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The Dynamic Business Start-Up Trust


The NIC Dynamic Business Start-Up Trust (The Trust) is a registered Educational Trust which has Public Benefit Organisation (PBO) status, with 18A tax status. It is non-profit and is presided over by a Board of Trustees.

All public and private funds that are donated to the DBSP and any funding money that is raised is placed in the Trust, under the guardianship of the Board of Trustees.

The Trust complies with the South African Revenue Service's rules and regulations, as well as with the Trusts Act of South Africa. Hence the Trust is audited by an independent Auditing Firm on an annual basis. The annual audited set of accounts is available upon request.


Pictures Of The Trustees

Unfortunately no
picture is
available for
Dr. Mestry
Mr. Themba
Gamedze
Mr. Cleo
Mtshali
Dr. Raj
Mestry

Tabulated Information On The Trust

NAME OF ORGANISATION: The National Industrial Chamber (NIC) Dynamic Business Start-Up Trust.
TYPE OF ORGANISATION: Non-Profit Organisation (NPO), with Public Benefit Organisation (PBO) Status.
- Our PBO number is 930 004 664 -
REGISTRATION NUMBER: IT 9035/97
OPERATIONS: The Dynamic Business Start-Up Project (DBSP) is responsible to role out all training, assessments, follow up and other related work on behalf of the Trust.
PHYSICAL ADDRESS: 5 Witklip Road, Bloubosrand, Randburg, Gauteng Province, South Africa
POSTAL ADDRESS: P O Box 378 North Riding, 2162, South Africa
TELEPHONE NUMBER: 27 11 462 5187
FACSIMILE NUMBER: 27 11 462 5187
NAMES OF THE TRUSTEES: Mr. Themba Gamedze - Chair
Dr. Raj Mestry
Mr. Cleophas Mtshali
DBSP OPERATIONS TEAM: Mr. Chris Black
Mrs. Charity Simelane
Mr. Mangethe Zwane
ESTABLISHMENT DETAILS: The Project is a not-for-profit educational trust, Masters Reference IT 9035/97. Date of Trust Deed: 16 09 1997. Masters Letter of Authority & Trust Deed available on request. The South African Revenue Services Commissioner's letter of 26 January, 1998 approves Section 18A of the Income Tax Act for the Trust. A copy of the letter of approval is available upon request.
NOTE ON THE ORGANISATION: Although this is a formal organisation; there is no payroll, the personnel involved work on short term assignments and are payable for the assignments successfully completed. There is, however, an office rental.
FINANCIAL YEAR END End of March
FINANCIAL STATEMENTS & ANNUAL REPORT: The audited annual financial statements and report are available upon written request.
AUDITORS DETAILS Anderson, Rochussen & van der Bijl Incorporated
PO Box 87583, Houghton, 2041, South Africa
Contact details: Tel: 27 11 880 5966 Fax: 27 11 880-4910
BANKERS & BANKING DETAILS Standard Bank
Kempton Park Branch
Bank identification number: 01-24-42-44
Bank account number: 020170998
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