The Gauteng Partnership Fund (GPF) is aware of recent media coverage relating to legal proceedings involving a borrower and the recovery of funds owed to the organisation.

As a public entity, the GPF operates under the Public Finance Management Act (PFMA), which requires the organisation to take effective and appropriate steps to safeguard public funds and collect all revenue due.

In line with this obligation, the GPF Debtors Management Policy provides a clear framework for debt recovery, including restructuring of loans where viable, and as a last resort, legal enforcement. The current matter between the GPF and Nonkwelo Investments Pty (Ltd) is being managed in accordance with this policy.

In terms of a directive by the Judge President of the Gauteng Division of the High Court, effective 22 April 2025, all civil matters must first undergo mediation before proceeding to trial. This is more pertinent in defended matters, such as this one. The GPF is therefore participating in mediation proceedings, as required by the court, as part of the recovery process.

The mandatory mediation is an alternative dispute resolution process designed to ensure access to justice within reasonable timeframes and to encourage early settlement of matters that do not require full judicial intervention.

While this matter is sub judice and the GPF will not comment on its merits and the contents of the publicly available court file, the organisation reaffirms its commitment to acting as a responsible custodian of public funds.

The entity is committed to following due legal and governance processes in the recovery of outstanding debts and continuing to support viable housing projects across Gauteng in line with its mandate.

END

Issued by the Gauteng Partnership Fund.

Enquiries:

Andile Ndlovu

Stakeholder Relations Officer

Email: andilen@gpf.org.za

Or

Nompumelelo Mnqibisa

Marketing and Communications Officer Email: nompumelelom@gpf.org.za