Record financial performance
South African National Parks (SANParks) achieved remarkable SANParks revenue 2024 results, presenting a positive overview of the entity’s operational and financial performance for the past financial year. The organisation’s revenue performance in 2024 marked a historic milestone for conservation funding in South Africa.
SANParks Chief Executive Officer Hapiloe Sello addressed the Portfolio Committee on Fisheries, Forestry and the Environment . She reported an 11% increase in revenue from R3.67 billion to R4.1 billion in 2024-25. SANParks revenue exceeded the R4-billion mark for the first time in the organisation’s history. Commercial activities generated 75% of this revenue, showing the effectiveness of the organisation’s commercial strategies.
Strong financial health and management
Ms Sello highlighted that SANParks has a net cash balance of R2.7 billion and maintains a positive solvency position. Total assets exceed total liabilities by R3.7 billion. These results show that SANParks has strong financial health comparable to other leading conservation organisations globally . Solid revenue growth, healthy liquidity, and a strong balance sheet support this position. This confirms SANParks as a financially sound and well-managed institution.
The financial success aligns with global trends in conservation funding , where protected area management increasingly relies on diversified revenue streams.
Audit success and governance excellence
SANParks received an unqualified audit outcome for the past year, confirming the strength of its financial governance and management practices. This achievement places the organisation among the top-performing state entities in South Africa.
The entity continues to improve its internal controls. These efforts have produced positive results, as the Auditor-General’s report shows. The report highlighted improvements, particularly in the quality of the Annual Financial Statements. In Supply Chain Management, the audit found no major issues – an improvement from the previous year. Work continues to strengthen the control environment, with hope for further improvements ahead.
Operational excellence and conservation impact
SANParks achieved 86% of its performance targets, meeting 24 out of 28 goals. The organisation exceeded 18 of these targets, showing its commitment to excellence. These operational achievements directly support South Africa’s biodiversity conservation goals and international commitments.
The performance targets included key conservation metrics such as wildlife population monitoring, habitat restoration, and community engagement programs. This comprehensive approach ensures that financial success translates into meaningful environmental protection.
Future commitment and sustainable growth
Sello emphasised that SANParks’ strong financial and operational performance in 2024-25 shows its commitment to conservation, sustainable development, and community growth. With a landmark revenue milestone and robust financial position, SANParks maintains impressive performance.
The organisation’s success model offers insights for other African national park systems seeking sustainable financing solutions. With 86% achievement of performance targets, SANParks continues to strengthen its role as a key part of South Africa’s environmental and social landscape.
These achievements reflect the dedication of the team and stakeholders’ efforts to manage South Africa’s national parks sustainably for future generations while fostering inclusive growth and transformation
