DEPARTMENT: PUBLIC ENTERPRISES
REPUBLIC OF SOUTH AFRICA
NCOP
QUESTION FOR WRITTEN REPLY
QUESTION NO.: 324
DATE OF PUBLICATION: 22 June 2012
324. Mrs E C van Lingen (DA-EC) to ask the Minister of Public Enterprises:
With reference to the R350 million allocated to Alexkor in order to settle
outstanding obligations under the Alexkor/Richtersveld community deed of
settlement as tabled in his 2012 budget vote speech, (a) what are the (i)
details of and (ii) reasons for the additional amount of R350 million, (b)
which section of the deed of settlement is being addressed by this amount,
(c) which section of the (i) community and (ii) business entity will be the
beneficiaries, (d) what amounts have been paid in terms of the entire
settlement deed since the start, (e) to which (i) beneficiaries and/or (ii)
business entity of the Richtersveld community, (f) under which section of
the settlement deed, (g) on which dates, (h) which commitments of his
department are still outstanding according to the settlement deed, (i) at
what cost to his department and (j) by when must it be completed? CW426E
Reply:
(a)(i-ii) Alexkor submitted an application in the 2012/13 Medium Term
Expenditure Framework (MTEF) to the Department for funding to address
obligations related to the 2007 Deed of Settlement and for future growth
prospects. Alexkor received an allocation of R350 million from the National
Treasury to address only the obligations of the Deed of Settlement.
(b) The allocation is in terms of section 7 of the Deed of Settlement.
(c)(i-ii) This amount has been earmarked for the settlement of the costs
for the right of occupation of residential properties, payment of tax,
environment and post-retirement liabilities.
(d) Money paid to Alexkor since the start to date:
⢠R47.3 million for township and land claim obligations
⢠R200 million for PSJV capitalisation
⢠R95 million for township establishment
⢠R190 million for extraordinary reparation to the Richtersveld
Community Investment Holding Company
⢠R50 million for the recapitalization of the agricultural and
maricultural enterprises
⢠The R350 million allocations will be disbursed during the 2012/13
financial year.
(e)(i-ii) All funds were paid to Alexkor to be utilised towards their
agreed projects. Alexkor was not involved in the receipt of funds on behalf
of the community.
(f) Township Establishment â Section 7
Initial cost contribution (PSJV) â 8.3.14
Settlement implementation â Section 16
(g) Township Establishment
⢠11/12/2006
⢠03/11/2008
⢠30/09/2009
⢠08/10/2010
Initial cost contribution (PSJV)
⢠17/03/2009
⢠29/03/2010
Settlement implementation (MOU funds for settlement)
⢠19/01/2007
h) Establishment of a formal township in terms of the Northern Cape
Planning and Development Act, 1998 at Alexander Bay.
(i) None.
(j) It is envisaged that the establishment of the township will be
completed during the 2012/13 financial year, if all necessary approvals are
received on time.