Finance
Whether his Department has received directly or indirectly any (a) sponsorships, (b) gifts, (c) hospitality or (d) any advantage of a material nature in the past three years; if so, with reference to each: (i) from whom it was received, (ii) what the reason for it was, (iii) for what purpose it was used, (iv) what the money value of it was and (v) what the advantage of it was;
whether any counter-performance was given by or asked of him or his Department for any such (a) sponsorships, (b) gifts, (c) hospitality or (d) any advantage of a material nature; if so, what are the relevant details?
: (a) The following sponsorships were received since the 2014/15 financial year to date:
|
(i) Name of organisation (received) |
(ii) Reason |
(iii) Nature of donation
|
(iv) value |
(v) Advantage |
||
|
2016/17 R’000 |
2015/16 R’000 |
2014/15 R’000 |
||||
|
Beaufort West Municipality |
Sponsorship of catering for CFO Forum at Beaufort West Municipality. |
Municipal Chief Financial Officer Forum held on 8 & 9 June 2015 in Beaufort West |
Nil |
5
|
Nil |
Not applicable |
|
Nedbank |
Sponsorship of bursary monies for students |
Advances are received to co-sponsor undergraduate students that is administered and sponsored by the Provincial Treasury. |
924 (received two payments) |
Nil |
462
|
Co-sponsored by the bank for a limited number of students to complete their studies. |
(b) None for Department.
(c) None for Department.
(d) None for Department.
: (a) No counter performance was asked by the department for Nedbank and Beaufort West Municipality.
For Nedbank the sponsorship was totally for the benefit of a limited number of students each year. The amount was also limited to R 77 000 per student during the entire period to complete their qualifications. The department funds the largest portion per student during the period to complete their qualifications.
For Beaufort West Municipality the municipality contributed towards funding the event.
(b) Not applicable
(c) Not applicable
(d) Not applicable
