The Sports Trust indicated that their review has uncovered an unfortunate oversight (error) which led to the confusion. Noting that they used the same reporting template and accounting framework for the financial years in question. The indication is that the amounts as mentioned are correctly reflected in the Audited Financial Statements; the error was the incorrect reference to these line items under question but ...
(1)(a). The South African Sports Confederation and Olympic Committee indicated that subsequent to the postponement of the Games, funds were only spent on PR and Media in relation to the Marketing of the Games e.g. 100 days to Olympic Games. The amount spent is R349, 351, 17.
Funding amounting to $60.000 has also been provided to participating National Federations that have a potential to ...
On Sarah Baartman Centre of Remembrance
1(a). The initial budget for the project was R164 386 247.29 and thus far R 221 338 422.72 has been spent since April 2014.
(2)(a).Yes it was necessary for the Department to increase the initial budget based on offers received which were higher than initial budget estimates, and (a) the total amount of R182 418 492.80 was ...
(a). The incomplete projects implemented through DPWI include both the Sarah Bartmann Centre of Remembrance (SBCR) and the installation of Heating Ventilation and Air- Conditioning (HVAC) at the National Archive Building.
On SBCR (Sarah Bartman Centre of Remembrance)
(i) Site was handed over to the contractor to commenced on 14 April 2014.
(ii) Project was supposed to be completed on 14 October 2016. ...
a) The auditors of The Sports Trust since its inception until end financial year 2018 was KPMG. From 2019 to date SizweNtsalubaGobodo-Grant Thornton Inc. has been the auditors as appointed.
b) {i} Covid-19 funds received R10,281,000.00
{ii} The spend has been as per the directive of DSAC to pay the beneficiaries as selected by DSAC through the Department’s governance processes.
c) Delays with the ...
The South African Sports Confederation and Olympic Committee indicated that;
a) (i) Apart from the President, who leads and represents the our National Olympic and Paralympic Committee (SASCOC), no other board member will be taken to the Tokyo Olympics and Paralympics.
(ii) No guests will be taken to the Tokyo Olympic.
(b) Mr Barry Hendricks as President of SASCOC
(c) (i) (ii) (iii) SASCOC ...