HDA Annual Report

ANNUAL REPORT 2023/24

Introduction Corporate governance embodies processes and systems by which HDA is directed, controlled and held to account. In addition to legislative requirements based on HDA’s enabling legislation, corporate governance concerning public entities is applied through the precepts of the Public Finance Management Act (PFMA) and run in tandem with the principles contained in the King IV Report on Corporate Governance. Parliament, the Executive Authority and the Board of the HDA are responsible for corporate governance. Portfolio Committee The HDA presented to the Portfolio Committee on Human Settlements on the following dates:

• 03 May 2023: Briefing by Human Settlements Entities on Budget, Strategic Plans and revised Annual Performance Plans 2022/23 18 October 2023: The Audit outcomes for the 2022/23 financial year. Executive Authority The Executive Authority of the HDA is the Minister of Human Settlements. The Minister is responsible for overseeing HDA’s performance and ensuring that it aligns with national housing policies and goals. The four quarterly reports were submitted to the Executive Authority within the periods as stipulated by the National Treasury. The 2023/24 Shareholder Compact between the Executive Authority and the Accounting Authority (the HDA Board of Directors) was concluded. • • •

HDA Board Members

Hosi P C Ngove Chairperson

Ms M Dumakude Deputy Chairperson

Ms N Maharaj

Mr R Makan

Dr A L Mahapa

Mr V M Rabothata

Mr B M Khenisa

Ms J K Masemola

* Dr M M Soni resigned from the Board in June 2023

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