Whether his department procured any services from and/or made any payments to (a) Mr Mzwanele Manyi, (b) the Progressive Professionals Forum, (c) the Decolonisation Fund and/or (d) the Black Business Council; if not, in each case, why not; if so, what (i) services were procured, (ii) was the total cost, (iii) is the detailed breakdown of such costs, (iv) was the total amount paid, (v) was the purpose of the payments and (vi) is the detailed breakdown of such payments in each case?
No payments were made nor were any services procured from the persons and organisations referred to in the question.
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Was he consulted by the Competition Commission before it referred a collusion case against 18 banks on charges involving price fixing and market allocation to the Competition Tribunal in February 2017; if so, what was the nature of the consultations?
The investigation by the Competition Commission of collusion involving price-fixing and market allocation in forex transactions has been a matter of public record and was reported in the Commission’s Annual Report tabled in Parliament during 2016. The Commission advised the SA Reserve Bank, Minister of Economic Development as well as the National Treasury when it had completed its investigation, that it would refer the ...
What is the (a) make, (b) model, (c) price and (d) date on which each vehicle was purchased for use by (i) him and (ii) his deputy (aa) in the (aaa) 2014-15 and (bbb) 2015-16 financial years and (bb) since 1 April 2016?
No new vehicles were purchased for the Minister or Deputy Minister in the period referred to in the question.
The vehicles currently used for official purposes were purchased as follows:
- Minister: Toyota Fortuner, bought in March 2010 at a price of R411 373.
- Purpose: for use in Pretoria and in performance of duties in the central and northern parts of the country.
- Minister: Toyota Fortuner, ...
(1)Whether, with reference to his reply to question 1781 on 9 June 2015, an appropriate solution has been found for the reopening of the Sustainable Fibre Solutions kenaf fibre processing plant; if not, (a) why not and (b) are any appropriate solutions being considered; if so, what are the relevant details;
(2) have there been any approaches from any person or entity to purchase the whole or part of the specified plant; if so, what are the details of each (a) approach and (b) outcome;
(3) has the Industrial Development Corporation made any attempt to sell the whole or part of the specified plant; if not, why not; if so, what are the details of all attempts (a) made and/or (b) currently underway to sell the specified plant;
(4) what are the relevant details of the (a) origins and (b) business plan of this project?
The CEO of the IDC has advised as follows:
An appropriate solution has not as yet been found for the re-opening of the Sustainable Fibre Solutions kenaf fibre processing plant. The IDC has, however, commissioned a study whose objective is to explore alternative uses for the kenaf fibre processing plant, the largest and most technologically advanced kenaf processing plant in the world.
Admittedly the ...
(1)With reference to his reply to question 1781 on 9 June 2015, what are the details of the costs to the (a) Industrial Development Corporation (IDC) and/or (b) State of maintaining the mothballed Sustainable Fibre Solutions kenaf fibre processing plant (i) for the 2015-16 financial year and (ii) since 1 April 2016 up to the latest specified date for which information is available;
(2) whether any staff are currently employed at the specified plant; if not, what are the details of (a) measures implemented and (b) costs incurred each month from 1 April 2015 to date in order to secure the specified plant’s assets from theft and vandalism; if so, what are the (i) details of each person employed, (ii) costs to the (aa) plant, (bb) IDC and/or (cc) State of employing the specified staff and (iii) details of the job descriptions of each of the specified persons?
The CEO of the IDC has advised as follows and attention is also drawn to the reply to parliamentary question 65:
“The net cost of maintaining the mothballed operations for the 2015/2016 financial year was approximately R2.5m.
As previously communicated, there are two full time employees looking after the maintenance of the mothballed operations. The total cost of these employees is circa R70 000 a ...
With reference to his statement made during the debate on Vote No 25 – Economic Development, Appropriation Bill in Parliament on 21 April 2016, (a) what are the full relevant details of the (i) gaps, (ii) weaknesses and (iii) possible solutions identified in relation to the Competition Act, Act 89 of 1998, as amended and (b) by what date will his department release proposals in this regard for wider public consultation?
With reference to his statement made during the debate on Vote No 25 – Economic Development, Appropriation Bill in Parliament on 21 April 2016, (a) what are the full relevant details of the (i) gaps, (ii) weaknesses and (iii) possible solutions identified in relation to the Competition Act, Act 89 of 1998, as amended and (b) by what date will his department release proposals ...
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Whether the Presidential Infrastructure Coordinating Commission has unlocked loan funding from the BRICS New Development Bank; if so, (a) for which infrastructure projects and (b) to what Rand value?
The PICC worked with other public entities to enable consideration of South African projects by the National Development Bank.
In 2016, the Bank approved a facility of USD 180 million to Eskom for the construction of transmission lines to connect renewable energy projects and strengthen other strategic transmission lines in Gauteng.
Prepared by: Lynette Milne
Recommended/ Not Recommended
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Mr ...
(1) Whether the Industrial Development Corporation had legal consent from all shareholders to sign off resolutions authorising the share buy-back and reissue scheme affecting a certain company (name furnished) on or around 30 April 2014; if not, why not; if so, what are the relevant details
(2) whether he has found that the authorisation of the specified scheme took place in accordance with the Companies Act, Act 71 of 2008; if not, why not; if so, what are the relevant details;
(3) why was the valuation of the specified company’s shares as valued by a certain company (name furnished) at the request of business rescue practitioners in July 2013 not used to execute the specified scheme in line with section 48 of the specified Act?;
(1) Whether the Industrial Development Corporation had legal consent from all shareholders to sign off resolutions authorising the share buy-back and reissue scheme affecting a certain company (name furnished) on or around 30 April 2014; if not, why not; if so, what are the relevant details
(2) whether he has found that the authorisation of the specified scheme took place in accordance with the ...
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(a) What amount did the Industrial Development Corporation (i) invest in On Digital Media and (ii) lose in the failed venture and (b) what are the full relevant reasons for the specified failure?
(1) (a) What are the names of each so-called politically exposed persons who received a loan from the Industrial Development Corporation (IDC) since 1 January 2009, (b) which company is each of the specified persons associated with and (c) what is the amount of money loaned by the IDC to each of the persons and/or their companies in each case;
(2) whether each of the specified loans due for repayment were repaid to the company on time; if not, (a) why not and (b) what are the renegotiated terms in each case; if so, what are the relevant details?
