Monday, October 31, 2011

Freedom of expression not under threat

Pretoria - Deputy President Kgalema Motlanthe has reiterated government's commitment to the Constitution, saying it had no intention of doing anything to undermine freedom of expression.

"Our democracy is not only based on the Constitution but it is also underpinned by the principle of judicial review. Government is committed to continue conducting its public work transparently, as well as facilitating access to information for the public," said Motlanthe.

Addressing a meeting between government and the South African National Editors' Forum (SANEF) on Friday, Motlanthe noted that with SA increasingly playing a key role in international relations, it had become increasingly important for the public to understand some of the complex issues that related to the country's foreign policy.

"Government and the media can work to enlighten the people on these complex issues."

The two-day high-level meeting between the executive and senior leaders of the media started on Friday and aimed to maintain good working relations between government and the media.

Motlanthe stressed that both government and the media had a common responsibility to promote a free, open and democratic society. He said South Africa had made great strides and remarkable progress in creating an environment in which the media was free to operate without intimidation or harassment.

However, he acknowledged more still needed to be done.

"... There is still room for improvement in our communication with the public... this weakness will be corrected urgently."

Echoing Motlanthe's sentiments, Minister in the Presidency for Performance Monitoring, Evaluation and Administration, Collins Chabane said the media had a responsibility to inform citizens accurately about what was happening within and outside the country.

"Government has to ensure that the media has access to accurate information timeously to ensure that it is transmitted to the citizens properly with its intended objectives. The media also has to ensure that there is fairness and accuracy in its reporting, especially in a young democratic state like ours.

"The media needs to further ensure that facts are verified and stories are balanced enough to allow the consumers of news to exercise their discretion and make up their minds about information placed before them."

SANEF chairperson Mondli Makhanya highlighted the importance of such meetings, saying they helped to build trust between the government and media.

"These two institutions are vital in South Africa and committed to create a robust and healthy South Africa. There are areas we share common interests and even when we fight, it should not be hostile or war."

The meeting concluded that government and the media had to establish and sustain mutual trust and respect to help consolidate the democracy envisioned in the Constitution.

It further highlighted that engagement between government and South Africa's news media should be directed towards assisting the country's continuing transition from apartheid to democracy, and building national pride and self-belief, without stifling critical public debate.

This was the sixth high-level consultation between the parties since 2001. - BuaNews
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Saturday, October 29, 2011

Applications for NGO funding close on 4 November 2011

Media statement by Albert Fritz, Western Cape Minister of Social Development: Applications for NGO funding close on 4 November 2011

28 Oct 2011

Following the recent advertisements in the print media, calling for proposals from non-governmental organisations (NGOs) wanting to be considered for funding by the Department of Social Development, I want to remind NGOs that the closing date for these applications is 16:00 on Friday, 4 November 2011.

When I took office in this position, I committed myself to ensuring that our services reach those who need it most. However, a government on its own cannot render all the services our citizens need. For this we rely on NGOs to partner with us in order to create communities in which all citizens have access to services. NGOs are funded with taxpayers money, and as such, I also want to ensure that taxpayers receive value for their money.

To this end, I appeal to NGOs to include as much detail of their proposed programmes and the people who will benefit from the services rendered. A funding panel will evaluate all proposals and work with tried and tested funding models, to ensure that projects that speak directly to our strategic objective of social inclusion and poverty reduction, receive adequate funding. There is no room for corruption and favouritism in my department. Applications will be evaluated on their merit, and the process will be guided by the strategic objectives of the Western Cape Government, in realising the open opportunity society for all.

Applications will not be accepted at our local offices. The process has been streamlined to allow better tracking of applications, every step of the way. It is therefore imperative that applications are handed in at one of the six Regional Offices, relevant to the area in which the operation/facility is physically located.

Guidelines on how to formulate the application are available on our website: www.westerncape.gov.za

Media enquiries:
Melany Kühn
Spokesperson
Cell: 078 887 7004
Tel: 021 483 5445
E-mail: mkuhn@pgwc.gov.za

Issued by: Western Cape Social Development
28 Oct 2011

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Adjustment to the fuel price: Wednesday, 2 November 2011

28 Oct 2011

Based on the fuel price information available to the Department of Energy as at 28 October 2011, the following fuel price adjustments will become effective on Wednesday, 2 November 2011:

  • Petrol (95 ULP and LRP) will increase by  23.00 c/l;
  • Petrol (93 ULP and LRP) will increase by 23.00 c/l;
  • Diesel (0.05% sulphur) will increase by 36.00 c/l;
  • Diesel (0.005% sulphur) will increase by 36.00 c/l;
  • IP (wholesale) will increase by 41.00 c/l;
  • Single Maximum National Retail Price (SMNRP) will increase by 55.00 c/l; and
  • Maximum Retail Prices of LP Gas will increase by 34.00 c/kg.

During period under review, the average International product prices of Petrol, Diesel and Illuminating Paraffin decreased.  The average Rand/US Dollar exchange rate weakened when compared to the previous period. The average Rand/US Dollar exchange rate for the period 30 September 2011 to 27 October 2011 was 8.0012 compared to 7.5657 during the previous period.  The deterioration of the Rand against the US Dollar increased the contribution to the Basic Fuel Price on petrol, diesel and illuminating paraffin by 33.97 c/l, 35.82 c/l and 35.58 c/l respectively .

The Single Maximum National Retail Price for Illuminating Paraffin changes on a monthly basis and is promulgated in the Government Gazette.  The Single Maximum National Retail Price for the period 02 November 2011 to 06 December 2011 will be 100.7 c/l compared to 952.0 c/l for the period 05 October 2011 to 01 November 2011, that is an increase of 55.00 c/l.  The maximum refinery gate price will be R8 153, 54 per metric ton (452.52c/l), excluding VAT, for the period 02 November 2011 to 06 December 2011.

Enquiries:

Johannes Mokobane
E-mail: johannes.mokobane@energy.gov.za
Tel: 012 444 4612

Thandiwe Maimane
E-mail: mediadesk@energy.gov.za
Tel: 012 444 4335

Issued by: Department of Energy
28 Oct 2011

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Wednesday, October 26, 2011

ASHBURTON RANKED TOP IN GLOBAL ASSET ALLOCATION BY PLEX CROWN

Ashburton, the Jersey-based active investment management company, achieved another successful quarter in the latest PlexCrown ratings for FSB-approved offshore collective investment schemes.

Ashburton was named top offshore investment manager in the Global Asset Allocation category for the third quarter of 2011 by the PlexCrown Fund Ratings’ survey. They were also placed first in the USA Equity, Europe Equity and Japan Equity categories. Ashburton was runner-up in the overall offshore category, beating the likes of Investec, Standard Bank, Alexander Forbes and Allan Gray Orbis.

Three of Ashburton’s five asset management funds – the Global Euro Asset Management, Replica Euro Asset Management and Replica Dollar Asset Management Funds – received the maximum five PlexCrowns in the independent ratings by South Africa’s leading retail unit trust fund-rating agency.

Capping this excellent performance was the recognition by PlexCrown of Ashburton’s Replica Euro Asset Management Fund as the leading fund in the Global Asset Allocation category.

According to Managing Director, Peter Bourne, the achievements reaffirm the value of Ashburton’s rigorous and multi-disciplinary investment process, particularly during challenging economic times. “For the first time in this phase of this protracted crisis, that has its roots in the Lehmans firestorm of 2008, emerging markets have been dragged into the fray,” Bourne said, “South African investors have also experienced some rand weakness, which has highlighted the opportunity that is afforded by a diversified, global approach to wealth preservation.”

Tristan Hanson, Head of Asset Allocation at Ashburton concurs. “It has been a particularly challenging period for investors in recent months. More so than usual, market direction has been driven by political decisions, which creates great uncertainty. In such an environment, a flexible and unconstrained approach is essential for managing risk.”

Both agree that while concerns in Europe, the US and China still need to be resolved, and volatility is likely to remain high for some time, the recent sell-off in markets creates opportunities and presents the possibility of better returns ahead.

The complete PlexCrown Survey and methodology is available at www.plexcrowns.com.

 

Ends.

 About Ashburton

Ashburton, the active asset management arm of the FirstRand Group, is based in Jersey, the largest of the Channel Islands. Ashburton is an active investment manager, delivering a focused range of products to intermediaries, institutional investors and private clients. Their distinctive investment philosophy is built on a long tradition of providing consistent returns and superior client service. They apply an active and unconstrained methodology throughout their range of funds and across multiple asset classes. Ashburton's team of investment professionals embraces the freedom of thought and capacity for bold and insightful action that has enabled them to nurture and build wealth for clients for more than a quarter of a century.

 

Ashburton is headquartered in Jersey (Channel Islands), with representative offices in Cape Town, Johannesburg and London.

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City of Cape Town (South Africa) has been designated the World Capital Design® (WDC) 2014.

Taipei, Taiwan (Chinese Taipei) – The International Council of Societies of Industrial Design (Icsid) announced today, that the City of Cape Town (South Africa) has been designated the World Capital Design® (WDC) 2014. The designated city was revealed on the closing day of the International Design Alliance Congress in Taipei. Cape Town is the fourth city to hold this biennial appointment and marks the first for the African continent.

Awarded to cities based on their commitment to use design as an effective tool for social, cultural and economic development, the WDC has become more than just a project or a programme. Today, it is a global movement and serves to acknowledge that design can, and does, impact the quality of human life. Icsid President and Member of the Selection Committee Dr. Mark Breitenberg stated, “It is encouraging to see how Cape Town plans to use design as a tool to solve urban challenges. I am confident that this new member of the WDC family will demonstrate to the world how design is expanding in application and influence.”

For Cape Town, the WDC appointment comes exactly two decades after reaching democracy. “2014, then, is the moment when the past and the future will come together for Cape Town, in contemplation and in action,” stated Executive Mayor of Cape Town, Ms. Patricia de Lille. “It is a reflection of how the city has socially and physically reinvented itself.” Cape Town’s vision of design is based on socially responsible design, sustainability and innovation. As part of their bid, the theme “Live Design. Transform Life” was introduced in support of Cape Town’s objective to focus on enhancing the city’s infrastructure to make it a more liveable African City.

Shortlisted candidate cities, Bilbao (Spain) and Dublin (Ireland) also mounted compelling bids. “The decision for the Selection Committee was not easy given the high calibre of the bids that were considered amongst the final candidates,” added Dr. Breitenberg. “The promise of Cape Town’s approach to broaden the scope of the World Design Capital and shape the future of this initiative, were the deciding factors that ultimately led to the city’s appointment for 2014. Cape Town has the strongest claim on a new chapter for Icsid as the World Design Capital. The story of transformation is about sustainability, urban development and embracing a global community in light of its drive to improve its social and economic environment. We expect tangible benefits will be reaped to help reposition Cape Town on an international scale.”

Cape Town is a growing and vibrant city, where design has for decades been a significant factor in its desire to build an open city. The marriage of need and innovative design has resulted in unique solutions to address the issues of a developing city. Design in Cape Town is also reaching beyond city limits by aspiring to become the design hub for South Africa and for the African continent.

Ms. De Lille concluded her acceptance of the WDC designation by saying, “We are grateful for the World Design Capital bid process and title. It has helped to bring different initiatives together and has made us realise that design in all its forms, when added together, creates human and city development. We look forward to learning from other cities that are using design as a tool for transformation, including designated cities Torino, Seoul and Helsinki and our fellow shortlisted cities, Dublin and Bilbao. We are honoured to have been considered with them.”

The City of Cape Town will follow the examples past World Design Capitals to develop an engaging programme for 2014.

- 30 -

For more information, please contact:

Ms. Dilki de Silva
Icsid Secretary General
t: +1 514 448 4949 ext. 227
e: ddesilva@icsid.org

Ms. Natalie Dutil
Icsid Communications Officer
t: +1 514 448 4949 ext. 223
e: ndutil@icsid.org

Ms. Bulelwa Makalima-Ngewana
Managing Director
The Cape Town Partnership
t: +27 (0)21 419 1881
e: bulelwa@capetownpartnership.co.za

About the World Design Capital® (WDC)
While there are many awards that recognise individual accomplishments in design, the World Design Capital designation is unique as it aims to focus on the broader essence of design’s impact on urban spaces, economies and citizens. The designation provides a distinctive opportunity for cities to feature their accomplishments in attracting and promoting innovative design, as well as highlight their successes in urban revitalisation strategies. Past cities to hold the title include Torino (Italy) in 2008 www.torinoworlddesigncapital.it/portale/en and Seoul (South Korea) wdc2010.seoul.go.kr/eng/ in 2010.
www.worlddesigncapital.com

The City of Helsinki (Finland) is currently preparing to unveil its programme for 2012 under the theme of Open Helsinki: Embedding Design in Life www.wdc2012helsinki.fi/en.

About the International Council of Societies of Industrial Design (Icsid) 
The International Council of Societies of Industrial Design (Icsid) is a non-profit organisation that protects and promotes the interests of the profession of industrial design. Founded in 1957, Icsid serves as a unified voice of over 50 nations through which members can express their views and be heard on an international platform. Since its inception, Icsid has continued to develop its wide-reaching network of students and professionals devoted to the recognition, success and growth of the industrial design community. Together, professional associations, promotional societies, educational institutions, government bodies and corporations create a comprehensive and diverse system on the forefront of industrial design education and progress.
www.icsid.org 

About the WDC 2014 Selection Committee
The international selection committee for the 2014 designation consists of Dr. Mark Breitenberg, Icsid President and Provost at California College of the Arts (USA); Edna dos Santos-Duisenberg, Chief, Creative Economy Programme of the United Nations Conference on Trade and Development – UNCTAD; Jeremy Myerson, Director and Chair of the Helen Hamlyn Centre at the Royal College of Art (United Kingdom); Kohei Nishiyama, Founder and CEO, elephant design co. ltd., Founder of CUUSOO.com (Japan) and Jussi Pajunen, Mayor of the City of Helsinki (Finland).

Tuesday, October 25, 2011

Minister Mthethwa urges police to utilise vehicles effectively

25 Oct 2011

The Minister of Police, Nathi Mthethwa today stressed the need for police officers to efficiently utilise their tools of trade effectively, including police vehicles in the fight against crime; in order to optimally achieve their objectives.

The Minister made this call as reference to a Parliamentary reply on the optimal and current number of police vehicles for each police station in each province across the country. Police vehicles are State-properties and should at all times be effectively utilised by police officers.

“During our on-going public participation programme, the most common issue raised by communities is the perceived lack of speedily response by police when called to report to crime callouts. In some instance this is as a result of the lack of resources, including vehicles but in other instances, it is purely a management system in terms of administrating these vehicles,” stated the Minister.

“We have been emphasising to SAPS management the aspect of equitable distribution of resources, including vehicles, but more importantly to ensure that these are used to serve communities. To this end we also want to emphasise that those who abuse such resources, that stricter and harsher measures are taken against them.

We cannot provide communities with excuses when it comes to fighting crime, it is our conviction, our duty to serve and we have to do it smarter and faster,” concluded Minster Mthethwa.

Below is a table of police vehicles per province with their actual number of active vehicles as on August this year. In his reply, he stated that the numbers exclude specialised units placed at station level.

The South African Police Service in a process to compile issuing criteria which will determine per function the number of vehicles per members (optimal). The department is also in a process to develop allocation criteria which will address the type of vehicle to be allocated to specific geographical areas.

Province

Current Active Vehicles as per the Asset Register on 31/08/2011 

Eastern Cape

3843

Free State

1848

Gauteng

5524

KwaZulu- Natal

4357

Limpopo

2659

Mpumalanga

1410

North West

1446

Northern Cape

985

Western Cape

4436

For enquiries, please contact:
Zweli Mnisi
Cell: 082 045 4024

Issued by: South African Police Service
25 Oct 2011

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Minister Mthethwa assures South Africa that fighting crime continues

25 Oct 2011

Minister Mthethwa urges Acting Police Commissioner and management to ignore negative commentary keep focus on criminals, nothing else.

The fight against crime will continue, police must keep their eyes firmly on the trail of criminals and the South African Police Service (SAPS) will continue to function as efficiently and expeditiously as it is expected to.

This is an undertaking and an assurance given by the Minister of Police, Nathi Mthethwa today following his meeting with the newly-appointed Acting National Commissioner of Police, Major-General Nhlanhla Mkhwanazi and the senior management of the SAPS in Pretoria.

This follows yesterday’s announcement by President Jacob Zuma of the suspension of General Bheki Cele pending a board of inquiry and the subsequent appointment of Acting Commissioner, General Mkhwanazi. Post the announcement, various so-called security experts and analysts have questioned General Mkhwanazi’s credentials and fitness to hold office; and in some instances, faceless senior SAPS management have been quoted in certain newspapers.

“I met with General Mkhwanazi and the senior management of the department earlier with one clear message: that the fight against crime must and will continue. As the police leadership and management we will not be distracted by some negative comments and I have asked this team to keep their eyes firmly focused on the challenge that lies ahead, which is to ensure that we keep South Africans safe, nothing else.”

Minister Mthethwa said it is unfortunate that whilst General Mkhwanazi had yet to spend a day in office, there were already some who began peddling negative remarks, around his seniority, experience and age. “This is a tried-and-tested cop. The fact of the matter is that we are not talking about a junior constable here. General Mkhwanazi has grown through the SAPS ranks having excellently distinguished himself in various key components including the National Intervention Unit, Air Wing, Public Order Policing to mention but a few. So he is not a mafikizolo (newcomer).”

“The very same people who are questioning his credentials would in any way, have moaned had the President appointed someone who was outside the SAPS ranks that is for sure. I have urged him to remain focused on the tasks ahead; as he steers this SAPS ship with diligence. I remain confident that together with his colleagues, they will rise to the occasion,” stated the Minister.

Minister Mthethwa reiterated his unequivocal support to the entire SAPS management assuring them that he will continue to interact with them, anytime, anywhere on any issue. He also urged all law-abiding South Africans to continue to support the management and police in the fight against crime as they had been doing.

For enquiries, please contact:
Zweli Mnisi
Cell: 082 045 4024

Issued by: South African Police Service
25 Oct 2011

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Fwd: Media Release_Suspension of decision to cancel mining right/Re-Commencement of Central Rand Gold`s mining operations


MEDIA RELEASE

 

Central Rand Gold Limited - Suspension of decision to cancel mining right/Re-Commencement of Central Rand Gold`s mining operations                 

 

The Minister of Mineral Resources of the Republic of South Africa ("the Minister") has consented to the temporary suspension of her decision to cancel the mining right granted to Ferreira Estate and Investment Company Limited ("FEIC"), the registered holder of Central Rand Gold`s mining right under departmental reference number GP30/5/1/1/2/140MR ("Mining Right"). The suspension of the Minister`s decision to cancel the Mining Right, which is welcomed by the management and staff of Central Rand Gold, is effective immediately and is enforced in terms of the order of court ("the Order") granted by the North Gauteng High Court, Pretoria ("High Court") on 24 October 2011. A copy of the Order is available for download from the Company`s website: www.centralrandgold.com ("website"). The effect of the Order means that mining operations can immediately be resumed as an interim arrangement while Central Rand Gold, on behalf FEIC, pursues final relief in the High Court to review and set aside the Minister`s decision to cancel the Mining Right pursuant to a notice delivered to FEIC on  22 September 2011. These review proceedings have already been instituted against the Minister and her departmental correspondents, as advised in the announcement dated 13 October 2011.

 

The Minister and her co-respondents have given notice of their intention to oppose the review application, which must take its course in terms of part B of the Notice of Motion, which is also available for download from the Company`s website. FEIC is currently awaiting the record of proceedings before the Minister ("record") which resulted in her decision to cancel the Mining Right, together with such reasons therefore. The aforesaid record and reasons, which the Minister is required by law or may desire to give, must be dispatched within 15 court days of the above Order.  After receipt of the record, FEIC will have an opportunity to supplement its    founding papers. Thereafter, the Minister and her co-respondents will become obliged to deliver their answering affidavits within 10 court days after receipt of these amended founding papers. Further updates regarding the status of the litigation will be announced upon each material milestone leading up to a hearing date and the final outcome of   the proceedings.                      

 

____________________________________________________________________________

Issued on behalf of                         :               Central Rand Gold                                          

 

Wednesday, October 19, 2011

Possible tax legislation changes and how it affects employee benefits

The proposed tax changes that may affect employee benefits look to take effect only in 2013. Announcements were made in the Budget speech, while at this stage there is no draft bill; there is a clear indication from National Treasury of the changes that may well take place, according to Andy Clark, Head of Benefit Consulting at Liberty Corporate Consultants and Actuaries. Clark offers some insights as to what employees can expect with respect to their benefits.

1. The state will work towards giving the employee less flexibility around managing their savings in provident funds at retirement, suggests Clark. “Employees will most likely be forced to take out an annuity with at least two thirds of the fund value, with the one third balance being available for cash”. By structuring the funds at retirement in this way, the employee is provided with some continued income during their retirement years. The ability to encash the full savings earned to date will still remain, which means no need to panic with rights attached to current benefits.

As Clark points out, South Africans do not follow a strong culture of saving. What often happens is people receive a lump sum payout and tend to spend the total amount, leaving them reliant on the state during their retirement years. “Government wants to encourage responsible money management amongst the population, therefore easing the burden on the state,” explains Clark.

2. As the law currently stands, contributions by employers to pension or provident  funds are still tax deductible up to 10% of his employees’ retirement funding income  (in practice up to 20% is allowed without question) in addition to 7.5% deductible as member contributions to pension funds. A further 15% of non retirement funding income is deductible if paid to a retirement annuity. There is a need to equalize the treatment of pension and provident fund and remove the retirement funding income distinction. “As announced by the Minister of Finance in his budget speech this year, the proposal is that tax deductibility be taken away from employers and shift to employees, at around 22.5% of taxable income, with a ceiling of R200 000 per annum,” says Clark. Where clarity is also required is where costs like administration fees and insured death/disability benefits are implied. It is uncertain whether these will shift to the employee over and above the 22.5% rate. This is obviously a concern in terms of how defined benefit funds will be treated where the employer pays the balance of costs.

The question then is whether it will still be attractive for employers to arrange for a group scheme to be implemented. “Absolutely,” confirms Clark. “Operating costs will almost certainly be less than individual retirement initiatives, thereby possibly resulting in a greater proportion of the employees’ contributions being allocated to retirement funding. Under certain Funds, however, the benefit could simply be lower fees, but that would mean more money in the employees’ pockets. There are also likely to be cost savings because on group risk schemes there is often one group aggregate cost that is probably more attractive than individual rates, particularly for older members.” No underwriting (restriction) of benefits applies up to a high salary level (free cover limit) in group schemes which is beneficial to the few individuals in a company who may be able to access insurance at affordable rates. “Under a group scheme, members will always be covered for whatever the free cover amount is as a limited benefit value. This is an added incentive for employers to maintain group schemes,” says Clark.

By the same token, the onerous burden of the administration process is taken away from the individual if an employer manages their scheme. The employer’s role remains key even though the model is shifting towards the employee. “The shift is essentially for tax efficiency purposes,” says Clark.  “So it’s important that one continues with the group scheme for all the abovementioned reasons.”

 

3. Whilst not discussed in the Minister of Finance’s speech earlier this year, the National Treasury’s papers on Social Security and Retirement Reform do discuss the possibility of the compulsory preservation of benefits. The new legislation may cover this matter and may also allow consumers’ partial access to their retirement funds should they satisfy certain ‘emergency’ criteria. But who and what determine an emergency? Clark says this would refer to situations where a person needs urgent access to funds in an emergency situation, for example if they were to be compulsorily retrenched. “There’s little point in keeping funds inaccessible if it’s required,” he says.

Regulation 28 – what does this mean for the industry?

“Regulation 28 in fact already exists and prescribes the prudential investment of retirement funds to certain types of assets. The regulation also specifies what those limitations per asset type are,” says Clark. The revisions to the regulation were required due to the complex financial structures available to consumers nowadays; far more intricate than say ten years ago. Legislation was required to manage these structures and revised Regulation 28 introduces key principles to assist trustees in the decision-making process. These include compliance, the requirement for each fund to have an investment policy statement, education (to trustees and members), monitoring of compliance, insuring that assets are appropriate for liabilities, due diligence (local and offshore managers, assets, instruments), understanding the changes in risk profile of liabilities and consideration of factors that may affect long-term performance.

4. Most importantly, the new Regulation 28 requires compliance at a member level, whereas previously this was at an aggregate fund level.

Clark says in the future each fund will require a documented investment policy statement. “Effectively this would be a statement by the fund itself outlining how money is being invested amongst other matters.” Where compliance was not previously required by law, now it will be, meaning tighter legislation and therefore far better protection for the consumer. “The proposed regulation highlights the fiduciary duty of trustees to act in the best interest of members by ensuring a responsible investment approach and sustainable long-term performance of its assets. It will be imperative that Trustees seek expert advice as regards the investments of the Fund where they may lack sufficient expertise”, says Clark.

“The regulation will hopefully ensure savings are invested in a prudent manner, thus safeguarding the assets with an acceptable level of risk.  This complements the tighter controls already mentioned.

-ENDS-
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European instability could hamper growth in emerging markets, IMF

The International Monetary Fund (IMF) sees South Africa as the key driver for growth in the African continent but was quick to raise concerns about the country’s high unemployment levels. This came out at a recent IMF convention attended by STANLIB’s Chief Economist Kevin Lings.

A key recommendation was that South Africa must increase investment into infrastructure that supports business growth. If the country aims to grow the economy at above average rates, investments into rail infrastructure will have to be increased along with port capacity.

The IMF noted that emerging markets have sustained growth levels despite negativity in the markets. Lings pointed out that emerging economies are seen as engines of growth hence, countries such as Brazil, India and China will continue to shape the agenda in global economic affairs.

“The Eurozone economic crisis has destabilised the global economy, growth levels in developed economies remains subdued. There is, however, a realisation among Europe’s power houses that robust economic restructuring needs to be implemented. While implementation may take time, there’s a need for greater centralisation of the expenditure of governments across the region.” said Lings

The structural problems in the US economy coupled with the European crisis are likely to suppress economic performance even further, unless aggressive remedial action is taken. The markets will remain volatile for much of the foreseeable future as investor sentiment remains apprehensive across the world’s advanced economies.

“If Europe goes into a full recession all emerging economies, including South Africa, will suffer and for this reason emerging economies have been involved in dialogues to try and find solutions.” added Lings.

According to Lings, South Africa will have to bolster efforts to improve small business, because a competitive SMME sector will absorb large numbers of the unemployed into the mainstream economy and in so doing grow the economy.

The global investor market remains optimistic about Africa, the continent recorded above average growth levels in the last 10 years, mainly driven by demand for commodities in the East. Lings said there was doubt if the growth levels could be sustained amid shrinking growth levels in the global economy. There is some optimism about the continent, but corruption and a lack of investment into education could cause regression in achievements made thus far.

-ENDS-
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MEC Cronjé launches Sukuma Sakhe at Impendle

19 Oct 2011

The KwaZulu-Natal (KZN) government initiative to govern at household level is visible and is changing people’s lives for the better at rural Impendle. This initiative is part of the provincial government’s Flagship Programme known as Sukuma Sakhe aimed at integrating the work of all departments to focus on solving community problems on the ground, starting with areas of abject poverty and making a difference by partnering with the communities.

The household visits yesterday, prior to the official launch of the Operation Sukuma Sakhe by Impendle Local Municipality Mayor, Mr Sizwe Ndlela and MEC for Finance, Mrs Ina Cronjé who is the Political Champion for uMgungundlovu District, was a visual evidence for the progress of a job-well done.

His life will never be the same, thanks to Operation Sukuma Sakhe:

The first stop was at kwaKhetha area, at the unemployed Moses Madlala’s house. He is 39 and had to drop out of school because his parents could not afford his education at that time when there were no ‘no-fee-schools’ in the country. He used to collect steel and metal to sell to the local scrap yard. With the little money that he collected, he managed to build his own small recording studio at home which he calls Moslet Sound Entertainment.

Madlala uses his small studio to record and produce music for the local youth in a bid to take them away from the streets and bad habits. Out of nothing, he managed to produce ten albums for local artists last year. “Our main challenge is distribution. Our music is so popular here such that we are failing to meet the demand from the retailers,” said Madlala (076 352 8859).

Through Operation Sukuma Sakhe which goes house to house rooting out challenges at household level, the KZN Music Warehouse was wrapped in to assist Madlala with training and music distribution.

The Head of Marketing for the KZN Music Warehouse Mr Thabang Mofokeng (072 772 0853) who was also part of the visiting delegation said, “we will assist Madlala with licensing contract or agreement to distribute and market his music because he has already recorded and produced his music”.

MEC Cronjé said that this is a living example of what is encouraged by the KZN government’s Operation Sukuma Sakhe.

“Communities are encouraged to do it for themselves. Further to that the government will come to your household and know you in person as a citizen then work together with you as an individual to root out poverty and hunger in our province. We congratulate Mr Madlala for being exemplary,” said Cronjé

Her life will never be the same, thanks to Operation Sukuma Sakhe:

The second visit was at KwaGomane in a one year old Ayabonga Duma’s house, who lost her mother few weeks after birth. She now lives with her unemployed grandmother Dombi Duma. The anxious family was discovered through Operation Sukuma Sakhe, as the grandmother had no clue where to go to get support for the infant. The child will get a birth certificate and the grandmother will get foster care grant.

Giving the Duma family a temporal three months R1 610 grocery-voucher or coupon to get food whilst waiting approval for the foster care grant, Cronjé advised the Duma family to buy proper and healthy food. She also gave them food parcels to keep them going, and seeds to plant food for the near future.

Duma, who could not hold tears of happiness, said, “I thank the Youth Ambassadors who came to my house from the government. I had no clue what to do with this child and did not know where to go, but they changed my life for the better.”

Addressing the hall full of Impendle community at the launch, Cronjé said “we want you to feel the presence of government, we are bringing it to your door step, and by the same token, we are encouraging people to rise and do it for themselves”.

Mayor Ndlela 082 838 1441 mentioned that the main challenge at Impendle was that most parents die before their kids could have birth certificates which poses challenges for kids to get identity documents. “Through this initiative, we are now fast-tracking this process because all departments are here and we are tackling this problem head-on.”

“No child must be at home because parents cannot afford the child’s education – government pays for the children if parents do not afford. The people who aspire to be business people must formalise their vision in a business plan, present it to government. The provincial government has put aside R184 million towards assisting small and upcoming businesses. But we need well-thought and proper business plans. We are simple asking you to do your part and the government will do its part,” concluded Cronjé.

Enquiries:
Musa Cebisa
Cell: 071 687 8777

Issued by: KwaZulu-Natal Provincial Treasury
19 Oct 2011

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award bursaries to first year mining engineering students

Remarks by Ms Susan Shabangu, Minister of Mineral Resources, at the ceremony to award bursaries to first year mining engineering students at Wits University, 19 October 2011

19 Oct 2011

Greetings and welcome

It is a great pleasure to be associated with an occasion of such significance and value to the sector in which most of us are involved.

Indeed, today we gather at the beginning of the university careers of 16 promising students in the first year of their studies at Wits. And it is a pleasure to note that they proceed with the backing of the department which I am honoured to lead as Minister.

We are all aware of this country’s enormous need for highly skilled people who understand the intricacies and challenges of industries and agencies which play an underpinning role in our nation’s economic success. The sector covering minerals and mining lies at the very base of that success, and has been there for well over a century.

Yet sight should not be lost of how dramatically our industry has been transformed since South Africa became a democracy in 1994. We now have an explicit Mining Charter, which has been reviewed and updated as necessary, and this guides us into the future. We are dealing with complex problems, for instance to do with the beneficiation era that is now dawning; detailed regulatory matters; and also issues such as abandoned mines, the safety record in our mines, and how to tap the mineral resources of which South Africans are all trustees in ways that are efficient, sustainable and environmentally sound, to name but a few of our challenges.

Our department - and also the industry - needs more skilled personnel to take us into the future. These days we seek far and wide to put together the right team of South Africans who will gain and use these skills. This means that people who were grossly excluded and suffered grievously under the past order in South Africa – blacks, women and others marginalised – will have a real chance, through corrective action, to find their just place in the scheme of things. We are committed to never giving up in this endeavor unless and until it can truly be said that we have finally righted the wrongs of history. That day has not arrived. There is much work still to be done!

We are acutely aware of scarce skills, and the department has researched the subject with due diligence. In fact, the external bursary scheme was established specifically due to scarce and critical skills demand which was indicated in our Human Resource Development Strategy (HRDS). A skills focus group was constituted to identify such scarce and critical skills from three technical branches of the Department of Mineral Resouces (DMR). This exercise identified the following skills shortages per branch:

The Mine Health and Safety branch requires Mining Engineers and Mine Surveyors. The Mineral Regulation branch requires Mine Surveyors and Geologists. The Mineral Policy and Promotion branch requires Metallurgists, Geologists, and Mining Engineers.

It was therefore decided to develop a skills supply pipeline to ensure that the identified skills shortages and high vacancy rate experienced in these fields would be closed. Owing to financial constraints in the department, the Corporate Services branch approached the Mining Qualification Authority (MQA) for assistance and to enter into a partnership. The MQA undertook to offer sixty bursaries to DMR in order to build its internal capacity. Because of the urgency to place students on the bursary scheme, it was decided to recruit first year students who were already enrolled and registered in the engineering fields at various tertiary institutions.

Recruitment was conducted at the following Universities: Wits, University of Johannesburg, University of KwaZulu-Natal, Durban University of Technology, University of North West, University of Limpopo, Vaal University of Technology, University of Venda, and Walter Sisulu University of Technology. The other criteria used to award bursaries were for financially needy students from families of the poorest of the poor.

In all, 120 students were shortlisted and interviewed by the department. Sixty of them met the criteria. They will be distributed among three different branches, as follows: Mine Health and Safety (20), Mineral Regulation (20), and Mineral Policy and Promotion (20).

The DMR-MQA agreement stipulates that the bursary scheme be implemented from the 2011 academic year for a period of four years. Students will also be placed on an internship programme for two additional years. On completion of the internship, they will be required to serve the department for the number of years for which they have received financial assistance.

So, this is where we stand today, as we all take great pleasure in noting the progress made, leading to this award ceremony. This event will help to send the chosen students on their way through the department and life, with the requisite skills and academic backgrounds to serve the country.

Thank you.

Issued by: Department of Mineral Resources
19 Oct 2011


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Deputy President Kgalema Motlanthe arrives in Sweden


19 Oct 2011

Deputy President Kgalema Motlanthe has today, 19 October 2011, arrived in Stockholm, Sweden commencing his official visit to the Nordic countries.

The visit taking place within the framework of the Declaration of Intent signed in 2008 between South Africa and Denmark, Finland, Iceland, Norway and Sweden concerning partnerships in Africa; aims to further strengthen political and economic relations with the Nordic countries.

The visit also aims to promote the African Agenda to share views on the reform of global governance institutions and to exchange notes on preparations for COP17.

Deputy President Motlanthe is accompanied by Deputy Ministers Marius Fransman of International Relations and Cooperation, Thandi Tobias-Pokolo of Trade and Industry and Hlengiwe Mkhize of Higher Education and Training.

Issued by: The Presidency
19 Oct 2011

Saturday, October 8, 2011

Blade Nzimande unveils Annual Report of the National Student Financial Aid Scheme

Minister Blade Nzimande unveils Annual Report of the National Student Financial Aid Scheme (NSFAS)

6 Oct 2011

The financial support to poor students, is one of the major priorities of the Department of Higher Education and Training. In this regard, the NSFAS plays a pivotal role in offering students the opportunity to pursue their careers. It is for this reason that the Department has disbursed billions of rands to ensure student access to the scheme.

The Minister for Higher Education and Training, Dr Blade Nzimande, invites the media to the historic unveiling of the NSFAS Annual Report. The Minister will also address issues pertaining to the turn-around strategy for the NSFAS.

The press conference will take place as follows:
Date: Monday, 10 October 2011
Time: 11h00
Venue: Vice Chancellor’s Wing
Conference Room D
University of Johannesburg
Auckland Park Campus (c/o Kingsway and University Roads)

Enquiries:
Muzi Khumalo
Tel: (012) 312 2054
Cell: 072 288 5340
Email: khumalo.m@dhet.gov.za
Lwando Mahlasela
Cell: 071 589 8632
Email: mahlasela.l@dhet.gov.za

Issued by: Department of Higher Education and Training

Friday, October 7, 2011

2010 WesBank V8 Supercars - Round 6, Zwartkops


photographer: Danie van Jaarsveld
Image Information:
image number: 289344
Event: 2010 WesBank V8 Supercars - Round 6, Zwartkops
People: Clare Vale
Car/Bike: 2010 WesBank V8 Mustang

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Unscrupulous cons attempt to cash in on the hype to go green

Unscrupulous cons attempt to cash in on the hype to go green in the country and the imminent climate change conference in the province

6 Oct 2011

The KwaZulu-Natal Department of Agriculture, Environmental Affairs and Rural Development (KZN DAE&RD) is warning all the members of the public to refrain from buying any tree that is claimed or linked in any way to being a material source of bio-fuels.

The department has reasons to believe that unscrupulous individuals have hatched up a scam aimed at making a quick buck by selling alien trees in a meticulous ploy to cash in on the hype to go green and the COP17 conference due to take place in the City of Durban, KwaZulu-Natal from 28 November to 9 December 2011.

We have learned that there are individuals out there that con unsuspecting members of the public, especially rural communities, to buy trees ranging from R50 to R500 per tree with a promise to come back in 14 months to buy back the seeds, flowers, bark and leaves for the purposes of oil production from those who buy and plant these trees.

As one of the lead departments for the COP17 conference which is also charged with the management of sustainable environmental practices and environmental stability for sustainable livelihoods in the province, we view this as a pyramid scheme run by unethical people whose attempts at business go against the principle for which we exist, the Conservation of Agricultural Resources Act (CARA) No. 43 of 1983 and its objectives as well as the spirit of rural farmer development.

Not only are these con artists blatantly corrupting the spirit of the Kyoto Protocol agreement signed by the government of South Africa to reduce carbon dioxide emissions by 2013, by planting trees as one of the means, they are unwittingly compounding the alien plant problem which will cost government billions more in controlling their spread.

The department supports planting of local indigenous and unlisted tree species and orchards that meet the government’s food security agenda. The department also supports the South African Bio fuel Strategy that emphasises the use of edible crop plants for biodiesel or bio fuel.

We therefore reiterate that government does not promote this and does not support it either as the issue of bio-fuels is still at a policy stage. Anyone who allows himself to be duped by this scam does so at their own risk.

Zakhele Nyuswa
Cell: 082 335 9938

Issued by: KwaZulu-Natal Agriculture, Enviromental Affairs and Rural Development
6 Oct 2011


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Thursday, October 6, 2011

Department achieves clean audit for first time in six years

6 Oct 2011

The Minister of Labour Mildred Oliphant has congratulated the Director-General and the department for receiving an unqualified audit report – the first time in six years that this feat has been achieved.

“I would like to congratulate the team for their sterling work in ensuring that we spend the money entrusted to us by the people of South Africa in a prudent and responsible manner,” she said.

Over a period of six financial years, dating back to the 2004/05 financial year, the Auditor-General (AG) has issued a qualified opinion on the financial statements of the department on a number of matters.

These ranged from the absence of supporting documentation in respect of journal transactions to the management of assets within the department.  Initially, the qualification focused on Capital Assets however, during the 2008/09 financial year, resulting from the reclassification of the department’s information technology (IT) public-private partnership (PPP) contract from an operational lease to a financial lease, the Auditor-General included IT assets as a contributing factor to the qualified opinion.

To meet the standards of the AG, the department developed and stringently implemented an action plan aimed at correcting the deficiencies identified during the audit of the department’s assets, as well as the IT-PPP assets.

With the cooperation of all relevant parties, including Provincial Offices, the project plan regarding Capital Assets was effectively carried out and as a result, the Auditor-General expressed a satisfactory opinion in respect of the department’s Capital Assets in the 2009/10 financial year, effectively indicating satisfaction with the fact that the department has accounted for assets within a reasonable level of materiality.  However, the department was faulted in respect of  the IT-PPP assets.

Despite the PPP contract stipulating that the PPP Partner should make the IT-PPP assets available to the department, methods to enforce this stipulation did not yield favourable results.

The department developed an action plan to address the audit findings which required officials to work tirelessly alongside officials from the PPP Partner, to locate, record and reconcile all IT assets in the control of the PPP Partner, from contract inception to date.

This exercise included the financial information that had never been presented to the Department since the inception of the PPP contract.  The Auditor-General was satisfied with the results thus issuing an unqualified audit report for 2010/11 financial year.

“The clearing of the qualified opinion regarding the IT-PPP assets, puts the Department in a favourable position in that it can now concentrate on improving all aspects of internal controls at its provincial and head office operations which are the pillar of good financial management,” said the Director General Nkosinathi Nhleko.

Furthermore, this exercise has it proved that sufficient in-house capacity exists to manage the assets of the Department contrary to popular belief that such expertise had to be acquired externally. 

It further improved the confidence of staff within financial management that no task is insurmountable given good leadership and direction.

Enquiries:
Musa Zondi
Cell: 082 9018081

Issued by: Department of Labour
6 Oct 2011


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Minister Carlisle reacts to taxi stabbing

Minister Carlisle reacts to taxi stabbing – ‘Further violence could lead to total shutdown of all taxi operations in Hout Bay’

5 Oct 2011

Transport and Public Works Minister in the Western Cape Robin Carlisle has said his department ‘will never tolerate violence as a means to gaining access to taxi routes anywhere in Cape Town, or the province.’

The Minister’s comments come after a taxi driver was stabbed after an altercation, apparently between legal and illegal taxi operators from Hout Bay.

‘There are already more than 100 operating licences for the Hout Bay to Cape Town route, which involve two taxi associations, and we are not going to issue any more.

‘Furthermore, this route forms part of Phase 1 a of the City of Cape Town’s Integrated Rapid Transit Project, meaning that in terms of the relevant legislation, there is a moratorium on the granting of more operating licences for the route.

‘We have contacted our colleagues in law enforcement, who have assured us that they will clamp down on illegal operators, as well as the very small number of taxi industry members that would still want to use violence as a means to achieve their aims.

‘The taxi industry in Cape Town has had 20 death-free months, probably for the first time in the past 20 years and we will not allow anyone to disrupt this peace.

‘My office has also been assured by the South African Taxi Council in the province that we have their full support. Anyone that uses violence as a means to achieve their aims must know that my department will never give in.

‘Those embarking on such a course of action are attacking an industry that has a crucial role to play in economic growth and development.

‘If there is further violence we will consider a total shutdown of all taxi operations in Hout Bay.’

Enquiries:
Steven Otter
Cell: 084 233 3811

Issued by: Western Cape Transport and Public Works
5 Oct 2011

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Wednesday, October 5, 2011

Reckless drivers to be charged with murder

4 Oct 2011

Transport Minister Sibusiso Ndebele has instructed officials to leave no stone unturned in their investigation into yesterday’s (3 October) horror crash in the Free State which claimed the lives of five learners and four teachers, following allegations that the driver of the truck was not in possession of a professional driving permit (PrDP) and was not supposed to be driving the vehicle.

“We have instructed officials to leave no stone unturned in their investigation into yesterday’s (3 October) horror crash in the Free State which claimed the lives of five learners and four teachers, following allegations that the driver of the truck was not in possession of a PrDP and was not supposed to be driving the vehicle. We are also engaging with the South African Police and Directorate of Public Prosecutions to ensure that in cases where drivers intentionally violate road traffic rules, and drive in a reckless manner resulting in death, those drivers should be charged with murder,” said Minister Ndebele.

Following the spate of major fatal crashes involving public transport vehicles, the Road Traffic Management Corporation’s (RTMC’s) National Traffic Police (NTP) conducted special blitzes at depots of the operators whose vehicles were involved in the fatal crash yesterday (3 October) in Harrismith, in the Free State that claimed nine lives.

In the mid-morning operation yesterday (3 October), depots in Gauteng belonging to Slabbert Burger Transport and Eldo Coaches were inspected by the NTP for vehicle fitness, safety protocols and transport records. Of the twenty nine (29) vehicles found on the Eldo Coaches premises, five buses, one tow truck and light delivery vehicle were found to be defective and were discontinued from service.

The East Rand depot of Slabbert Burger Transport company was inspected next, and five of the seventy four (74) vehicles were found to be defective and discontinued from service. The most common defects were brakes, tyres, windscreens, severe oil leaks and faded chevrons and contour markings. (Vehicles that are discontinued have their licence discs removed and have to undergo a test within 14 days before they are allowed back on the road). Simultaneous operations were also conducted at these companies’ depots in Mpumalanga, Western Cape and Kwazulu-Natal.

As part of efforts to curb road deaths, the RTMC together with provincial and municipal traffic authorities will continue to visit various depots, taxi ranks and bus stations at random. Where fatal crashes occur because of un-roadworthiness, the certificate of fitness will be examined, as well as the testing station where the certificate was issued to make sure that there are no discrepancies.

More than 1 500 un-roadworthy buses and taxis have been taken off South Africa’s roads last month (September 2011), following Minister Ndebele’s instruction on 31 August that every bus and taxi must be stopped and checked.

From 31 August to 25 September 2011, 194,962 public transport vehicles were stopped and checked; 783 mini-buses, 501 buses, 210 scholar transport vehicles and 253 trucks discontinued from use; 39 934 fines issued for various public transport offences; more than 825 public transport drivers arrested including 168 for drunk driving, 552 for overloading, 55 for excessive speed, 17 for reckless and/or negligent driving and 88 in connection with public transport permits.

Further, on 26 September the Mpumalanga safety department reported that four traffic officers, who were charged with corruption, bribery and failing to comply with the Criminal Procedure Act, were fired. In July, three of the officers were caught in Malelane after they helped a motorist transport illegal goods into the country in exchange for money. The fourth officer was caught taking a bribe from a taxi driver in Barberton.

In the Western Cape, transport officials have reported that almost 50 drivers have been sentenced to jail for drunk driving in the past year. Since 1 October 2010, 664 drivers have been sentenced in the province for drunk-driving offences, 47 of whom were sent directly to jail without the option of paying fines or serving another type of sentence. One was jailed for four years, six for three years and the remaining 40 for between six months and two-and-a-half years. A further 12 had their licences cancelled.

As part of the new National Rolling Enforcement Plan (NREP) announced by Minister Ndebele on 10 September 2010, from October 2010 to August 2011, 12 984 120 vehicles and drivers were checked, 5 540 275 fines issued for various traffic offences, 18 527 drunk drivers arrested and 50 272 un-roadworthy vehicles (the majority of which are buses and taxis) discontinued from use.

“As government, we will continue to go all out to ensure safe roads through implementation of a comprehensive road safety strategy focusing on education, enforcement and engineering in line with the United Nations Decade of Action for Road Safety 2011 to 2020. We will win the war against road deaths, but each and every one of us must put more effort into it,” Minister Ndebele said.

Meanwhile, the RTMC, in collaboration with the KwaZulu-Natal Department of Transport, Department of Basic Education, Transnet, BP South Africa and the Road Accident fund will host the National Road Safety Debates Competition, aimed at secondary school learners, on 5 October from 10h00 at the Coastlands Hotel & Conference Centre, uMhlanga, eThekwini, KwaZulu-Natal.

Further, Minister Ndebele will host Transport Ministers from member states of the Southern African Development Community (SADC) from 5 to 7 October in Pretoria. The SADC Decade of Action for Road Safety will be officially launched on 7 October in Pretoria. SADC supports the United Nations (UN) call for the Decade of Action for Road Safety 2011 to 2020, through harmonisation of road safety initiatives in the region.

Enquiries:
Ashref Ismail
Road Traffic Management Corporation
Cell: 071 680 3448

Issued by: Department of Transport
4 Oct 2011

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