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Ekurhuieni Housing CompanyRef: https://ehco.org.za/wp-content/uploads/2026/07/EHC-Annual-Report-2024-25-Print-version-signed.pdf

Official source

Source domain: ehco.org.za

Collected on 28 July 2026

Always confirm details on the official source before acting.

Our copy (archived 28 July 2026)Official source

What this means

This document is the “Germiston Phase II Housing Company Annual Report 2024–25” (Volume I contents and narrative sections are shown, with Volume II indicated as Annual Financial Statements). It outlines governance, service delivery performance, organisational development, and financial performance for the Ekurhuleni Housing Company (EHC), a City of Ekurhuleni municipal entity regulated by the Social Housing Regulatory Authority (SHRA). The chairperson’s foreword and CEO overview describe a turnaround strategy, governance/compliance progress (including an unqualified audit opinion), and service delivery/tenant management challenges such as low rental collection, illegal occupation, and property security interventions.

Facts

Places

Ekurhuleni, Gauteng

Reference

https://ehco.org.za/wp-content/uploads/2026/07/EHC-Annual-Report-2024-25-Print-version-signed.pdf

Amounts

R 249 600 000, R 260 900 000, R 3 600 000

Key Takeaways

  • Document title: Germiston Phase II Housing Company Annual Report 2024–25
  • Time period covered: 2024/25 financial year
  • Entity: Ekurhuleni Housing Company (EHC), a City of Ekurhuleni municipal entity
  • Regulator: Social Housing Regulatory Authority (SHRA)
  • Governance: Board designated as Accounting Authority under MFMA; King IV-aligned Board Charter
  • Strategic objectives: improved financial sustainability; improved administration/control; re-established tenant relationships; functional/capacitated organisation; portfolio expansion
  • Financial performance: revenue collection below 60% target; collection improved from 21% (Q3) to 24% (Q4); Chris Hani 78% strongest result
  • Debtors’ book increased from R249.6m (April) to R260.9m (March 2025), including R3.6m interest charges
  • Turnaround support: SHRA approved a capacitation grant for implementation in Q1 2024/25; SHRA facilitating appointment of a capacitation service provider
  • Audit outcome: unqualified audit opinion with no material findings
  • Risk management: implemented 76% of 37 risk management action plans
  • Property/tenant management: 332 units regularised with valid lease agreements; 1102 units occupied without valid leases
  • Security intervention: digital access control systems rollout starting at Pharoe Park; budget R4.5m
  • Germiston Phase II Housing Company
  • Ekurhuleni Housing Company (EHC)
  • City of Ekurhuleni (CoE)
  • Member of the Mayoral Committee (MMC) for Human Settlements
  • Board of Directors (Accounting Authority under MFMA)
  • Social Housing Regulatory Authority (SHRA)
  • National Association of Social Housing Organisations (NASHO)
  • Auditor-General
  • Lumko Mtimde (Chairperson of the Board)
  • Chris Hani (portfolio/area referenced in collection performance)
  • New Delville
  • Pharoe Park
  • Airport Park
  • Old Delville
  • Pharoe Park (mass eviction referenced)
  • Airport Park and Delville (Ext. 3 & 9) (evictions referenced)