1. (a) The University of Zululand (UniZulu) has provided the following information indicating that nine (9) houses were purchased for executive staff members as reflected in the table below:
(b) |
(i) Name of Executive who occupies the house |
(ii) Cost |
(iii) When was each house built |
(iv) Amount spent on furnishings |
1 |
Vice-Chancellor |
R5 000 000.00 |
February 2016 |
The total amount spent on all furnishings were R1 329 566.00. Average amount spent per property was R147 729.55. |
2 |
Registrar |
R2 100 000.00 |
||
3 |
Executive Director: Human Resources |
R2 600 000.00 |
||
4 |
DVC: Research and Innovation |
R2 750 000.00 |
||
5 |
DVC: Institutional Support |
R3 100 000.00 |
||
6 |
DVC: Teaching and Learning |
R2 950 000.00 |
||
7 |
Executive Director: Institutional Planning |
R3 000 000.00 |
March 2016 |
|
8 |
Executive Director: Finance |
R2 700 000.00 |
One additional house is currently under construction for an amount of R700 000.00. The University has not indicated which executive staff member will occupy this house.
2. The average mid-level income rental in Mtunzini ranges between R10 000.00 to R20 000.00 per month. If the University had rented the 9 properties instead of purchasing the properties as an investment, the University would have spent approximately R10 500 000.00 on rentals for executives over a 5-year period, which is made up as follows:
Rental allowances |
Unit |
Rate |
Total |
Vice-Chancellor |
1 |
R25 000.00 pm x 60 months |
R1 500 000.00 |
Deputy Vice Chancellors |
3 |
R20 000.00 pm x 60 months |
R3 600 000.00 |
Executive Directors |
5 |
R18 000.00 pm x 60 months |
R5 400 000.00 |
Totals |
9 |
R10 500 000.00 |
The total cost of the properties amounted to R24.2 million, which the University has argued that over the long term this is a good investment to ensure that there is an effective retention strategy for executive staff members.
COMPILER DETAILS
NAME AND SURNAME:
CONTACT:
RECOMMENDATION
It is recommended that the Minister signs Parliamentary Question 2669.
MR GF QONDE
DIRECTOR–GENERAL: HIGHER EDUCATION AND TRAINING
DATE:
PARLIAMENTARY QUESTION 2669 IS APPROVED / NOT APPROVED / AMENDED.
COMMENTS
PROF HB MKHIZE, MP
MINISTER OF HIGHER EDUCATION AND TRAINING
DATE: