Question NW1258 to the Minister of Public Enterprises
18 April 2023 - NW1258
Essack, Mr F to ask the Minister of Public Enterprises
Whether SA Forestry Company (Safcol) SOC Ltd entered into any joint venture contracts with any companies in each of the past five financial years; if not, what is the position in this regard; if so, what (a) are the relevant details and (b) wat the purpose of each joint venture contract concluded; (2) Whether Safcol SOC Ltd has realised any profits from any of the joint ventures; if not, why not; if so, what are the relevant details?
Reply:
According to the Information received from SAFCOL
1. The SA Forestry Company (SAFCOL) SOC Ltd has not entered into joint venture contracts with any companies in the last five years. Strategic partnerships are part of the company’s growth strategy; the joint ventures opportunities are currently in the identification and selection process.
a) N/A
b) N/A
2. N/A
Remarks: Approved / Not Approved
Jacky Molisane PJ Gordhan, MP
Acting Director-General Minister
Date: Date: