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Ithala Development Finance Corporation Limited

Public Entity · KwaZulu-Natal · reports to KwaZulu-Natal Department of Economic Development, Tourism and Environmental Affairs

Ithala Development Finance Corporation Limited is a public entity in KwaZulu-Natal, part of South Africa's provincial government, reporting to KwaZulu-Natal Department of Economic Development, Tourism and Environmental Affairs. This record lists 19 office bearers and 5 years of audited outcomes.

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Audit record, 5 years

2020/21
2021/22
2022/23
2023/24
2024/25
Clean Audit improving 2 of 5 audited years clean

Financial highlights, 2024/25

Total Revenue
R1.9bn
Total Expenditure
−R1.8bn
Surplus / Deficit
R103m
Total Assets
R7.9bn
Total Liabilities
R3.0bn

Values in rand. Sparklines run oldest to newest and are scaled to each series, not to zero.

Leadership, 19 listed

Chairperson
Mr Khayelihle Emmanuel Mpungose
Deputy Chairperson
Ms Bongi Pretty Nzama
Board Members
Mr Innocent Bheki Dladla Prof Denisha Jairam-Owthar Mr Sthembiso Ishmael Mbhele Adv Bongani Phumlani Mpungose Dr Lorraine Thulisile Mwelase Mr Lindokuhle Mzolo Mr James Sikhosiphi Nxumalo
CEO
Ms Pearl Bengu (Group Chief Executive)
CFO
Ms Amanda Zuma (Group Chief Financial Officer)
Senior Management
Ms Farhana Abdool Kader (Acting Properties Executive) Mr Armstrong Malope (Organisational Strategy Performance and Efficiency Executive) Ms Nomthandazo Mseleku (Chief: Group Audit Executive) Ms Tozi Mthethwa (Group Corporate Support Services Executive and Acting: Business Finance Executive) Dr Mano Muthusamy (Group Chief Risk Officer) Ms Nosipho Ndlela (Acting Business Finance Executive) Ms Sarisha Singh (Group Company Secretary)
Communications Officers
Mr Khetha Cele (Group Chief Information Officer)

Entities reporting to this one, 2