Question NW394 to the Minister of Trade and Industry

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27 February 2019 - NW394

Profile picture: Nkomo, Ms SJ

Nkomo, Ms SJ to ask the Minister of Trade and Industry

(1)Whether he can provide the (a) names and surnames and (b) dates of birth of the (i) company directors and (ii) managing directors of African Global Operations, formerly known as Bosasa Operations, since its inception in 1991 to date; (2) whether he can provide the (a) broad-based black economic empowerment certificates, (b) financial statements and (c) annual turnover of the specified company from the time of inception to date? NW418E

Reply:

1. (a) and (b)(i) Please refer to the enclosed Annexure A and (ii) CIPC does not have a record of the managing directors of African Global Operations.

(2) (a) CIPC cannot provide B-BBEE certificates. (b) CIPC can only provide the enclosed financial years statements referred to as Annexure B. (c) CIPC can only provide Turnover from 2005 at this stage as per the table below.

 

Year

Turnover total declared to CIPC[1]

2005

R133 434 460

2006

R248 349 915

2007

R390 507 954

2008

R445 554 000

2009

R467 509 494

2010

R432 884 566

2011

R345 212 894

2012

R0

2013

R648 181 225

2014

R753 166 122

2015

R818 397 894

2016

R806 893 890

2017

R115 497 288

Please note that according to the CIPC, the figures for 2015 and 2017 as provided by the companies as contained in the table below, differ from the recently received audited financial statements. The CIPC will be investigating the difference in figures.