New board for KwaZulu-Natal development funding agency
The new board for KwaZulu-Natal Growth Fund Agency (KZNGFA) has been announced. The agency is a provincial public entity which falls under the KwaZulu-Natal Department of Economic Development, Tourism and Environmental Affairs.
“The appointment of this board strengthens KwaZulu-Natal’s development finance capability and positions the agency to unlock investment, support job creation and drive inclusive economic growth,” highlighted KwaZulu-Natal Economic Development, Tourism and Environmental Affairs MEC Reverend Musa Zondi.
The role of the KZNGFA is to stimulate investment, develop infrastructure, and achieve inclusive economic growth across the province. The function of the board is to provide the necessary strategic oversight, strengthen the governance of the agency, and enable the execution of priority investment programmes in the province.
The chairperson of the new board is Jabulani Walter Khanyile. His deputy is Dr Usha Roopnarain. The other members of the board are Bongani Mzwakhe Mhlongo, Dr Sakhile Keith Mpungose, Linda Ngcobo, Dr Sihle Ndlovu and Linda Mpumelelo Sidaki. In addition, KZNGFA acting CEO Tshidi Ikaneng is an ex officio member of the board.
The previous board was headed by Dr Cassius Lubisi.
“We also acknowledge the valuable contribution made by the outgoing board in establishing a strong foundation for the agency,” affirmed Zondi.
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