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After a year marked by institutional instability and sustained public scrutiny, the Independent Development Trust (IDT) has closed 2025 with clear progress in stabilising its operations, restoring governance controls and strengthening financial discipline. These developments follow the appointment of a new Board of Trustees in July 2025 and reflect a decisive shift from crisismanagement to structured recovery.While the organisation inherited significant challenges mid-year, the IDT enters 2026 on firmer footing, with stabilised systems, improved oversight and renewed confidence from oversight institutions. The Board also acknowledges the contribution of Acting Chief Executive Officer, Mr Sfiso Nsibande, seconded from the CIDB on 04 November 2025 whose steady leadership hassupported operational continuity and reinforced governance discipline during a critical period.
Financial Stabilisation and Debt RecoveryFor the first time in several years, the IDT has recorded sustained progress in stabilising its financial position. This recovery has been driven by improved debt collection across key provincial portfolios, the restoration of billing cycles and tighter internal financial controls.Overdue accounts are moving, revenue flows are stabilising and financial discipline has been re-established across core functions. Importantly, both the shareholder department and National Treasury have reinforced this recovery through renewed operational support and forward funding commitments, signalling growing confidence in the IDT’s governance trajectory and correctivemeasures. These developments represent a turning point for an organisation that had been underprolonged financial strain.
Accountability, Ethics and Consequence ManagementThe Board has adopted an uncompromising stance on ethics, accountability and consequence management. For the first time in recent years, corrective action is no longer theoretical it is active, enforced and visible.Key actions underway include:
Governance and Operational ReformSignificant governance and operational reforms have taken root across the organisation. These include:
While meaningful progress has been achieved, the Board acknowledges that the recovery process is ongoing. The next phase of reform will prioritise the completion of forensic and disciplinary matters, the strengthening of SCM, EPWP, ICT and governance controls, continued improvement of organisational culture and morale, reinforcement of financial sustainability, preparation for a rigorous audit cycle and the delivery of infrastructure that restores dignity to communities.
“This year required difficult decisions and firm leadership,” said Board Chairperson Ms Zimbini Hill. “We are stabilising the institution, correcting governance failures, and rebuilding the IDT into an organisation defined by integrity, discipline and public value. The work is not complete, but the direction is clear.”
The Board remains resolute in its commitment to restore public confidence, safeguard public funds, and ensure that instability of the past is not repeated.
Issued by:Zimbini HillChairperson: Board of TrusteesIndependent Development Trust (IDT)
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For Media enquiries: Ms. Lerato Modisana, 073 599 6633 or Lerato.Modisana@idt.org.za,Senior Manager: Corporate Communications and Stakeholder Management.Issued by the Independent Development Trust, an entity of the Department ofPublic Works and Infrastructur