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NATIONAL COUNCIL OF PROVINCES
QUESTION FOR WRITTEN REPLY
QUESTION NO.: 404
DATE OF PUBLICATION: 29 OCTOBER 2010
Ms M P Themba (ANC-Mpumalanga) to ask the Minister of Economic Development:
Whether any entities under his department are operating without a group
company executive; if not, what is the position in this regard; if so, what
are the relevant details?
CW527E
REPLY
Two entities reporting to the Economic Development Department have
vacancies for the position of CEO: Khula Enterprise Finance Limited
(Khula) and the South African Micro-finance Apex Fund (Samaf).
The Chief Executive Officer/Managing Director for Khula resigned effective
from 1st July 2010, for personal reasons. Mr Mkhululi Mazibuko was
appointed Acting Managing Director.
The CEO of Samaf resigned with effect from 1 July 2010. The Director-
General appointed Mr Kumaran Naidoo, Chief Financial Officer of the
Department of Trade and Industry, to act in the position.
The Department is evaluating the functions of the two agencies to determine
whether there is scope to consolidate functions, which may affect the
appointments. This will be followed by appropriate consultation processes