclaimerDisclaimer
 
FINANCIAL POSITION
Current Assets20 023 67615 370 93715 001 86115 832 751
Non-Current Assets36 626 60537 811 87027 830 41215 832 751
Total Assets56 650 28153 182 80742 832 27339 857 735
Current Liabilities6 996 9185 520 9924 736 9663 241 805
Non-Current Liabilities27 731 19124 446 04121 580 44314 281 480
Total Liabilities34 728 10929 967 03326 317 40917 523 285
Total Net Assets21 922 17223 215 77416 514 86422 334 450
 
FINANCIAL PERFORMANCE
Total Revenue11 355 27111 862 41910 033 70611 292 215
Revenue from Exchange Transactions3 680 1673 317 9612 789 74119 141
Revenue from Non-Exchange Transactions7 675 1048 544 4587 243 96511 273 074
Total Expenditure(9 364 033)(8 047 089)(14 846 352)(2 822 891)
Employee Costs(494 193)(410 077)(407 371)(306 905)
Surplus/(Deficit) for Year1 991 2383 815 330(5 819 591)8 147 874
 
CASH FLOW
Net Cash Flows from Operating Activities5 057 2455 453 5156 113 4976 412 062
Net Cash Flows from Investing Activities(5 004 471)(5 542 287)(7 092 198)(5 714 341)
Cash & Cash Equivalents at End of Year87 39835 554119 9351 092 748
 
UIFW EXPENDITURE
Unauthorised Expenditure----
Irregular Expenditure6 596414 099-658 467
Fruitless & Wasteful Expenditure403 80817 2926130
 
HUMAN RESOURCES
Posts Approved690690690n/a
Posts Filled592597517n/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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