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Durban ICC posts solid profit figures and gets a clean audit

Despite a challenging economic climate and highly competitive marketplace, the award-winning convention centre posted an impressive set of financial results for the fourth consecutive year, generating an above-target revenue figure of R152-million and achieving a profit before tax of R29-million.

Equally notable is that the Durban ICC has been given a clean, unqualified audit by the Auditor General, thus bolstering public confidence in the sound financial management of Africa’s world-renowned convention venue.

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Durban ICC receives clean audit certification sp

Image Caption: The Durban ICC receiving their clean audit certification from the Auditor General. Names L-R: Fred Hattingh (Senior Human Resources Manager), Johannes Basi (Acting Operations Director), Melanie Rambally CA(SA) (Financial Director), Mala Dorasamy (Sales, Marketing and Events Director), Nicolette Elia-Beissel (Acting CEO), Merusha Vather CA(SA) (Senior Manager, KwaZulu-Natal Auditor-General of South Africa), Jeremy Hurter (Facilities Director), John Moatshe (Executive Chef).

 

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