BOOKMARKS
ECONOMIC SERVICES & INFRASTRUCTURE DEVELOPMENT
OVERVIEW
2019/20
2018/19
2017/18
Clean Audit
Clean Audit
Clean Audit
R’000
R’000
R’000
4 506
10 174
11 887
2 319
2 023
1 762
6 825
12 197
13 649
2 947
1 684
1 846
-
-
-
Total Liabilities
2 947
1 684
1 846
OFFICE BEARERS
Total Net Assets
3 878
10 513
11 804
Chairperson: Dr Mohamed Alli Chicktay Tribunal Members: Adv Ishara Bodasing, Prof Piet Delport, Ms Lucia
Total Revenue
19 781
19 091
18 474
743
819
1 259
19 037
18 272
17 215
Total Expenditure
(26 416)
(20 381)
(21 737)
Employee Costs
(16 755)
(11 692)
(12 333)
(6 635)
(1 290)
(3 263)
The mission of the Companies Tribunal is to adjudicate applications made in terms of Section 195 of the Companies Act (2008) and make orders in respect of such applications, and to facilitate the resolution of companies disputes through conciliation, mediation and arbitration. The Tribunal’s mandate is to: adjudicate in relation to any application that may be made to it in terms of the Act and make any order provided for in the Act in respect of any such application; assist in the resolution of disputes; and perform any other function assigned to it by or in terms of the Act.
Glass, Mr Khashane Manamela, Mrs Matshego Ramagaga, Mr Lindelani Sikhitha, Ms Khatija Tootla, Ms Bongekile Zulu Registrar: Mr Selby Magwasha Chief Financial Officer: Ms Irene Mathatho Chief Operations Officer: Ms Maletlatsa Monica Ledingwane Senior Management: Mr Simukele Khoza (Manager: Communications and Marketing) Communications Officers: Ms Charmaine Galloway (Executive Support), Mr Dumisani Mthalane (Communications and Marketing Officer)
FINANCIAL INFORMATION* AUDIT OUTCOME FINANCIAL POSITION Current Assets Non-Current Assets Total Assets Current Liabilities Non-Current Liabilities
FINANCIAL PERFORMANCE Exchange Transactions Non-Exchange Transactions
Surplus/(Deficit) for Year
CASH FLOW Operating Activities
(50 100)
(1 102)
(2 373)
Investing Activities
(584)
(521)
(1 200)
Cash & Equivalents – Year End
4 202
9 866
11 509
3
-
-
2017/18
UIFW EXPENDITURE**
2019/20
2018/19
Posts Approved
HUMAN RESOURCES
14
15
15
Posts Filled
13
12
13
COMPETITION COMMISSION CONTACT DETAILS PHYSICAL: The dti Campus, Mulayo (Block C), 77 Meintjies Street, Sunnyside, Pretoria
POSTAL: Private Bag X23, Lynwood Ridge, 0040 TEL: 012 394 3200 / 3320 WEB: www.compcom.co.za EMAIL: ccsa@compcom.co.za
OVERVIEW
OFFICE BEARERS
The Competition Commission is empowered by the Competition Act to investigate, control and evaluate restrictive business practices, abuse of dominant positions and mergers in order to achieve equity and efficiency in the South African economy. Its purpose is to promote and maintain competition in South Africa in order to: promote the efficiency, adaptability and development of the economy; provide consumers with competitive prices and product choices; promote employment and advance the social and economic welfare of South Africans; expand opportunities for South African participation in world markets and recognise the role of foreign competition in the country; ensure that small- and medium-sized enterprises have an equitable opportunity to participate in the economy; and promote a greater spread of ownership, in particular to increase the ownership stakes of historically disadvantaged persons. To achieve its purpose, the Commission’s core functions are the following: implement measures to increase market transparency; implement measures to develop public awareness of the provisions of the Act; investigate and evaluate alleged anti-competitive conduct; conduct formal inquiry in respect of the general state of competition in a market; grant or refuse applications for exemption from the application of the Act; authorise, with or without conditions, prohibit or refer mergers of which it receives notice; negotiate and conclude consent orders; refer matters to the Competition Tribunal of South Africa (the Tribunal) and appear before the Tribunal when required; negotiate agreements with any regulatory authority to coordinate and harmonise the exercise of jurisdiction over competition matters within the relevant industry or sector, and ensure the consistent application of the principles of the Act; participate in the proceedings of any regulatory authority; advise and receive advice from any regulatory authority; review legislation and public regulations, and report to the Minister concerning any provision that permits uncompetitive behaviour; and deal with any other matter referred to it by the Tribunal.
Commissioner: Mr Tembinkosi Bonakele Deputy Commissioner: Mr Hardin Ratshisusu Chief Financial Officer: Mr Amos Moledi Senior Management: Ms Thembalethu Buthelezi (Acting Divisional Manager: Market Conduct), Mr Andile Gwabeni (Divisional Manager: Corporate Services and Human Capital), Mr James Hodge (Chief Economist; Divisional Manager: Economic Research Bureau; and Acting Deputy Commissioner), Mr Bukhosibakhe Majenge (Divisional Manager: Legal Services: and Acting Deputy Commissioner), Mr Makgale Mohlala (Divisional Manager: Cartels), Mr Amos Moledi (Corporate Services Division), Mr Mduduzi Msibi (Company Secretary), Ms Nompucuko Nontombana (Divisional Manager: Market Conduct), Ms Tamara Paremoer (Divisional Manager: Mergers and Acquisitions), Ms Khanyisa Qobo (Divisional Manager: Advocacy), Ms Mapato Ramokgopa (Acting Divisional Manager: Office of the Commissioner) Communications Officers: Mr Siyabulela Makunga (Head: Communication / Spokesperson)
FINANCIAL INFORMATION* AUDIT OUTCOME FINANCIAL POSITION Current Assets Non-Current Assets Total Assets Current Liabilities Non-Current Liabilities
2019/20
2018/19
2017/18
Clean Audit
Clean Audit
Financially Unqualified
R’000
R’000
R’000
52 866
42 468
73 746
19 571
22 791
25 445
72 437
65 259
99 191
44 212
73 974
133 063
-
-
861
Total Liabilities
44 212
73 974
133 294
Total Net Assets
28 225
(8 715)
(34 733)
Refer to p9 for more information on sources, methodology and definitions. *Refer to nationalgovernment.co.za for a copy of the full Annual Report. **Total of Unauthorised, Irregular, Fruitless & Wasteful Expenditure.
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