According to information received from Alexkor, Denel, Eskom, SAFCOL, Transnet and SAA:
ALEXKOR |
Alexkor and the PSJV do not hold or plan to hold any investment stakes in any commercial entities located in foreign jurisdictions. |
DENEL |
1. Not applicable 2. (a)(i) Entity1: Barij Dynamics (49%) (ii) R22 858 500 (a)(i) Entity 2: Pioneer Land Systems (49%) (ii) R0 (b) Barij Dynamics R91 953 908 (b) Pioneer Land Systems R0 |
ESKOM |
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SAFCOL |
(ii) Equity: R8 433 539
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TRANSNET |
Gaborone Container Terminal (GABCON) Botswana Railways (BR) and Transnet (trading as Spoornet) entered into Memorandum of Agreement (MOA) on 16 August 1996. BR and Transnet agreed to build a new container terminal at a cost of R14million, where each party contributed equally. Further, it was agreed that a 50:50 Joint Venture Agreement (JVA) would be created to manage total investments for both parties. |
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Country of Registration: |
Botswana |
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Strategic Objectives: |
Regional Container Terminal Hub |
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Shareholding: |
Botswana Railways (64%) and Transnet SOC Ltd (36%) |
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Dividends realised to date. |
R5,4million |
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SAA |
However, we see from the attached news coverage that 20% stake in SAA, along with an option for a further 10% was sold to Swissair in June 1999 for R1,4-billion (about $200 million at the time) as part of the government’s privatisation process. The South African government is to buy back the 20% stake in the country’s national carrier, according to the then Minister of Public Enterprises, Mr Jeff Radebe, under government’s transport subsidiary Transnet. SA to buy back 20% Swissair stake in SAA - The Mail & Guardian (mg.co.za)
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Remarks: Approved / Not Approved
Jacky Molisane PJ Gordhan, MP
Acting Director-General Minister
Date: Date: