ORGANISATIONAL STRUCTURE

EXECUTIVE AUTHORITY AND SHAREHOLDER

EXECUTIVE AUTHORITY AND SHAREHOLDER

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ORGANISATIONAL STRUCTURE

The uMngeni-uThukela Water Group consists of a parent entity with two subsidiaries.

The Executive Committee is the top management structure of uMngeni-uThukela Water Parent, and for the reporting year comprised five members including the Chief Executive, the Chief Operations Officer, the Chiefs Governance and Compliance Officer, Chief Financial Officer and the Chief Shared Services Officer. The Chief Executive guides the day-to-day activities of the entity with powers delegated to him by the Board.

The non-executive Board is the Accounting Authority and provides strategic leadership to the Executive Committee. The Board is appointed by the Minister of Water and Sanitation. With respect to the subsidiaries, uMngeni-uThukela Water has 100% shareholding in Msinsi Holdings SOC Ltd and uMngeni Water Services SOC Ltd.

The uMngeni-uThukela Water Group as at 30 June 2024 comprised:

  • A head count of 1 557 employees;
  • Revenue for the year of R6.9 billion with R1.4 bn net surplus generated;
  • Balance sheet asset value of R17.6bn with reserves totalling R16.6bn.