Registrar of Friendly Societies Annual Report

REGISTRAR OF FRIENDLY SOCIETIES ANNUAL REPORT

REPORT BY THE REGISTRAR OF FRIENDLY SOCIETIES TO THE MINISTER OF FINANCE FOREWORD

I wish to express my appreciation for the cooperation shown by the friendly societies and individuals with whom this office has had dealings.

A special thank you to National Treasury for its guidance.

Finally, I wish to thank the staff of the microinsurance supervision department for assisting me to fulfil my regulatory mandate.

Adv DP Tshidi

Registrar of Friendly Societies

April 2019

2017 Annual report of the Registrar of Friendly Societies | 3 CONTENTS

Report by the Registrar of Friendly Societies to the Minister of Finance 3

TABLE 1: Revenue and expenditure of self-administered societies 8

TABLE 2: Assets and liabilities of self-administered societies 9

TABLE 3: Investment composition of self-administered societies 10

TABLE 4: Five-year overview of number of registered societies 10

TABLE 5: Number of societies that submitted returns 11

TABLE 6: Number of members in societies 11

TABLE 7: Benefits paid – all societies 11

TABLE 8: Types of benefits provided by self-administered societies 11

TABLE 9: Five-year overview of statistics of self-administered societies 12

TABLE 10: Top 20 societies ranked in terms of asset value for the year ending 31 December 2017 12

TABLE 11: Self-administered societies in default for non-submission of financial returns for the year ending 31 December 2017 13

TABLE 12: Registered societies as at 31 December 2017 14

4 | Contents I hereby submit the 55th Friendly Societies Annual Report, which deals with the activities of this office for the 2017 calendar year, as required by section 45 of the Friendly Societies Act, 25 of 1956 (the Act).

relating to these societies. As at 31 December 2017, INTRODUCTION there were 96 exempted societies, three of which were in the process of liquidation. I hereby submit the 55th Friendly Societies Annual Report, which deals with the activities of this office for the 2017 • Underwritten societies calendar year, as required by section 45 of the Friendly Societies operating exclusively by means of policies Societies Act 25 of 1956 (the Act). of insurance issued by an insurance company registered in terms of the Long-Term Insurance Act, Friendly societies (societies) are non-profit organisations 52 of 1998, may be conditionally exempted from the or associations of persons established to provide relief or provisions of the Act by virtue of the discretionary maintenance during minority, old age, widowhood or illness, powers granted to the Registrar by section 3(2)(b) of for members or persons related to members. Such relief the Act. As at December 2017, there was only one could include payment of a sum of money upon the birth of society which was exempt in terms of section 3(2)(b) a child or upon the death of a member, insurance in respect of the Act. of the tools of a trade, unemployment benefits, education or training of members or their children, or such other business • Self-administered societies as may be proclaimed in the Government Gazette. Societies with an aggregate annual income above R100,000 must furnish financial statements to the Societies are prohibited from advertising for business and Registrar in terms of section 22 of the Act. As at may be promoted only by word of mouth within the community 31 December 2017, there were 99 self-administered for whose benefit such society has been established. societies, 7 of which were in the process of liquidation. Societies may be classified into the following categories:

(a) Societies that do not fall within the provisions of the Act STATISTICS

Societies which are established in terms of an The tables in this report contain statistical information industrial agreement and exempted from the submitted to this Office by the societies for the year 2017. The provisions of the Act as per section 3(1)(a) of tables contain full particulars of membership, benefits paid, the Act. These societies are however required to revenue and assets of registered societies, as well as certain submit certain statistical information to this office for statistical information from bargaining council societies. inclusion in this report. For the year under review, financial statements were not submitted by any There were 196 societies registered in terms of the Act as bargaining council society. at 31 December 2017, 10 of which were in the process of (b) Societies that fall within the liquidation (see Table 12). Statistical information for 28 of provisions of the Act these societies is included in this report, of which 1 society was exempted in terms of section 3(2)(a) (see Table 5). Information on the remaining 158 societies was excluded for • Exempted societies the following reasons: Societies with an aggregate annual income of less than R100 000 are conditionally exempted from ●● 67 societies failed to submit financial returns within the the provisions of the Act as per section 3(2)(a) of prescribed period. A complete list of these societies the Act and do not have to submit annual financial appears in Table 11. statements. The tables do not contain information

2017 Annual report of the Registrar of Friendly Societies | 5 ●● 90 societies were exempted in terms of section 3(2) (a). ●● Income from investments Income from investments increased only marginally by ●● 1 society was exempted in terms of section 3(2) (b) of the 0.69% in 2017, in comparison to 2016. Act.

Total investments as a percentage of total revenue in 2017 The financial year of all registered societies ends on 31 equates to about 24.25%, in comparison to 2016 which December, as stipulated in section 1 of the Act. figure was 31.72%.

ADMINISTRATION EXPENDITURE

In 2017, there were no new societies registered in terms of section 5(3) of the Act. There were four societies which were ●● Expenditure from administration costs deregistered in terms of section 36 of the Act. Expenditure on administration costs increased from R25 million in 2016 to R28 million in 2017. Thus, the societies There were also no applications for exemption in terms experienced an increase of 12.64% in administration of section 3(2)(a) of the Act received, nor any exemption costs. withdrawals in terms of section 3(3) of the Act. ●● Benefits provided and paid The diagram below shows statistics of benefits provided INCOME, EXPENDITURE AND by self-administered societies during 2017. CASH FLOW GRAPH 1.1 Self-administered Societies Revenue and expenditure figures for 2016 and 2017 appear in Table 1 of this annual report. The table shows income statements for self-administered societies that submitted their annual financial statements for 2016 and 2017. 5,9% Sick Pay

6,3% Death INCOME 81,0% Funeral 6,9% Other In 2017, the societies collected a total revenue of R140 million, while in 2016 the revenue collected amounted to R106 million. Thus, there was an increase of 31.72% in revenue collected by the societies in 2017. The main sources of revenue were contributions and investments. In 2017 funeral benefits contributed 81% of the total benefits paid by self-administered societies. Death benefits and sick ●● Income from contributions Total contributions from members of the societies and pay benefits respectively contributed 6.3% and 5.9%. The employers decreased from R69 million in 2016 to R67 remaining 6.9% was paid for other benefits. million in 2017 (i.e. there was a decrease of 3.5% in total contributions from 2016 to 2017). ASSETS Total investments as a percentage of total revenue in 2017 equates to about 24.25%, in comparison to 2016, which Table 2 of this report shows a break-down of assets and figure was at 31.72%. liabilities for the self-administered societies. The table indicates that the assets of these societies increased from R850 million in 2016 to R908 million in 2017. Thus, an increase of 6.91%.

6 | INVESTMENTS SUPERVISORY MATTERS

●● Return on investments ●● On-site visits The return on the balance sheet value of investments During 2017, four on-site visits of societies were made by self-administered societies is calculated by using conducted in terms of section 4A of the Financial the following formula: Institutions (Protection of Funds) Act 28 of 2001.

2i SOCIETY DATE R = SOCIETY NAME (A+B-i) NUMBER VISITED

NATIONAL MUTUAL Where R = Return on investments AID ASSOCIATION OF 20 November A = Initial value of investments RAILWAY, AIRWAYS AND 138411 2017 B = End value of investments HARBOUR SERVANTS i = Interest, dividends, rent, policy income, net (SA) profit or losses on realisation of investments PRINTING INDUSTRY 22 November and the amount by which investments were EMPLOYEE BENEFIT 1381109 2017 written up or down to fair value. Funds are FUND required to disclose in their financial returns the STERFTEFONDS VAN 4 December 138760 method used for determining accrued, vested DIE ATKV 2017 or provisional income from insurance policies. GROEP- 6 December 138445 Non-invested policy income is included in or BEGRAFNISASSOSIASIE 2017 excluded from the revenue account at the discretion of funds.

By applying this formula to the total investments of all the ●● Inspections self-administered societies, which are included in Table 2, the No society was inspected during 2017 in terms of section return on investments is calculated as follows: 32 of the Act.

Calendar 2013 2014 2015 2016 2017 ●● Overdue returns Year Sixty-seven (67) societies failed to submit financial returns within the prescribed period. The majority appear to % returns 5.9 4.6 5.4 4.3 4.4 have ceased operating or have changed their registered address without advising the Registrar. The names of The return on investments calculation as above indicates an these societies are reflected in Table 11. insignificant increase of 0.1 percentage points from 2016 to 2017.

●● Composition of investments In Table 3, the investments by societies comprise collective investment schemes in securities (32.40%) which are certified as complying with the distribution requirements of assets referred to in the Annexure to Regulation 29, and other investments (26.73%) which are classified as bills, bonds and securities, immovable properties and investments outside the Republic of South Africa. Deposits and savings accounts accounted for 23.02% of the investments while shares in companies accounted for 17.13%. Government, municipal and other stock accounted for 0.21%.

2017 Annual report of the Registrar of Friendly Societies | 7 TABLE 1: REVENUE AND EXPENDITURE OF SELF-ADMINISTERED SOCIETIES (Note 1)

2017 2016 (R’000) (R’000) REVENUE 1. Contributions 67 463 69 907 (a) Members 66 791 69 260 (i) Ordinary 65 572 67 883 (ii) Levies 965 933 (iii) Entrance fee 254 444 (b) Employers 672 647 2. Income from Investments 33 952 33 720 (a) Interest 28 207 27 707 (b) Dividends 5 478 5 294 (c) Rent 267 719 3. Other Income 35 750 667 4. Profit on realisation of investments (Note 2) 2 872 2 017 TOTAL 140 037 106 311

EXPENDITURE 1. Benefits Paid 55 128 54 731 (a) Sick pay 3 238 2 812 (b) Death 3 471 6 326 (c) Funeral 44 638 40 772 (d) Other 3 781 4 822 2. Provision for Unpaid Claims 216 475 3. Administration Costs 28 656 25 440 (a) Salaries and wages 9 069 9 810 (b) Honoraria 216 208 (c) Audit fees 1 041 1,004 (d) Actuarial costs - 277 (e) Contributions towards staff funds 322 252 (f) Office rent 351 265 (g) Other 17 656 13 588 4. Other Provisions 6 000 5 5. Depreciation 123 169 6. Other Expenditure 1 996 3 162 7. Excess of Revenue Over Expenditure (Note 2) 47 917 22 328 TOTAL 140 037 106 311

Notes: 1. These figures relate to the 28 societies that have submitted financial statements for 2017 in comparison to 38 that submitted for 2016. 2. Some societies made a loss while the majority made a profit for the year.

8 | TABLE 2: ASSETS AND LIABILITIES OF SELF-ADMINISTERED SOCIETIES (Note 1)

2017 2016 (R’000) (R’000) ASSETS 1. Fixed property (at cost) less depreciation 10 308 5 250 2. Properties in possession 1 102 3 475 3. Furniture and equipment (at cost) less depreciation 173 2 187 4. Investments 820 043 772 872 (a) Deposits and savings account 188 769 203 778 (b) Government, municipal and other stock 4 132 4 449 (c) Collective investment schemes in securities 265 686 262 105 (d) Shares in companies 140 497 144 854 (e) Loans 1 743 1 792 (f) Other 219 217 155 893 5. Sundry debtors 25 395 32 285 (a) Arrear contributions 89 14 066 (b) Interest accrued 24 631 17 828 (c) Dividends receivable - - (d) Owing by members in respect of benefits 283 12 (e) Other 392 379 6. Payments in advance - 40 7. Cash 45 975 26 427 (a) On hand 110 123 (b) At bank 45 865 26 304 8. Other assets 5 809 7 560 TOTAL 908 804 850 096

LIABILITIES 1. Accumulated funds 458 376 437 602 (a) Sick pay 29 852 7 574 (b) Death 90 406 96 003 (c) Funeral 217 494 225 024 (d) Other (Note 2) 120 623 109 002 2. Capital and guarantee deposits 15 057 70 407 3. Reserves 349 528 292 864 4. Provisions for unpaid claims 1 273 496 5. Other provisions 13 291 1 800 6. Sundry creditors 67 505 45 211 (a) Contributions received in advance 11 901 11 155 (b) Other 55 604 34 056

7. Other liabilities 3 774 1 717 TOTAL 908 804 850 096

Notes 1. These figures relate to the 28 societies that have submitted financial statements in 2017 in comparison to the 38 that submitted for 2016. 2. This figure includes all other benefit types not provided for in 1(a), (b) and (c) under Liabilities.

2017 Annual report of the Registrar of Friendly Societies | 9 TABLE 3: INVESTMENT COMPOSITION OF SELF- ADMINISTERED SOCIETIES (Note 1)

Value INVESTMENTS (Note 2) (R’000) Deposits and savings accounts 188 769 Government, municipal and other stocks 4 132 Collective investment schemes in securities (Note 3) 265 686 Shares in companies 140 497 Loans (Note 4) 1 743 Other 219 217 Total 820 044

Notes: 1. These figures relate to the 28 societies that have submitted financial statements in 2017 in comparison to the 38 that submitted for 2016. 2. All societies account for investments at fair value. 3. Collective investment schemes in securities as defined in the Collective Investment Schemes ControlAct, 45 of 2002, in respect of which the society obtains a certificate that the scheme has throughout the period covered by its income and expenditure account, complied with the distribution requirements of assets referred to in the Annexure to Regulation 29. 4. Loans granted to members in terms of section 20(5) (b) are restricted to 75% percent of the market value accrued.

GRAPH 1.2 Investments

23,02% Deposits and Savings Accounts

0,50% Government, municipal and other stock

32,40% Collective investment schemes in securities

17,13% Shares in companies

0,21% Loans

26,73% Other

TABLE 4: FIVE-YEAR OVERVIEW OF NUMBER OF REGISTERED SOCIETIES

2013 2014 2015 2016 2017 Number of societies required to submit 94 94 94 94 93 returns Number of societies not required to 107 107 107 107 103 submit returns (note 1) TOTAL 201 201 201 201 196

Note: 1. This includes societies that operate exclusively by means of insurance policies issued by a registered insurance company, societies exempted from submitting returns, societies in liquidation and new registrations under the year of review.

10 | TABLE 5: NUMBER OF SOCIETIES THAT SUBMITTED RETURNS (Note 1)

2017 2016 Self-administered societies 28 38 Bargaining council societies 0 0 Total 28 38

Note: 1. These figures relate to the 28 societies that submitted financial statements in 2017 compared to the 38 that submitted for 2016.

TABLE 6: NUMBER OF MEMBERS IN SOCIETIES (Note 1)

2017 2016 Self-administered societies 377 404 392 978 Bargaining council societies 0 0 Total 377 404 392 978

Note: 1. These figures relate to the 28 societies that submitted financial statements in 2017 compared to the 38 that submitted for 2016.

TABLE 7: BENEFITS PAID – ALL SOCETIES (Note 1)

Self-administered societies 2017 2016 (R’000) (R’000) Sick Pay 3 238 2 812 Death 3 471 6 326 Funeral 44 638 40 772 Other 3 781 4 822 TOTAL 55 128 54 731

Note: 1. These figures relate to the 28 societies that submitted financial statements in 2017 compared to the 38 that submitted for 2016.

TABLE 8: TYPES OF BENEFITS PROVIDED BY SELF- ADMINISTERED SOCIETIES (Note 1)

2017 2016 Sick Pay (Note 2) 6 7 Death 8 9 Funeral 13 11 Other (Note 3) 5 8

Notes: 1. Several societies offer more than one type of benefit. 2. Sick pay benefits consist of sick and medical benefits. 3. Other benefits included educational benefits and community assistance benefits.

2017 Annual report of the Registrar of Friendly Societies | 11 TABLE 9: FIVE-YEAR OVERVIEW OF STATISTICS OF SELF-ADMINISTERED SOCIETIES (Note 1)

Members Revenue Benefits Paid Total Assets 2013 518 192 813 60 561 794 699 2014 486 164 627 63 249 830 818 2015 410 184 764 59 424 911 301 2016 393 106 311 54 731 850 096 2017 377 140 037 55 128 908 804

Note: 1. These figures relate to the 28 societies that submitted financial statements between 2013 and 2017.

TABLE 10: TOP 20 SOCIETIES RANKED IN TERMS OF ASSET VALUE FOR THE YEAR ENDING 31 DECEMBER 2017

2017 2016 SOCIETY SOCIETY NAME TOTAL NUMBER ASSETS (R’000) 1 2 138747 NEW APOSTOLIC CHURCH BURIAL FUND 219 160 2 1 138445 GROEP-BEGRAFNISASSOSIASIE 209 626 3 3 1381109 PRINTING INDUSTRY EMPLOYEE BENEFIT FUND FOR SATU MEMBERS 106 860 4 4 138760 STERFTEFONDS VAN DIE ATKV 55 669 5 1381253 OAC BURIAL SOCIETY 50 593 6 5 138411 NATIONAL MUTUAL AID ASSOCIATION OF RAILWAY, AIRWAYS AND HARBOUR 41 981 SERVANTS (SA) 7 6 1381255 OAC BURIAL SOCIETY: DISTRICT WESTERN CAPE 39 125 8 7 138354 UNION CORPORATION MINES DEATH BENEFIT FUND 35 155 9 8 1381250 OAC BURIAL SOCIETY: DISTRICT GAUTENG 21 473 10 9 138813 FELTEX SICK PAY FUND 18 293 11 138422 AMALGAMATED UNION OF BUILDING TRADE WORKERS OF SA BENEFITS 16 904 FUND 12 10 1381267 LEBOWA FRIENDLY SOCIETY 15 887 13 11 1381254 OAC BURIAL SOCIETY: NORTHERN DISTRICT 15 411 14 12 1381251 OAC BURIAL SOCIETY: DISTRICT EASTERN CAPE 12 319 15 13 138942 LEATHER WORKERS DEATH SOCIETY 10 406 16 16 138539 PINETOWN TEXTILE MILLS MEDICAL BENEFIT SOCIETY 7 836 17 15 1381266 LEDWABA FRIENDLY SOCIETY 7 631 18 - 1381011 ARME MUSLIM BURIAL SOCIETY 6 763 19 19 1381096 PHILAROLD FUNERALS FRIENDLY SOCIETY 5 924 20 18 1381256 OAC BURIAL SOCIETY: DISTRICT FREE STATE 5 901

12 | TABLE 11: SELF-ADMINISTERED SOCIETIES IN DEFAULT FOR NON-SUBMISSION OF FINANCIAL RETURNS FOR THE YEAR ENDING 31 DECEMBER 2017

SOCIETY SOCIETY NAME NUMBER 1381327 12 APOSTLE CHURCH OF CHRIST BURIAL SOCIETY ALEXANDRA 1381149 AAM FRIENDLY SOCIETY 1381263 ACHIEVERS’ CLUB 1381117 AERO MANNEKRAGGROEP ONDERLINGE HULPVERENIGING (AMG OHV) 1381274 AFRIKA ONDERLINGE HULPVERENIGING 1381262 AMMUNITION AND ALLIED WORKERS FRIENDLY SOCIETY 1381278 APOSTOLIC JERUSALEM BURIAL SOCIETY (THE) 1381282 BAKGADITSI FAMILY BURIAL SOCIETY 1381237 BAMBANANI BURIAL SOCIETY 1381258 BDB BENEFIT SOCIETY 138900 BENEFITS FUND OF THE CAPE TOWN BRANCH OF THE NATIONAL UNION OF LEATHER & ALLIED WORKERS 138867 BENEFITS FUND OF THE MIDLAND BRANCH OF THE NATIONAL UNION OF LEATHER WORKERS 1381163 BOPANANG BURIAL SOCIETY 138817 CAPE TOWN EMBEE SICK BENEFIT SOCIETY 1381178 CHEMICAL AND OIL INDUSTRIES EDUCATION FUND (THE) 1381285 CLASSIC FRIENDLY SOCIETY 138722 CONSOLIDATED TEXTILES MEDICAL BENEFIT SOCIETY (EAST LONDON) 1381049 DEMOCRATIC INTEGRATED MUNICIPAL EMPLOYEES`SOCIETY`S BENEFIT FUND SCHEME 1381139 DIE SUID-AFRIKAANSE VOLKSVERENIGING 1381311 DIKHUTSANA AFRICAN FRIENDLY SOCIETY 1381284 DIPUTA FRIENDLY SOCIETY 1381194 DRS G & R DE MUELENAERE INC. FRIENDLY SOCIETY 1381031 EDUCATIONAL FUND OF THE NATIONAL UNION OF FURNITURE AND ALLIED WORKERS OF SA 138975 ELIM SPAARVERENIGING 1381143 EUREKA ALGEMENE HULPGENOOTSKAP 1381166 FORESTRY AND HORTICULTURE INDUSTRIES EDUCATION FUND 1381168 GLOBAL EDUCARE BENEFIT FUND 138726 GREAT NORTH BURIAL SOCIETY 138618 HARTEBEESTFONTEIN GOLD MINE EMPLOYEES BENEVOLENT SOCIETY 1381268 INTERCHURCH FUNERAL SERVICES SOCIETY 1381281 JAMIATUT TOLIEBIEN MUSLIM BURIAL SERVICES 1381280 KGOMOTSO SOCIETY 138556 KLERKSDORP MINES BENEFIT SOCIETY - MONETARY BENEFITS 138523 KRUGERSDORPSE ONDERLINGE BEGRAFNISGENOOTSKAP 138454 MODDERFONTEIN MUTUAL AID FUND 138343 MOTOUNION DEATH FUND 1381297 NDABA FRIENDLY SOCIETY 1381286 NEWCASTLE PEOPLE’S FRIENDLY SOCIETY 1381277 NON-MATHATA FRIENDLY SOCIETY 138919 NUMSA BENEFIT FUND 1381313 PALESA ENTLE GO BATHO BURIAL SOCIETY

2017 Annual report of the Registrar of Friendly Societies | 13 1381155 PERFORMA DIENSTEFONDS 1381039 PMP BENEVOLENT FUND 1381217 RHEMA FRIENDLY SOCIETY 138873 SA ELECTRICAL WORKERS ASSOCIATION SICKNESS AND ACCIDENT FUND 138963 SA WOODWORKERS UNION BENEVOLENT FUND 1381200 SASBO EDUCATION FUND 1381276 SIHLALI FRIENDLY SOCIETY 1381290 SOCIETY HELPER PROJECT FRIENDLY SOCIETY 1381054 SOMERSET WEST FACTORY MUTUAL AID FUND 1381059 SOUTH AFRICAN COMMERCIAL, CATERING AND ALLIED WORKERS` UNION BENEVOLENT FUND (THE SACCAWU BENEVOLENTFUND) 1381097 STAFF ASSOCIATION HOSPITALISATION FRIENDLY SOCIETY 1381271 T S BURIAL SOCIETY 1381309 TEXTILE OPEN BENEFIT SOCIETY 1381312 THE MOTORSPORT LEGENDS BENEVOLENT FRIENDLY SOCIETY 1381321 THE ROAD USER’S SOCIETY 1381231 TRANSAFRICA FUNERAL SOCIETY 138809 TRANSPORT AND OMNIBUS WORKERS`BENEVOLENT FUND 1381189 TRANSPORT INDUSTRIES EDUCATION FUND (THE) 1381192 TSWARAGANO FRIENDLY SOCIETY 138785 UITLIEFDE GENOOTSKAP 138804 UPINGTON EENDRACHT BEGRAFNISVERENIGING 138369 USCO SICK PAY AND BENEFIT FUND 1381017 VAAL REEFS BENEVOLENT FUND 138341 WESTERN PROVINCE BUILDING AND ALLIED TRADES SICK FUND AND DEATH BENEFIT FUND 1381279 ZENZELE FRIENDLY SOCIETY 1381275 ZIYA FRIENDLY SOCIETY

TABLE 12: REGISTERED SOCIETIES AS AT 31 DECEMBER 2017

SOCIETY SOCIETY NAME NUMBER 1381098 NAMPAK GROUP FAMILY FUNERAL BENEFIT PLAN 1381061 SAMANCOR FUNERAL BENEFIT SCHEME 1381136 MOTOR AND ALLIED WORKERS EDUCATION TRUST FUND 1381137 CONSTRUCTION INDUSTRIES EDUCATION TRUST FUND 1381178 CHEMICAL AND OIL INDUSTRIES EDUCATION FUND (THE) 1381179 BEVERAGE AND HOTEL INDUSTRIES EDUCATION FUND (THE) 1381181 FOOD INDUSTRIES EDUCATION FUND (THE) 1381182 ENGINEERING INDUSTRIES EDUCATION FUND (THE) 1381183 ELECTRONIC, ELECTRICAL AND BATTERY INDUSTRIES EDUCATION FUND (THE) 1381188 CLOTHING, FOOTWEAR AND TEXTILE INDUSTRIES EDUCATION (THE) 1381189 TRANSPORT INDUSTRIES EDUCATION FUND (THE) 1381190 MINING INDUSTRIES EDUCATION FUND (THE) 1381191 STEEL AND ALLIED INDUSTRIES EDUCATION FUND (THE) 138314 SOUTH AFRICAN PRINTERS SICK BENEFIT SOCIETY 138341 WESTERN PROVINCE BUILDING AND ALLIED TRADES SICK FUND AND DEATH BENEFIT FUND

14 | 138343 MOTOUNION DEATH FUND 138344 SAICCOR SICK BENEFIT FUND 138350 POST OFFICE DEPENDANTS AID SOCIETY 138354 UNION CORPORATION MINES DEATH BENEFIT FUND 138369 USCO SICK PAY AND BENEFIT FUND 138379 NATAL DISTRICT OF THE INDEPENDENT ORDER OF ODD FELLOWS MANCHESTER UNITY FRIENDLY SOCIETY 138381 LOYAL DURBAN LODGE NO 5403 OF THE NATAL DISTRICT IOOF MUFS 138385 LOYAL BELLAIR LODGE NO 7919 OF THE NATAL DISTRICT IOOF MUFS 138395 NOORDELIKE BOUWERKERSVAKBOND 138411 NATIONAL MUTUAL AID ASSOCIATION OF RAILWAY, AIRWAYS AND HARBOUR SERVANTS (SA) 138414 EASTERN PROVINCE NEWSPAPERS SICK PAY FUND 138422 AMALGAMATED UNION OF BUILDING TRADE WORKERS OF SA BENEFITS FUND 138445 GROEP-BEGRAFNISASSOSIASIE 138454 MODDERFONTEIN MUTUAL AID FUND 138459 SA DISTRICT INDEPENDENT ORDER OF ODD FELLOWS, MANCHESTER UNITY FRIENDLY SOCIETY 138467 SACTA LIFE ASSURANCE SCHEME 138476 SANTA PORT ELIZABETH BRANCH CONTRIBUTORY SICK FUND 138482 METAL BOX NON-EUROPEAN BENEFIT SOCIETY 138514 FRAME TEXTILE CORPORATION LTD (LADYSMITH MILLS) MEDICAL BENEFIT SOCIETY 138523 KRUGERSDORPSE ONDERLINGE BEGRAFNIS GENOOTSKAP 138528 WORKERS WELFARE FUND 138539 PINETOWN TEXTILE MILLS MEDICAL BENEFIT SOCIETY 138552 FRAME MEDICAL BENEFIT SOCIETY (DURBAN) 138556 KLERKSDORP MINES BENEFIT SOCIETY - MONETARY BENEFITS 138569 JOURNALISTS JOINT UNEMPLOYMENT BENEFIT FUND 138588 LOYAL VICTORIA LODGE NO 6119 OF THE SA DISTRICT IOOF MUFS 138592 ULCO EUROPEAN EMPLOYEES WELFARE FUND 138593 TRAWLERMENS SICK BENEFIT AND BENEVOLENT FUND 138610 INDEPENDENT MOSLEM BURIAL SOCIETY 138618 HARTEBEESTFONTEIN GOLD MINE EMPLOYEES BENEVOLENT SOCIETY 138634 GOLDEN ARROW EMPLOYEES` BENEVOLENT FUND 138638 SPOEGRIVIER BEGRAFNISGENOOTSKAP 138651 EAST LONDON COLOURED PEOPLES BURIAL SOCIETY 138656 STAR OF KILMARNOCK LODGE (A.O.F.G.) SCOTLAND NO 99 138685 CHURCH OF GOD OF RSA BURIAL SOCIETY 138688 SOUTHFIELD DOOD EN HULPGENOOTSKAP 138689 LELIEBLOEM HULP EN DOODGENOOTSKAP 138691 GOEDEMOED DOODGENOOTSKAP 138692 WELCOME ESTATE BURIAL SOCIETY 138695 ST DAVID LODGE NO.1 ORDER OF FREE GARDENERS (AFRICA) 138704 LOYAL ALFRED LODGE FRIENDLY SOCIETY NO 5072 138720 GLYNNS BENEFIT FUND 138722 CONSOLIDATED TEXTILES MEDICAL BENEFIT SOCIETY (EAST LONDON) 138725 HARMONY GENOOTSKAP 138726 GREAT NORTH BURIAL SOCIETY

2017 Annual report of the Registrar of Friendly Societies | 15 138735 HELPMEKAAR GENOOTSKAP 138740 FREE STATE GEDULD MINES LIMITED BENEVOLENT FUND 138742 PIONEER ISLAMIC FRIENDLY SOCIETY 138747 NEW APOSTOLIC CHURCH BURIAL FUND 138749 TRANSVAAL MUSLIM BURIAL SOCIETY 138760 STERFTEFONDS VAN DIE ATKV 138764 GRAND LODGE FREE GARDENERS 138775 BATTSWOOD DOODGENOOTSKAP 138785 UITLIEFDE GENOOTSKAP 138804 UPINGTON EENDRACHT BEGRAFNISVERENIGING 138806 KEIMOES EENDRACHT BEGRAFNIS VERENIGING 138809 TRANSPORT AND OMNIBUS WORKERS`BENEVOLENT FUND 138811 ROBERTSON ALGEMENE HULPGENOOTSKAP 138812 ALL SAINTS BURIAL SOCIETY 138813 FELTEX SICK PAY FUND 138817 CAPE TOWN EMBEE SICK BENEFIT SOCIETY 138818 VREDEHULP DOODGENOOTSKAP 138846 RETREAT BEGRAFNISVERENIGING 138853 NATIONAL UNION OF LEATHER AND ALLIED WORKERS NORTHERN DISTRICT DISTRESS FUND 138867 BENEFITS FUND OF THE MIDLAND BRANCH OF THE NATIONAL UNION OF LEATHER WORKERS 138873 SA ELECTRICAL WORKERS ASSOCIATION SICKNESS AND ACCIDENT FUND 138881 BENEFIT FUND OF THE NATIONAL UNION OF LEATHER WORKERS 138883 CAPE FRIENDLY SOCIETY 138887 DURBAN LEATHER WORKERS’ BENEFITS FUND 138900 BENEFITS FUND OF THE CAPE TOWN BRANCH OF THE NATIONAL UNION OF LEATHER & ALLIED WORKERS 138919 NUMSA BENEFIT FUND 138930 UMBOGINTWINI FACTORY MUTUAL AID FUND 138933 INDEPENDENT BENEFIT SOCIETY 138935 EASTERN PROVINCE OWNERS AND TRAINERS BENEVOLENT FUND 138938 MIDLAND FACTORY MUTUAL AID FUND 138940 JOHANNESBURG TRANSPORT AND MUNICIPAL EMPLOYEES UNION SICKNESS AND ACCIDENT BENEFIT FUND 138942 LEATHER WORKERS DEATH SOCIETY 138960 EAST COAST EMPLOYEES BENEFIT PLAN 138963 SA WOODWORKERS UNION BENEVOLENT FUND 138966 ELIM BEGRAFNISVERENIGING 138975 ELIM SPAARVERENIGING 138996 PERSKOR TEGNIESE PERSONEEL SIEKEFONDS 1381010 ARGUS SICK PAY FUND 1381011 ARME MUSLIM BURIAL SOCIETY 1381015 BARRYDALESE KLEURLING BEGRAFNISGENOOTSKAP 1381017 VAAL REEFS BENEVOLENT FUND 1381022 SOMERSET OOS BEGRAFNISVERENIGING 1381027 MAIN TIN INDIAN BENEFIT SOCIETY 1381031 EDUCATIONAL FUND OF THE NATIONAL UNION OF FURNITURE AND ALLIED WORKERS OF SA 1381033 STEWARTS AND LLOYDS GROUP SICK PAY FUND

16 | 1381039 PMP BENEVOLENT FUND 1381049 DEMOCRATIC INTEGRATED MUNICIPAL EMPLOYEES` SOCIETY`S BENEFIT FUND SCHEME 1381050 MAMRE HULP BEGRAFNIS GENOOTSKAP 1381054 SOMERSET WEST FACTORY MUTUAL AID FUND 1381057 POLIFIN MUTUAL AID FUND 1381059 SOUTH AFRICAN COMMERCIAL, CATERING AND ALLIED WORKERS` UNION BENEVOLENT FUND (THE SACCAWU BENEVOLENTFUND) 1381063 JEWELLERS AND GOLDSMITHS UNION BENEVOLENT FUND 1381065 KAROO EENDRACHT BEGRAFNISVERENIGING 1381066 MIDDELBURG (KAAP) EENDRACHT BEGRAFNISVERENIGING 1381070 AREBOLOKANENG S.A. SOCIETY 1381071 IPOLOENG BURIAL CLUB 1381073 ZWAMITA SAVING CLUB 1381079 TIRHISANANI BURIAL SOCIETY 1381083 HLOMANI BURIAL SOCIETY 1381084 ROVONINGO BURIAL SOCIETY 1381086 TIHARIHANI BURIAL SOCIETY 1381090 BENEVOLENT SOCIETY OF THE SOUTHERN AFRICA UNION CONFERENCE OF THE SEVENTH DAY ADVENTIST 1381093 RIEBEEK-WES BEGRAFNISGENOOTSKAP 1381094 PHILLIPPI HULPGENOOTSKAP 1381096 PHILAROLD FUNERALS FRIENDLY SOCIETY 1381097 STAFF ASSOCIATION HOSPITALISATION FRIENDLY SOCIETY 1381100 BETHEL BEGRAFNIS GENOOTSKAP 1381108 CORRECTIONAL SERVICES WIDOW AND ORPHAN SOCIETY 1381109 PRINTING INDUSTRY EMPLOYEE BENEFIT FUND FOR SATU MEMBERS 1381111 THE SOUTH AFRICAN EDUCATION TRUST FUND 1381117 AERO MANNEKRAGGROEP ONDERLINGE HULPVERENIGING (AMG OHV) 1381125 P A B ONDERLINGE HULPVERENIGING 1381131 DADDIES BURIAL SOCIETY 1381133 KING`S SCHOOL BRYANSTON PARENTS AND PUPILS EDUCATION TRUST FUND 1381139 DIE SUID-AFRIKAANSE VOLKSVERENIGING 1381143 EUREKA ALGEMENE HULPGENOOTSKAP 1381144 ZIKLIFE FUNERAL BENEFIT FUND 1381149 AAM FRIENDLY SOCIETY 1381154 EDUCO BENEFIT FUND 1381155 PERFORMA DIENSTEFONDS 1381158 UTLWANANG BURIAL SOCIETY 1381163 BOPANANG BURIAL SOCIETY 1381166 FORESTRY AND HORTICULTURE INDUSTRIES EDUCATION FUND 1381168 GLOBAL EDUCARE BENEFIT FUND 1381174 RIDGE EDUCATIONAL TRUST FRIENDLY SOCIETY 1381177 PHARMACEUTICAL AND MEDICAL INDUSTRIES EDUCATION FUND (THE) 1381192 TSWARAGANO FRIENDLY SOCIETY 1381194 DRS G & R DE MUELENAERE INC. FRIENDLY SOCIETY 1381203 RHINO EMPLOYEES BENEVOLENT FUND 1381206 H NAUDE FRIENDLY SOCIETY

2017 Annual report of the Registrar of Friendly Societies | 17 1381217 RHEMA FRIENDLY SOCIETY 1381231 TRANSAFRICA FUNERAL SOCIETY 1381232 MUAVHA BURIAL SOCIETY 1381237 BAMBANANI BURIAL SOCIETY 1381238 FRIENDS FOR LIFE 1381241 IKEMELENG WOMEN’S CLUB 1381242 MASINCEDISANE SOCIETY SCHEME 1381244 SIZANANI BURIAL SOCIETY 1381250 OAC BURIAL SOCIETY: DISTRICT GAUTENG 1381251 OAC BURIAL SOCIETY: DISTRICT EASTERN CAPE 1381252 OAC BURIAL SOCIETY: DISTRICT KWAZULU-NATAL 1381253 OAC BURIAL SOCIETY 1381254 OAC BURIAL SOCIETY: NORTHERN DISTRICT 1381255 OAC BURIAL SOCIETY: DISTRICT WESTERN CAPE 1381256 OAC BURIAL SOCIETY: DISTRICT FREE STATE 1381258 BDB BENEFIT SOCIETY 1381262 AMMUNITION AND ALLIED WORKERS FRIENDLY SOCIETY 1381263 ACHIEVERS’ CLUB 1381266 LEDWABA FRIENDLY SOCIETY 1381267 LEBOWA FRIENDLY SOCIETY 1381268 INTERCHURCH FUNERAL SERVICES SOCIETY 1381271 T S BURIAL SOCIETY 1381272 CHRISTELIKE HULPGENOOTSKAP (DIE) 1381274 AFRIKA ONDERLINGE HULPVERENIGING 1381275 ZIYA FRIENDLY SOCIETY 1381276 SIHLALI FRIENDLY SOCIETY 1381277 NON-MATHATA FRIENDLY SOCIETY 1381278 APOSTOLIC JERUSALEM BURIAL SOCIETY (THE) 1381279 ZENZELE FRIENDLY SOCIETY 1381280 KGOMOTSO SOCIETY 1381281 JAMIATUT TOLIEBIEN MUSLIM BURIAL SERVICES 1381282 BAKGADITSI FAMILY BURIAL SOCIETY 1381284 DIPUTA FRIENDLY SOCIETY 1381285 CLASSIC FRIENDLY SOCIETY 1381286 NEWCASTLE PEOPLE’S FRIENDLY SOCIETY 1381290 SOCIETY HELPER PROJECT FRIENDLY SOCIETY 1381292 VERONICA’S FUNERALS FRIENDLY SOCIETY 1381297 NDABA FRIENDLY SOCIETY 1381311 DIKHUTSANA AFRICAN FRIENDLY SOCIETY 1381312 THE MOTORSPORT LEGENDS BENEVOLENT FRIENDLY SOCIETY 1381313 PALESA ENTLE GO BATHO BURIAL SOCIETY 1381319 CHURCH OF JESUS CHRIST OUTREACH SOCIETY 1381321 THE ROAD USERS’ SOCIETY 1381327 12 APOSTLE CHURCH OF CHRIST BURIAL SOCIETY ALEXANDRA 1381200 SASBO EDUCATION FUND 1381309 TEXTILE OPEN BENEFIT SOCIETY

18 | 2018 Annual Report | 19 RP: 101/2019 ISBN: 978-0-621-47233-2