Namaqualand Development Agency

BACKGROUNDBACKGROUND

Namaqua is an arid region, with harsh climatic conditionsThe closing down of copper mines andthe downscaling of diamond mines caused job losses and contributed to poverty

GEOGRAPHYGEOGRAPHY

The Namakwa District stretches from Alexanderbay in the northwest to Sutherland and Fraserburg in the south and southeast. It is shares its borders with Namibia and the Atlantic Ocean.

Demographic profile

A population of approximately 110 000 people

An average density of roughly two persons per square kilometer

Afrikaans is the language of choice (English, Nama and Xhosa are spoken to a lesser extent)

Launching of Namda

Namda was officially launched on the 22nd October 2004 by the Premier of the Northern Cape Province (Ms E. D. Peters)

Donation from NDFT

The Namaqualand Diamond Fund Trust (NDFT) donated R1Om to the Namaqualand Development Agency (NAMDA). The cheque was handed over during the launching function of 22 October 2004

NDFT Board of Trustees, Mrs P. Williams and Mr Boeboe van Wyk

Donation from NDFT

The donation had been handed over to NAMDA by the Chairperson of the NDFT (Mr M. van Zyl). It was received by the chairperson of NAMDA (Mr J. Cardinal). See next slide

Handing over of cheque (Mr M. van Zyl to Mr J. Cardinal)

VISIONVISION

Ensure a sustainable economy for the Namaqua region

Co-ordinate economic activities andTo ensure that PDI businessess actively

participate in the economic mainstream of the Namakwa District

MISSIONMISSIONto develop the Namaqua region economicallyto promote sustainable development and capacity building of PDI entrepreneurs to co-ordinate the co-operation of economical initiativesto form partnerships between the private sector and the public sector

Board of Trustees

Mr J. Cardinal - Chairperson (Alexkor rep) deceasedMr B. Vass - Vice chairperson (Youth Commission)(Resigned)Mr J. Losper - (Alexkor rep)Ms B. Vries - (Alexkor rep)Ms A. Witbooi - (NGO rep)(Not resigned)

Board of Trustees

Ms. A. Delie - (Namakwa DM)Ms. B. Links - (NDFT)Mr. L. H. van Rooi - (Namakwa DM)Mr. G. Maarman - (Alexkor rep)Mr. G. De Wet - (NDFT) deceased

NAMDA Board of Trustees and Mr M. van Zyl

Staff (The staff had been retrenched in April 2010)

Chief Executive Officer Mr J S StraussChief Financial Manager Mr H W RaymondHead: Administration Mrs E S HayesFinancial Officer Mr E E WilsonAdministration Officer Ms M K MagermanReception Ms A G LouwOffice Assistant Ms P W MartinusIntern Mr F. Van den Heever

Loans to businesses Calvinia Internet Café 91

000,00 Groenkloof Pleasure Resort 250

000,00 Sugar Daddy (Music Band) 109

390,95 Marvir Chicken Farms 50

000,00 Nakanas Diamonds 12 680,00 Masibambasani Crushers 248 798,13 NTP Manufacturers CC 76

192,00 Sandveld Holdings 25 000,00

JRB Upholsters CC 79 200,00

Namaqua Press 80 000,00

!Homi ai Game Shop & Party land 150 000,00 Melkbosrand Landbou Koöperasie 100

000,00 Distinctive Choice 92

857,92 One Way Shopping Complex 200

000,00 Namaqua Security 25

000,00 New Generation Development 200 000,00 Namaqua Health & Fitness Club 200 000,00

Loans to businesses

Loans to businesses SZDD Engineering Services CC 195

000,00Namaqua Style and Auto 50 000,00Kuboes Distributors 89 319,20 Sibantu Cash /Nollothville Who) 150 000,00Witbank (Nam) 70 000,00Riaan’s Motor Repairs & GearboxC 166 462,35Nama Desert 150 000,00Gibel Transport 60 000,00XYZ 150 000,00Rembed 150 000,00

Loans to businesses Arno’s 34

748,97P.E. De Wet Vervoer Dienste 85 000,00Mayenzeke Magic Service and Service Foundation 100

000,00 Sutherland Tyre & Fitment Centre 185 000,00Fashion and Variety (klaar betaal) 35

000,00Techno Shop 10

000,00EAJ Entertainment 70

470,45Top Spares 150 000,00

TOTALS

Opening Balance:

Operating expenses

(2005 – 2010)

1.2m

= R3.4m+1.2=4.6

Loans to businesses = R 4.6

Purchase of plant

NDFT=R10M+1.2(AOS)=R11.2m

= R 2m

Retrenchment of staff

The full staff had been retrenched in April 2010 due to the following:The vast majority of loaners could not repay loans Promised funding from the province for Small Mining development did not arriveThe senior staff received reduced salaries and some benefits were not paid anymore like full transport allowances, no food and accommodation allowances

Retrenchment of staff

The sitting allowances of Trustees were reduced and most of the time not paid

Appointment as Service Provider for the Tourism Hub were not honoured

The above resulted in a situation where salaries could not be paid anymore and the staff had been retrenched at the end of April 2010

Thank you