Portfolio Committee Presentation - June 2011

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Portfolio Committee Presentation - June 2011. About Buyisa-e-Bag (BeB). A section 21 company, established by Government as part of the plastic bag initiative Created as a result of Government legislation regarding plastic bags Funded by Government. Board Composition. - PowerPoint PPT Presentation

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  • Portfolio Committee Presentation - June 2011

  • About Buyisa-e-Bag (BeB)

    A section 21 company, established by Government as part of the plastic bag initiativeCreated as a result of Government legislation regarding plastic bagsFunded by Government

  • Board CompositionMr Welile Nolingo Chairperson (CEPPWAWU)Mr Sydney Kunene Board Member (CEPPWAWU)Ms Annabe Pretorius Board Member (SAPRO)Mr Douw Steyn Board Member (PFSA)Mr Johan Pieterse Board Member (PCA)Ms Linda Godfrey Board Member (IWMSA)Ms Dee Fischer Board Member (DEA)

  • Current Performance YTD

  • Current Performance YTD CONTDSchool Education Programme291 schools nationally benefitted from BeB awareness and educational initiatives, with an average of 800 learners per school, a total of 232 800 pupilsYouth Empowerment Initiative Programme170 unemployed youth have been engaged through BeBs youth empowerment initiativesClean Up Campaigns15 000 people have been involved in BeB clean up campaigns, over 18 000 bags of refuse collected

  • Key Performance and Priority Areas for 2011/12The following is planned for 2011/12:8 Buy Back Centres (BBCs) to be built, employing 15 permanent and 30 casual workersSupport for 9 external recycling centres, employing 15 permanent and 30 casual workers1 Materials Recovery Facility (MRF) in KZN that will create 150 permanent and 75 casual jobs3 BBC launches in Phokeng (NW), Oriental Plaza (EC) and St Lucia (KZN benefitting MK Veterans and the youth)

  • Key Performance and Priority Areas for 2011/12 CONTD346 schools to benefit from schools education programme15 schools in Gauteng for the Green Ambassador pilot project8 youth empowerment initiatives 20 clean up campaigns, to attract 300-500 community members per campaign

  • Strategic Plan

    Turn Around Strategy

  • Budget and Annual Financial StatementsFunds Received from DEA in the Past 3 Years:2009: R20m received in May 20082010: R7m received in Oct 2009 and the R22m in Jan 2010Total funds for FY 2010: R29m vs. R30m2011: R17.5m received in Dec and R6m received in March 2011 (2 weeks before the end of the financial year ) Total funds for FY 2011: R23.5m vs. R35m

  • Budget and Annual Financial Statements CONTDAnnual Financial Statements for the Past 3 Years:2008: BeB has a clean audit, but the audit was not conducted according to AG guidelines (based on PFMA)2009: BeB had a disclaimer because the auditors could not rely on the opening balances and the audit was also not conduct according to AG guidelines Auditors recommended that a forensic audit be conducted2010: BeB changed auditors and the audit was conducted according to AG guidelines, however, BeB still had a disclaimer

  • Budget and Annual Financial Statements CONTDBeB Non-Compliance:Since inception, BeB did not comply with the following:PFMATreasury RegulationsCompanys ActNo Audit committeeNo Risk committeeNo CFOInternal Auditors were only appointed in September 2010

  • Contact DetailsMr Shirleigh StrydomChief Executive OfficerBuyisa-e-BagUnit G3Greenstone Hill Office ParkGreenstone Hill1616Tel:(011) 452-0414Email:s.strydom@buyisaebag.co.za

  • Thank you

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