Technology Innovation Agency (TIA

CONTACT DETAILS

PHYSICAL: Ground Floor, Block B, Lakefield Office Park, 272 West Avenue, Cnr West & Lenchen North, Centurion POSTAL: Private Bag X110, Centurion, 0046 TEL: 012 683 8140 / 012 742 9900 FAX: 012 663 5693 WEB: www.thenct.org.za EMAIL: Registry@thenct.org.za

OVERVIEW

The National Consumer Tribunal (NCT) was established in terms of the National Credit Act, No. 34 of 2005 (the Act). As an independent adjudicative entity, the Tribunal’s mandate is to hear and decide on cases involving consumers, service providers, credit providers, debt counsellors and credit bureaux. The NCT is also responsible for reviewing decisions made by the National Credit Regulator and the National Consumer Commission.

OFFICE BEARERS

Chairperson: Prof Joseph Mandla Maseko Deputy Chairperson: Dr Laura Best Tribunal Members: Ms Hazel Alwar, Mr Trevor Albert Bailey, Ms Penelope Beck, Prof Bonke Dumisa, Adv Frans Kgolela Manamela, Ms Nomfundo Sylvia Maseti, Mr Xolela May, Prof Kasturi Moodaliyar, Ms Maleho Margaret Nkomo, Dr Maria Claudina Peenze, Mr Lulama Andisa Potwana, Adv Neo Sephoti, Mr Fungai Sibanda, Adv John Simpson, Ms Diane Terblanche, Prof Tanya Woker Registrar: Mr Lehlohonolo Rabotapi Chief Financial Officer: Ms Maya Naidoo (Acting) Chief Operations Officer: Adv Nelson Lolwane Senior Management: Mr Bax Nomvete (Chief Information Officer), Ms Vasanti Srineevassan (Acting Corporate Services Executive) Communications Officers: Mr Sibusiso Nyathi (Communications Specialist)

NATIONAL CREDIT REGULATOR (NCR)

CONTACT DETAILS

PHYSICAL: 127 – 15th Road, Randjespark, Midrand, Johannesburg, 1685 POSTAL: PO Box 209, Halfway House, 1685 TEL: 0860 627 627 / 011 554 2700 WEB: www.ncr.org.za EMAIL: info@ncr.org.za

OVERVIEW

The mission of the National Credit Regulator (NCR) is to support the social and economic advancement of South Africa by regulating for a fair and non-discriminatory market place for access to consumer credit; and promoting responsible credit granting and credit use, and effective redress. The NCR’s mandate is to: promote and support the development of a fair, transparent, competitive, sustainable, responsible, efficient and effective consumer credit market, and to increase participation of historically disadvantaged persons, low-income persons and communities, and remote, isolated or low-density populations and communities in the consumer credit market; regulate the consumer credit industry by registering credit providers, credit bureaus and debt counsellors, payment distribution agents, and alternative dispute resolution agencies; enforce the provisions of the National Credit Act; undertake research on the nature and dynamics of the consumer credit market in order to increase knowledge of these matters; promote public awareness of consumer credit matters; and review legislation and report to the Minister of Trade and Industry on matters concerning consumer credit.

FINANCIAL INFORMATION* 2019/20 2018/19 2017/18

AUDIT OUTCOME

Clean Audit Clean Audit Clean Audit

FINANCIAL POSITION R’000 R’000 R’000

Current Assets 7 008 3 666 9 121

Non-Current Assets 4 379 6 340 7 453 Total Assets 11 387 10 006 16 574

Current Liabilities 4 524 10 080 9 224

Non-Current Liabilities - 158 428 Total Liabilities 4 524 10 238 9 652 Total Net Assets 6 863 (234) 6 922

FINANCIAL PERFORMANCE

Total Revenue 66 461 58 647 55 417

Exchange Transactions 9 822 5 959 6 958

Non-Exchange Transactions 56 639 52 688 48 459 Total Expenditure (59 316) (65 708) (64 347)

Employee Costs (37 121) (38 530) (31 752) Surplus/(Deficit) for Year 7 145 (7 060) (8 988)

CASH FLOW

Operating Activities 4 615 (4 414) (6 033) Investing Activities (446) (1 259) (3 373) Cash & Equivalents – Year End 6 333 2 486 8 512 UIFW EXPENDITURE** - - -

HUMAN RESOURCES 2019/20 2018/19 2017/18 Posts Approved 50 50 50 Posts Filled 45 49 44

OFFICE BEARERS

Chief Executive Officer: Ms Nomsa Motshegare (CEO and Accounting Authority) Chief Financial Officer: Ms Josephine Meyer Senior Management: Ms Anne-Carien du Plooy (Acting Manager: Investigtions and Enforcement), Ms Nobuntu Gwala (Manager: Risk and Audit Services), Ms Kedilatile Legodi (Manager: Debt Counselling; Acting Manager: Education and Communication), Mr Ngoako Mabeba (Manager: Statistics and Research), Ms Nthupang Magolego, Mr Lesiba Mashapa (Company Secretary), Ms Maria Matlosa (Manager: Human Resources), Mr Zolile Mngqundaniso (Manager: Registrations), Mr Mandla Mokoena, Ms Takalani Mudau (Manager: Complaints Department), Ms Phillipine Mweli, Ms Jacqueline Peters (Manager: Investigations and Enforcement), Ms Mmabatho Senyarelo (Manager: Credit Provider Compliance), Mr Obed Tongoane (Deputy Chief Executive Officer), Ms Nosipho Zikishe (Manager: Credit Bureau Compliance) Communications Officers: Ms Kedilatile Legodi (Manager: Debt Counselling; Acting Manager: Education and Communication)