Question NW1019 to the Minister of Mineral Resources andEnergy
20 November 2019 - NW1019
Mileham, Mr K to ask the Minister of Mineral Resources andEnergy
(1) What number of mining entities, including prospecting and exploration entities, are currently in or facing business rescue; (2) Whether a business rescue plan has been approved in each case; if not, why not; if so, what (a) are the details in each case and (b) is the current status of each business rescue plan?
Reply:
Regions |
(1) |
(2) |
Mpumalanga |
05 |
Business rescue plan were not submitted |
Limpopo |
01 |
No, It’s not our competency therefore the office cannot give a response since it’s the responsibility/competency of the Business Practitioners. |
”.%._«
MINISTRY OF MINERAL RESOURCES REPUBLIC OF SOUTH AFRICA
North West |
04 |
|
Northern Cape |
01 |
Details of the business rescue plans are not share with the office by the practitioners |
KwaZulu Natal |
00 |
|
Gauten |
00 |
|
Free State |
02 |
In both cases the process is still ongoing and not concluded. |
Western Cape |
00 |
|
Easter Cape |
03 |
The office does not have business rescue plans at this point, entities were engaged to submit copies thereof and have failed thus far. |
TOTAL |
16 |
(1) The number of entities facing business rescue are 16
(2)