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PCTI/20141014/NRCS/69

PCTI/20141014/NRCS/69. Presentation to the Portfolio Committee on Trade and Industry NRCS Annual Report – 2013-2014 Financial year NRCS Quarterly Report – Quarter 1 of 2014 14 October 2014. In attendance from NRCS. Mr. Asogan Moodley Chief Executive Officer Ms. Reshma Mathura

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PCTI/20141014/NRCS/69

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  1. PCTI/20141014/NRCS/69 Presentation to the Portfolio Committee on Trade and IndustryNRCS Annual Report – 2013-2014 Financial year NRCS Quarterly Report – Quarter 1 of 201414 October 2014

  2. In attendance from NRCS • Mr. Asogan Moodley • Chief Executive Officer • Ms. Reshma Mathura • Chief Financial Officer • Mr. Edward Matemba • Chief Risk and Strategy Officer

  3. Purpose • To brief the Portfolio Committee on Trade and Industry on: • The Annual Report of the NRCS for the 2013 – 2014 Financial year • The performance of the NRCS for Quarter 1 of the 2014 Financial year

  4. Scope • Background • Overview of strategic outcomes • Annual report • Performance information • Financial overview • Audit report • Quarterly report • Performance information • Financial overview • Challenges

  5. Background

  6. Legislative Mandate Mandate of the NRCS is derived from the following Acts.

  7. Organisational MandateMission and Vision

  8. History of NRCS

  9. Industries regulated by NRCS

  10. NRCS Strategy and enablers • Strategy to focus on Source Inspections • Source is point of entry or manufacture • lock out non-compliant products before the products enter point of trade and ensure that NRCS is more efficient in regulating the market. • Retail and distributor inspections are meant for intelligence gathering and ensure that non-compliant products are kept out of the market. • Enablers • intelligent utilisation of information technology and effective supervision. • Collaboration with SARS, SABS, DAFF, NCC, DoH, SAPS, Home Affairs, • Effective risk profiling through SARS platform reducing delays at ports • Market Intelligence – Bill of lading, manifests

  11. Highlights • Held 3 destruction functions (CT, Dbn, Pta) • Goods to the value of R55m destroyed • Over the past 5 years NRCS destroyed products amounting to R438m • Total value of non-compliant products for the 1st quarter 2014/15 was about R115m, R61m was in Durban • Non-compliant pre-packed goods amounted to R 34,044m for Quarter 1. The major contributors to the cost savings to consumers were imported seafood products and whisky, which amounted to about R19m, both of which were found to be of short mass/measure. • Risk profiling through SARS platform reducing delays at ports • Implementation of the CRM System • Operationalised border enforcement at the following ports of entries: Durban, City Deep, Cape Town, Port Elizabeth, Beitbridge and Libombo. • Improved performance reporting and management • Distributed 1500 compliant paraffin stoves to a number of informal settlements in exchange of non-compliant ones • Settlement of Labourdisputes

  12. Overview of strategic outcomes

  13. Overview of strategic outcomesPer the Strategic Plan

  14. Annual Report: Performance Information

  15. Performance Information (1)

  16. Performance Information (2)

  17. Performance Information (3)

  18. Performance Information (4)

  19. Annual Report: Financial overview

  20. Financial Overview Financial information for the 2013/2014 reporting period

  21. Financial Overview: Revenue 6 Year review of revenue growth

  22. Financial Overview: Income vs. Expenditure Income against expenditure 6 year review

  23. Annual Report: Audit Report

  24. NRCS Audit report

  25. Quarterly Report: Performance Information

  26. Performance Information (1)

  27. Performance Information (2)

  28. Performance Information (3)

  29. Performance Information (4)

  30. Performance Information (5)

  31. Performance Information (6)

  32. Performance Information (7)

  33. Quarterly Report: Financial overview

  34. Financial Overview Actual versus Budget for Quarter 1

  35. Financial Overview: Revenue Composition of revenue for Year-to date (July 2014)

  36. Financial Overview: Revenue Actual versus budget revenue for each revenue stream compared to the prior year. Total revenue of R67 770 in relation to budget of R116 958

  37. Financial Overview: Expenditure Expenditure makeup for YTD Quarter 1 (July 2014) Employee cost – 78% Goods and services – 20% Other expenses and Depreciation – 2%

  38. Financial Overview: Expenditure Expenditure for Q1 compared to budget and actual

  39. Financial Overview: Income vs. Expenditure Income against expenditure for the year to date

  40. Challenges

  41. Organisational Challenges • External challenges faced by NRCS include: • Inadequate testing facilities in South Africa for some regulated products e.g Motor cycle helmets • Lack of qualified staff and the inability to recruit required specialist resources Capacity constraints: Evaluator capacity in Electro-technical approvals continues to be a major concern. • The application and regulation of products covered under VCs that are outdated. • High transportation and storage costs for confiscated goods • Current challenges faced by NRCS include: • Organisational maturity as NRCS is still in infancy stage • Generation of revenue reliant on trends and markets • Internal control weaknesses including procurement, asset management and HR • Labour relations and a range of staff and HR issues

  42. The end

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