NATIONAL COUNCIL OF PROVINCES
WRITTEN REPLY
QUESTION 128
INTERNAL QUESTION PAPER [No 7-2010]
DATE OF PUBLICATION: 26 March 2010
128. Mr R A Lees (DA-KZN) to ask the Minister of Rural Development and
Land Reform:
1) What are the details of the enterprises transferred by Alexkor Limited
to the Richtersveldt Community Property Association (CPA) as a result
of the settlement agreement recently reached between the said company
and the CPA;
2) whether he has formulated any policy to ensure that these enterprises
are sustainable and continue to operate; if not, why not; if so, what
are the relevant details;
3) what are the details of the (a) identities and (b) qualifications of
the persons appointed to manage these enterprises;
4) whether any joint venture agreement has been entered into between the
said company and the CPA; if not, why not; if so, what are the
relevant details? CW155E
THE MINISTER OF RURAL DEVELOPMENT AND LAND REFORM:
1) In terms of the Deed of Settlement that was signed between the
Richtersveld Community, the Government of the Republic of South Africa
and Alexkor Limited on 22 April 2007, it was agreed that the following
farms would be transferred by Alexkor Limited to the Richtersveld
Community:
- The remainder of Farm 1 held by Deed of Title T32346/94
(remaining after the excision of the proposed township of
Alexander Bay, the harbour, the old HMS plant and the land on
which the airport is situated);
- Farm 155 held by Deed of Title T32346/94;
- The remainder of Erf 678 Port Nolloth, held in terms of Deed of
Title T32346/94;
- The remaining extent of the farm Gypsum No 5 held by Deed of
Grant T979/1993;
- The farm Brandkaros No 621 held in terms of Certificate of
Consolidated Title 1691/1993;
- Farm 625 held in terms of Deed of Transfer T6951/94 (after
excision of that portion of which part of the township
Alexander Bay was to be established);
- Portion 17 (a portion of Portion 8) of the farm Korridor Wes No
2 held by Deed of Transfer No 1939/1993; and
- Portion 3 (Beauvallon) of the farm Groot Derm No 10 held in
terms of Deed of Transfer T43637/91 (as equitable relief in
lieu of monetary compensation that was claimed).
It was further agreed that when Alexkor Limited converts its
transitional old order mining rights under the Minerals and Petroleum
Resources Development Act, 2002 (Act No 28 of 2002) into mining rights
contemplated under that Act, it shall transfer the converted mining
rights to the Richtersveld Community, subject to the consent of the
erstwhile Minister of Minerals and Energy. A joint venture would be
formed between Alexkor Limited and the Richtersveld Community in terms
of which Alexkor Limited would contribute its marine mining rights and
the community would contribute the converted mining rights.
2) Yes. They are contained in the trust deed of the Trust that represents
business interests of the Richtersveld Community, and in the Articles
of Association of the Richtersveld Investment Company.
(3)(a) At the time the Deed of Settlement was entered into the
following persons were members of the Richtersveld Investment
Company: William Albertus Farmer, Tseko Vincent Potlane, Maryka
Diergaardt, Ian James Beere, Elizabeth Joahanna de Wee, Deborne
Heinrich Obies, Michelle Eve Basson and Estelle Esme Zwanepoel. The
following persons were appointed as trustees to the Richtersveld
Investment Trust: Julreich Mark Farmer, Joshua Johnathan Joseph,
Roleina Joseph, Carmen Janine Cloete, Christoffel De Wit, James Jacob
Diergaardt, Ian Beere, Obed Vokaeeng Mvula (DRDLR) and Vincent Tseko
Potlaone (National Treasury).
(b) The Deed of Settlement requires that the trustees and the
Directors of the investment company must have investment management or
merchant banking expertise and one trustee must be nominated by the
Minister of Finance in order to assist the trust in financial and
investment decisions
(4) No. The joint venture has not been entered into as the conditions
precedent contained in the Deed of Settlement have not yet been met.