Presentation of 2006/7 Annual Report and Financial Statements

Presentation of 2006/7 Annual Report and Financial Statements

Inkomati Catchment Management Agency

“Water for all in Inkomati”

Presentation by Sizile Ndlovu (CEO) and Nandha Govender (Acting Chairperson)

Introduction

The Inkomati CMA is required in terms of Schedule 4 of the NWA to table its annual report in Parliament

The Annual Report covers the period 1 April 2006 to 31 March 2007

The Annual Report covers the activities and financial report of the ICMA as per the first Business Plan

KPMG: Internal Auditors J.K Sithole & Co: Independent Auditors

Mandate of the CMA

In terms of section 80 of the NWA, the CMA has the following initial functions:

(a) to investigate and advise interested persons on the protection, use, development, conservation, management and control of the water resources in its water management area;

(b) to develop a catchment management strategy; (c) to co‑ordinate the related activities of water users and of the

water management institutions within its water management area; (d) to promote the co‑ordination of its implementation with the

implementation of any applicable development plan established in terms of the Water Services Act, 1997 (Act No. 108 of 1997); and

(e) to promote community participation in the protection, use, development, conservation, management and control of the water resources in its water management area.

Governance

The Governing Board and its Committees met regularly to conduct its business

Compliance with the Protocol on Corporate governance in the Public Sector and the Framework on corporate Governance of Public Entities

Board Members carried full fiduciary responsibility in terms of the National Water Act, PFMA and National Treasury Regulations

Board Charter and Committee TOR’s adopted Ministerial priorities and DWAF strategic priorities

incorporated into ICMA strategic priorities Risk management policy, strategy and plans developed

Organisational Development

Staff appointed = 13 out of 17 posts Bursaries = 9 Policies adopted = 17 Business Plan approved by Minister Fully functional office in place Official ICMA Launch on 2 November 2006 MoU for the secondment and transfer of DWAF

staff approved Pastel Accounting and Payroll System in place

Institutional Development & Stakeholder Involvement Effective communication with and participation

by all stakeholders Institutional arrangements in place Support to DWAF on establishment of WUA’s Effective inter-governmental relations

established Trained CDFs and Ward Committees on

Integrated Water Resources Management Launch of Sediba Campaign International Links: KOBWA, Lesotho and Groot

Salland

Catchment Management Strategy and Planning CMS development initiated Catchment Visioning Process initiated Preliminary Situation Assessment completed Support and interaction with DWAF on Draft Water

Allocation Plan

The CMS process will be completed by September 2008. Hosting an Annual CMS Conference in corporation with

Wits and WARD Plan to transfer 35% of water to black hands by 2014. Incorporating land reform into the process of accessing

water

Water Use Management

Requested the delegation of Water Use functions to ICMA

Support to DWAF on compulsory licensing process Opportunities for Productive Water Use by Emerging

Farmers developed

Financial Sound Financial Management Financial Management policies adopted

Statement of Financial Performancefor the period ended 31 March 2007

Revenue R 4,841,637

Operating Expenditure R 4,242,764

Surplus from Operations R 598,873

Finance Revenue R 2,470

Surplus for the year R 601,343

Statement of Financial Positionat 31 March 2007

Non-Current Assets R 595,874

Current Assets R 2,973,145

Total Assets R 3,569,019

Net Assets R 601,343

Non-Current Liabilities R 202,227

Current Liabilities R 2,765,449

Net Assets & Liabilities R 3,569,019

Challenges

Business processes for funding of the ICMA

Delays in signing of MoUDelegation of functions Coherent support from DWAF

Conclusion

Clean Audit ReportICMA is in a sound financial position and

is operating as a going concernPositive Stakeholder perception of CMA:

Agent of change and service deliveryPriority given to redressing the past

imbalances and improving access to the water resources