Question NW559 to the Minister of Transport
28 March 2019 - NW559
De Freitas, Mr MS to ask the Minister of Transport
(a) What investments have been made in each month by (i) his department and (ii) entities reporting to him with the Venda Building Society Mutual Bank (aa) in the past three financial years and (bb) since 1 April 2018, (b) what was the nature of each investment, (c) why was each investment made in each case, (d) what were the projected returns in each case, (e) who represented the department or entity when negotiating the investments, (f) on what date was each investment made and (g) what returns have been enjoyed to date in each case?
Reply:
Department
a) (i) Department did not make any investment with the Venda Building Society of Bank
(aa) (bb) (c) (d) (e) (f) (g) Not applicable
Airports Company South Africa SOC Limited (ACSA)
ACSA has not made any investments with the Venda Building Society Mutual Bank.
Cross-Border Road Transport Agency (CBRTA)
(a) No, the (ii) CBRTA has not made investments with the Venda Building Society Mutual Bank (aa) in the past three financial years and (bb) since 1 April 2018, consequently questions (b), (c), (d), (e), (f) and (g) are not applicable.
Road Accident Fund (RAF)
(a) No, the (ii) RAF has not made investments with the Venda Building Society Mutual Bank (aa) in the past three financial years and (bb) since 1 April 2018, consequently questions (b), (c), (d), (e), (f) and (g) are not applicable.
Road Traffic Infringement Agency (RTIA)
(a) No, the (ii) RTIA has not made investments with the Venda Building Society Mutual Bank (aa) in the past three financial years and (bb) since 1 April 2018, consequently questions (b), (c), (d), (e), (f) and (g) are not applicable
Road Traffic Management Corporation (RTMC)
(a) No, the (ii) RTMC has not made investments with the Venda Building Society Mutual Bank (aa) in the past three financial years and (bb) since 1 April 2018, consequently questions (b), (c), (d), (e), (f) and (g) are not applicable
South African National Roads Agency Limited (SANRAL)
(a) No, the (ii) SANRAL has not made investments with the Venda Building Society Mutual Bank (aa) in the past three financial years and (bb) since 1 April 2018, consequently questions (b), (c), (d), (e), (f) and (g) are not applicable
Air Traffic and Navigation Services SOC Limited (ATNS)
- ATNS has never invested any funds with the Venda Building Society Mutual Bank
- Not applicable
- Not applicable
- Not applicable
- Not applicable
- Not applicable
- Not applicable
South African Civil Aviation Authority (SACAA)
a) (i) Not applicable. (a) (ii), (aa) and (bb) and (b), (c), (d),(e), (f) and (g) The South African Civil Aviation Authority (SACAA) has not made any investments in the Venda Building Society Mutual Bank.
Passenger Rail Agency of South Africa (PRASA):
a) (ii) The Passenger Rail Agency of South Africa did not make any investments with the Venda Building Society Bank.
(aa) Not applicable.
(bb) Not applicable.
b) Not applicable.
c) Not applicable.
d) Not applicable.
e) Not applicable.
f) Not applicable.
g) Not applicable.
Railway Safety Regulator (RSR):
a) (ii) The Railway Safety Regulator did not make any investments with the Venda Building Society Mutual Bank.
(aa) Not applicable.
(bb) Not applicable.
b) Not applicable.
c) Not applicable.
d) Not applicable.
e) Not applicable.
f) Not applicable.
g) Not applicable.
Ports Regulator of South Africa (PRSA)
a) (ii) The Ports Regulator has never made any investments with Venda Building Society Mutual Bank (aa) in the past three financial years and (bb) since 01 April 2018.
- N/A
- N/A
- N/A
- N/A
- N/A
- N/A
South Maritime Safety Authority (SAMSA)
SAMSA has never invested in the Venda Building Society Bank.
(b)(c)(d)(e)(f)(g) Not applicable