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TRANSFORMING LIVES. INSPIRING A NATION.  \n“The NRF is securing a brighter future for South Africa and its citizens by promoting and supporting research excellence, human capacity development and the creation of knowledge.”  \nGENERAL INFORMATION  \nREGISTERED NAME: National Research Foundation  \nPHYSICAL ADDRESS: Meiring Naudé Road  \nBrummeria  \nPretoria  \n0002  \nPOSTAL ADDRESS: PO Box 2600, Pretoria, 0001  \nTELEPHONE NUMBER/S: 027 12 481 4000  \nFAX NUMBER: 027 12 349 1179  \nEMAIL ADDRESS: [info@nrf.ac.za](info@nrf.ac.za)  \nWEBSITE ADDRESS: [www.nrf.ac.za](www.nrf.ac.za)  \nEXTERNAL AUDITORS: Auditor-General of South Africa (AGSA)  \nPO Box 446  \nPretoria  \n0001  \nBANKERS: Absa  \nGlenfair Boulevard  \nCorner Lynnwood and Daventry roads Lynnwood Manor  \nPretoria  \nCOMPANY/ BOARD SECRETARY Magda Marx  \nISBN: 978-1-86868-104-4  \nSTATEMENT OF RESPONSIBILITY   \nTo the best of our knowledge and belief, we confirm the following:  \nAll information and amounts disclosed in the annual report are consistent with the Annual Financial Statements audited by the Auditor General.  \nThe annual report is complete, accurate and free from any omissions. The annual report has been prepared in accordance with the guidelines on the annual report as issued by National Treasury.  \nThe Annual Financial Statements (page 159) have been prepared in accordance with the standards applicable to the public entity. The accounting authority is responsible for the preparation of the Annual Financial Statements and for the judgements made in this information.  \nThe accounting authority is responsible for establishing and implementing a system of internal control that has been designed to provide reasonable assurance as to the integrity and reliability of the performance information, the human resources information and the Annual Financial Statements.  \nThe external auditors are engaged to express an independent opinion on the Annual Financial Statements.  \nIn our opinion, the annual report fairly reflects the operations, the performance information, the human resources information and the financial affairs of the organisation for the financial year ended 31 March 2018.  \nYours faithfully  \nDr Molapo Qhobela Chief Executive Officer July 2018  \n___________________  \nProf Loyiso Nongxa NRF Board Chairman July 2018  \nscience  \n& technology   \nDepartment:  \nScience and Technology  \nREPUBLIC OF SOUTH AFRICA  \nCONTENTS  \nPART A: STRATEGIC OVERVIEW 23  \n1. STRATEGIC SUMMARY 24  \n1.1 NRF Strategy 2020 24  \n2. LEGISLATIVE AND OTHER MANDATES 27  \n2.1 Policy environment 27  \n2.2 Contributors to the NRF mandate 27  \n2.3 Strategy implementation 28  \n3. ORGANISATIONAL STRUCTURE 30  \n3.1 Programmes 30  \n3.2 Organisational structure per Programme 31  \n4. ANNUAL FINANCIAL STATEMENTS SUMMARY 32  \n4.1 Financial overview 32  \n4.2 Income per business unit 34  \nPART B: PERFORMANCE 39  \n5. OVERVIEW OF NRF PERFORMANCE 40  \n5.1 Service delivery environment and strategic partners 40  \n5.2 Performance overview 41  \n5.3 Challenges 41  \n5.4 Organisational environment 42  \n5.5 Performance against strategic outcome-oriented goals 43  \n6. NRF RESPONSE TO STRATEGIES AND PLANS 45  \n6.1 Value of the NRF to the NSI 45  \n6.2 System Performance 46  \n6.3 Performance against national imperatives 46  \n 4  NRF Annual Report 2017/18  \n7. PROGRAMME 1 (CORPORATE): STRATEGIC OVERSIGHT, ADMINISTRATION AND SHARED SERVICES 49  \n7.1 Situational analysis 49  \n7.2 Performance against objective 5: Grow NRF influence, impact and reputation 50  \n7.3 Performance against strategic objective 6: Optimise NRF return on investment 55  \n7.4 Performance against strategic objective 8: Improve NRF talent management 59  \n8. PROGRAMME 2: SCIENCE ENGAGEMENT 63  \n8.1 Situational analysis 63  \n8.2 Performance against strategic objective 7 67  \n9. PROGRAMME 3 (RISA): HCD THROUGH BURSARIESAND RESEARCH AND EQUIPMENT GRANTS 71  \n9.1 Situational analysis 71  \n9.2 Pe","cbCaisgY5Lx0t2CG","https://ap.wps.com/l/cbCaisgY5Lx0t2CG","pdf",5749528,13,222,"English","# PART A: STRATEGIC OVERVIEW\n## 1. STRATEGIC SUMMARY\n## 2. LEGISLATIVE AND OTHER MANDATES\n## 3. ORGANISATIONAL STRUCTURE\n## 4. ANNUAL FINANCIAL STATEMENTS SUMMARY\n# PART B: PERFORMANCE\n## 5. OVERVIEW OF NRF PERFORMANCE\n## 6. NRF RESPONSE TO STRATEGIES AND PLANS\n## 7. PROGRAMME 1 (CORPORATE)\n## 8. PROGRAMME 2: SCIENCE ENGAGEMENT\n## 9. PROGRAMME 3 (RISA)\n## 10. PROGRAMME 4: NATIONAL RESEARCH INFRASTRUCTURE PLATFORMS\n# PART C: REGULATORY REPORTING\n## 11. GOVERNANCE","[{\"question\":\"What does the statement of responsibility in the annual report confirm?\",\"answer\":\"It confirms that the disclosed information and amounts are consistent with the Annual Financial Statements audited by the Auditor General, and that the report is complete, accurate, and prepared in line with annual report guidelines.\"},{\"question\":\"Which strategic areas are covered in Part A of the report?\",\"answer\":\"Part A includes a strategic summary, legislative and other mandates, organisational structure, and a summary of annual financial statements.\"},{\"question\":\"How is governance addressed in the regulatory reporting section?\",\"answer\":\"Part C contains a governance section covering accountability structure, NRF board responsibilities and charter, risk management, internal control and internal audit, fraud and corruption, compliance, and related responsibilities.\"}]","NRF Annual Report 2017-18 - Annual financial statements and governance | PDF",559]