Security |
Per month |
Amount Spent from January to September 2015 |
1. Internal |
R45,417.00 |
R408,753.00 |
2. External |
||
(a) Metro Security Services (3.5 months only) |
R239,474.61 per month |
R838,161.15 |
(b) Eagle Eye Security Services and Guarding (monthly) |
R622 634.60 per month |
R5,603,711.40 |
Total (9 Months) |
R6,850,625.55 |
(b) The table below provides details of each external firm:
Name of the Firm |
Number of Guards |
Grades |
Commencement Date |
Termination Date |
Metro Security Services |
20 |
A, B, C and D |
26 January 2015 |
15 May 2015 |
Eagle Eye Security Services and Guarding |
52 |
A, B, C, D and E |
1 March 2014 |
28 February 2017 |
NB: It should be noted that Metro Security Services was only appointed to bolster security at
EMC during the unrest.
2) (a) The current operating budget deficit for 2015 is R9.9 million which excludes non-cash items totalling R14.5 million for depreciation and bad debts.
(b) The budget deficit is predominantly attributable to extraordinary items not budgeted for such as strike related costs in terms of security, repairs to property, legal fees, etc.
(c) Following the conclusion of the employees’ industrial action and restoration of normal operations, a budget review will be undertaken. Whilst there were exceptional strike related costs, there were also savings on certain expenditure items that will mitigate the deficit. A revised budget, including virements will be presented to the College Council before the end of the financial year.
3) Funds from the National Student Financial Aid Scheme have not been utilised by the College for any purposes other than student bursaries.
Compiler/Contact persons:
Contact number:
DIRECTOR – GENERAL
STATUS:
DATE:
REPLY TO QUESTION 3492 APPROVED/NOT APPROVED/AMENDED
Dr BE NZIMANDE, MP
MINISTER OF HIGHER EDUCATION AND TRAINING
STATUS:
DATE: