View Annual Report

Total Page:16

File Type:pdf, Size:1020Kb

View Annual Report ADMINISTRATION CONTENTS Secretary and registered offi ce Corporate law advisers THE EXXARO GROUP Group in brief MS Viljoen CLS Consulting Services (Pty) Limited Strategic focus areas EXXARO ANNUAL REPORT 2009 REPORT EXXARO ANNUAL Exxaro Resources Limited Business objectives, highlights and Roger Dyason Road United States ADR Depositary group structure Pretoria West The Bank of New York With assets of R23 billion, Exxaro is among the top 2 Key ratios Pretoria 101 Barclay Street 3 Geographical locations 0183 New York NY 10286 40 companies on the JSE Limited (JSE) by market 4 Group at a glance (operations) PO Box 9229 United States of America Annual report capitalisation, and one of the 30 best-performing 6 Group review at a glance (fi nancials) Pretoria 8 Summary of business operations 0001 Sponsor FOR THE YEAR ENDED 31 DECEMBER 2009 constituents of the JSE’s Socially Responsible 10 Chairman’s statement South Africa Deutsche Securities (SA) (Pty) Limited Investment index. Telephone +27 12 307 5000 3 Exchange Square 14 Chief executive offi cer’s review 20 Financial review 87 Maude Street Exxaro is a diverse resources group with a portfolio Company registration number: 2000/011076/06 Sandton 32 Macro-economic and commodity review 2196 spanning coal, mineral sands, base metals and iron 38 Business operations review JSE share code: EXX VISION: THROUGH OUR INNOVATION AND GROWTH, WE WILL BE A ore and operations in South Africa, Australia, Namibia 49 Growth ZAE000084992 ISIN code: Registrars POWERFUL SOURCE OF ENDLESS POSSIBILITIES. 51 Review of mineral resources and reserves Computershare Investor Services (Pty) Limited and China. Exxaro has an unfolding pipeline of growth 66 Executive committee Auditors Ground Floor, 70 Marshall Street MISSION: WE CREATE UNRIVALLED VALUE FOR ALL STAKEHOLDERS projects that is arguably among the best in its 68 Directorate Deloitte & Touche Johannesburg Private Bag X6 2001 OF OUR DIVERSIFIED RESOURCES BUSINESS THROUGH OUR peer group. Governance and Sustainability Gallo Manor PO Box 61051 PROCESSES, THINKING AND PASSION. 72 Corporate governance 2052 Marshalltown The group’s reviewed strategic focus, record of 78 Shareholder information 2107 79 Shareholders’ analysis innovation and focus on sustainable development Commercial bankers 81 Risk management Absa Bank Limited VALUES: > EMPOWERED TO GROW AND CONTRIBUTE – DEVELOPING underpin its promise to contribute to the economic 84 Sustainable development growth of South Africa. 86 Approach to safety and sustainable AND DEPLOYING OUR KNOWLEDGE AND INGENUITY TO ACHIEVE OUR development SHAREHOLDERS’ DIARY VISION. WE FOCUS ON PEOPLE, CREATE FREEDOM TO INNOVATE AND 91 Safety and sustainable development COLLABORATE, RESPECT INDIVIDUALITY, HAVE FUN AND RISE TO performance 113 Economic performance FINANCIAL YEAR-END 31 December CHALLENGES. > TEAMWORK – WE SUCCEED TOGETHER THROUGH 115 Social performance ANNUAL GENERAL MEETING April/May A CLIMATE OF RESPECT AND EQUALITY. > COMMITTED TO 125 Society REPORTS AND ACCOUNTS ABOUT THIS REPORT 126 Legislative compliance/mining charter Announcement of annual results February EXCELLENCE – WE TAKE OWNERSHIP, PROVIDE VISIBLE LEADERSHIP scorecard Annual report March AND ENCOURAGE COLLABORATION, COMMITMENT AND CREATIVITY 131 Independent assurance statement to the directors and management of Exxaro Interim report for the half-year ending 30 June August FOR THE BENEFIT OF ALL. > HONEST RESPONSIBILITY – WE SPEAK Guided by global best-practice standards and ongoing consultation with Resources Limited DISTRIBUTION THE TRUTH AND ACCEPT ACCOUNTABILITY FOR OUR ACTIONS. stakeholders, Exxaro publishes an integrated annual report detailing the 133 GRI indicator index Final dividend declaration February group’s economic, social and environmental performance. The full report is Supplementary fi nancial information Payment March/April 137 Group cash value added statements also available on www.exxaro.com and on CD, where pertinent case studies are Interim dividend declaration August 138 Selected group fi nancial data translated included. Copies of this information are available on request (contact details into US dollars Payment September are on the inside back cover). 139 Defi nitions Financial statements The cover of this document is printed on Trucard Recycled 330gsm. It contains 50% postconsumer de-inked pulp, is FSC certifi ed and carries the NAPM 141 Annual fi nancial statements recycled mark. The body of this document is printed on Cartridge 120gsm. A minimum of 30% fi bre used in making this paper comes from well-managed forests Administration independently certifi ed according to the rules of the Forest Stewardship Council. 259 Notice of annual general meeting 263 Biographies of directors up for re-election Carbon offset GFN<I@E>GFJJ@9@C@KP www.exxaro.com 275 Form of proxy The carbon footprint arising from the paper production, printing and distribution of this annual report will be determined and offset. www.exxaro.com BASTION GRAPHICS ADMINISTRATION CONTENTS Secretary and registered offi ce Corporate law advisers THE EXXARO GROUP Group in brief MS Viljoen CLS Consulting Services (Pty) Limited Strategic focus areas EXXARO ANNUAL REPORT 2009 REPORT EXXARO ANNUAL Exxaro Resources Limited Business objectives, highlights and Roger Dyason Road United States ADR Depositary group structure Pretoria West The Bank of New York With assets of R23 billion, Exxaro is among the top 2 Key ratios Pretoria 101 Barclay Street 3 Geographical locations 0183 New York NY 10286 40 companies on the JSE Limited (JSE) by market 4 Group at a glance (operations) PO Box 9229 United States of America Annual report capitalisation, and one of the 30 best-performing 6 Group review at a glance (fi nancials) Pretoria 8 Summary of business operations 0001 Sponsor FOR THE YEAR ENDED 31 DECEMBER 2009 constituents of the JSE’s Socially Responsible 10 Chairman’s statement South Africa Deutsche Securities (SA) (Pty) Limited Investment index. Telephone +27 12 307 5000 3 Exchange Square 14 Chief executive offi cer’s review 20 Financial review 87 Maude Street Exxaro is a diverse resources group with a portfolio Company registration number: 2000/011076/06 Sandton 32 Macro-economic and commodity review 2196 spanning coal, mineral sands, base metals and iron 38 Business operations review JSE share code: EXX VISION: THROUGH OUR INNOVATION AND GROWTH, WE WILL BE A ore and operations in South Africa, Australia, Namibia 49 Growth ZAE000084992 ISIN code: Registrars POWERFUL SOURCE OF ENDLESS POSSIBILITIES. 51 Review of mineral resources and reserves Computershare Investor Services (Pty) Limited and China. Exxaro has an unfolding pipeline of growth 66 Executive committee Auditors Ground Floor, 70 Marshall Street MISSION: WE CREATE UNRIVALLED VALUE FOR ALL STAKEHOLDERS projects that is arguably among the best in its 68 Directorate Deloitte & Touche Johannesburg Private Bag X6 2001 OF OUR DIVERSIFIED RESOURCES BUSINESS THROUGH OUR peer group. Governance and Sustainability Gallo Manor PO Box 61051 PROCESSES, THINKING AND PASSION. 72 Corporate governance 2052 Marshalltown The group’s reviewed strategic focus, record of 78 Shareholder information 2107 79 Shareholders’ analysis innovation and focus on sustainable development Commercial bankers 81 Risk management Absa Bank Limited VALUES: > EMPOWERED TO GROW AND CONTRIBUTE – DEVELOPING underpin its promise to contribute to the economic 84 Sustainable development growth of South Africa. 86 Approach to safety and sustainable AND DEPLOYING OUR KNOWLEDGE AND INGENUITY TO ACHIEVE OUR development SHAREHOLDERS’ DIARY VISION. WE FOCUS ON PEOPLE, CREATE FREEDOM TO INNOVATE AND 91 Safety and sustainable development COLLABORATE, RESPECT INDIVIDUALITY, HAVE FUN AND RISE TO performance 113 Economic performance FINANCIAL YEAR-END 31 December CHALLENGES. > TEAMWORK – WE SUCCEED TOGETHER THROUGH 115 Social performance ANNUAL GENERAL MEETING April/May A CLIMATE OF RESPECT AND EQUALITY. > COMMITTED TO 125 Society REPORTS AND ACCOUNTS ABOUT THIS REPORT 126 Legislative compliance/mining charter Announcement of annual results February EXCELLENCE – WE TAKE OWNERSHIP, PROVIDE VISIBLE LEADERSHIP scorecard Annual report March AND ENCOURAGE COLLABORATION, COMMITMENT AND CREATIVITY 131 Independent assurance statement to the directors and management of Exxaro Interim report for the half-year ending 30 June August FOR THE BENEFIT OF ALL. > HONEST RESPONSIBILITY – WE SPEAK Guided by global best-practice standards and ongoing consultation with Resources Limited DISTRIBUTION THE TRUTH AND ACCEPT ACCOUNTABILITY FOR OUR ACTIONS. stakeholders, Exxaro publishes an integrated annual report detailing the 133 GRI indicator index Final dividend declaration February group’s economic, social and environmental performance. The full report is Supplementary fi nancial information Payment March/April 137 Group cash value added statements also available on www.exxaro.com and on CD, where pertinent case studies are Interim dividend declaration August 138 Selected group fi nancial data translated included. Copies of this information are available on request (contact details into US dollars Payment September are on the inside back cover). 139 Defi nitions Financial statements The cover of this document is printed on Trucard Recycled 330gsm. It contains 50% postconsumer de-inked pulp, is FSC certifi ed and carries the NAPM 141 Annual fi nancial statements recycled mark. The body of this document is printed on Cartridge 120gsm. A minimum of 30% fi bre used in making this paper comes from well-managed forests
Recommended publications
  • List & Contacts of Project Developers
    LIST & CONTACTS OF PROJECT DEVELOPERS PROJECT NAME PROJECT OWNER ADDRESS CONTACT PERSON CONTACT No. E-MAIL PROJECT TYPE PROJECT LOCATION Kuyasa low cost urban housing Tel: 012 349 1901 7200 Fax: energy project City of Cape Town Private Bag X 4, Parow, 7499 Mr Osman Asmal 2716 976 2650 Cell: [email protected] Energy Efficiency Cape Town, Western Cape P O Box 35630, Menlo Park, Hydro power electricity Bethlehem Hydro NuPlanet BV 0102 Mr Anton Lewis Tel: 012 349 1901 [email protected] generation Bethlehem, Free State Province 65 Parklane,PO Box 782178, Tel: 031 910 1344 Cell: 082 Fuel switching from coal Rosslyn brewery fuel switch project South African Brewery Sandton, Mr Tony Cole 924 2176 Fax: 086 687 1124 [email protected] to natural gas Rosslyn, Gauteng P.O.Box 210367, Durban North, Tel: 031 560 3419 Fax: 031 560 Fuel switching from coal Lawley fuel switch project Corobrik 4016 Mr Dirk Meyer 3483 [email protected] to natural gas Johannesburg, Gauteng P O Box 829, Rant-en-Dal 1751, Tel: 021 883 3474 Fax: 021 425 PetroSA biogas to energy project Methcap (pty)Ltd South Africa Adv Johan van der Berg 5055 [email protected] Cogeneration Mossel Bay, Western Cape 101 Devon House 20, Georgian Crescent Hampton Office Park, Tel: 011 514 0441 Cell:083 258 Emfuleni power project EcoElectrica (pty) Ltd Bryanston Ms Vanessa Gounden 3249 [email protected] Cogeneration Vanderbjilpark, Gauteng Durban Landfilling gas to electricity project - Marrianhill and La Mercy 17 Electron Road, Springfield, Tel: 27 31 2631 371 Fax: 27 31 Methane recovery and landfills Ethekwini Municipality PO Box 1038 Dr.
    [Show full text]
  • Employment Equity Act, 1998 (Act No
    I STAATSKOERANT, 8 AUGUSTUS 2008 No. 31279 3 DEPARTMENT OF LABOUR / No. R. 806 8 August 2008 PUBLIC REGISTER NOTICE EMPLOYMENT EQUITY ACT, 1998 (ACT NO. 55 OF 1998) I, Membathisi Mphumzi Shepherd Mdladlana, Minister of Labour, publish in the attached Schedule hereto the register maintained in terms of Section 41 of the Employment Equity Act, 1998 (Act No. 55 of 1998) of designated employers that have submitted employment equity reports in terms of Section 21, of the EmplowEquity Act, Act No. 55 of 1998. S MDLADLANA OF LABOUR 09/07/08 - - INo. R. 806 8 August 2008 I ISAZlSO SASEREJISTRJ SOLUNTU UMTHETHO WOKULUNGELELANISA INGQESHO, (UMTHETHO OYINOMBOLO YAMA-55 KA-1998) Mna, Membathisi Mphumzi Shepherd Mdladlana, uMphathiswa wezeMisebenzi, ndipapasha kule Shedyuli iqhakamshelwe apha irejista egcina ngokwemiqathango yeCandelo 41 IomThetho wokuLungelelanisa iNgqesho, ka- 1998 (umThetho oyiNombolo yama-55 ka-I998) izikhundla zabaqeshi abangenise iingxelo zokuLungelelanisa iNgqesho ngokwemigaqo yecandelo 21, IomThetho wokuLungelelanisa iNgqesho, umThetho oyiNombolo yama-55 ka- 4 No. 31279 GOVERNMENT GAZETTE, 8 AUGUST 2008 List of Designated Employers who reported for the 1st October 2007 reporting cycle The employers listed below submitted their employment equity reports for the 2007 reporting period and complied with the Employment Equity Amended Regulations published on 18 August 2006 by providing accurate and fully completed forms as required by paragraph 6.3 of the Regulations. Descri~tionof terms: Business name: This is the name of the designated
    [Show full text]
  • The Unraveling of a Fertiliser Cartel As Sasol Settles with the Commission on a Record Fine Fertiliser Cartel As
    Edition 32 • June 2009 In this Edition Page 1 - 4 The Unraveling of a The Unraveling of a Fertiliser Cartel as Sasol settles with the Commission on a Record Fine Fertiliser Cartel as Page 2 Editorial Note Sasol Settles with the Page 5 Commission on a Record ICN Merger and Unilateral Conduct Workshops Fine Page 6 R250 million, representing 8% of its Practitioners meeting Sasol Nitro division’s turnover. Below we briefly discuss the cases as well as the Commission’s approach to this Page 7-8 settlement. Merger between Much Asphalt, Gauteng Asphalt, Road Seal and The Nutri-Flo Complaint Road Seal Properties In November 2003, Nutri-Flo, a small Page 9-10 fertiliser blender and distributor (a The Competition Act and Professional customer of Sasol), lodged a complaint Associations with the Commission alleging that three large fertiliser suppliers in South Africa, Sasol, Kynoch and Omnia, were Page 11-12 engaged in collusion by dividing the The Organisation for Economic Co- markets for various fertiliser products operation and Development and the such as Limestone Ammonium Nitrate Global Forum on Competition, 2009 (LAN) and by fixing prices of LAN and other fertiliser products. Further, By: Tembinkosi Bonakele Nutri-Flo alleged that Sasol had Page 13-14 abused its dominance by engaging Competition Commission of South in excessive pricing in respect of LAN On 20 May 2009 the Competition Africa against Senwes Limited and Ammonium Nitrate Solution (ANS) Tribunal (‘the Tribunal’) confirmed and in exclusionary conduct through the settlement agreement between an effective margin squeeze. the Competition Commission (‘the Page 14-15 Commission’) and Sasol Chemical Competition Commission Initiates During its investigation of the complaint Industries (‘Sasol’).
    [Show full text]
  • THRIP Annual Report 20152016.Pdf
    The International Year of Pulses The International Year of Pulses 2016 aims to heighten public awareness of the nutritional benefits of pulses as part of sustainable food production aimed towards food security and nutrition. The Year will create a unique opportunity to encourage connections throughout the food chain that would better utilize pulse-based proteins, further global production of pulses, better utilize crop rotations and address the challenges in the trade of pulses. PULSES CONTRIBUTE TO FOOD SECURITY Food security exists when all people, at all times, have physical, social and economic access to sufficient, safe and nutritious food which meets their dietary needs and food preferences for an active and healthy life. Food insecurity is a major issue for many people and households in poor and developing countries — it is estimated that 795 million people are undernourished. Pulses can help contribute to food security in a number of ways. Content Page THRIP Profile ..................................................................2 Message from the NRF .....................................................4 Key Performance Indicator ................................................5 THRIP KPIs .....................................................................6 List of projects supported ..................................................7 Annual Financial Statements ............................................21 Acronyms and Abbreviations BBBEE Broad Based Black Economic Empowerment CEO Chief Executive Officer GRAP Generally Recognised
    [Show full text]
  • 43344 22-05 Legala
    Government Gazette Staatskoerant REPUBLIC OF SOUTH AFRICA REPUBLIEK VAN SUID-AFRIKA May Vol. 659 Pretoria, 22 2020 Mei No. 43344 LEGAL NOTICES A WETLIKE KENNISGEWINGS ISSN 1682-5843 N.B. The Government Printing Works will 43344 not be held responsible for the quality of “Hard Copies” or “Electronic Files” submitted for publication purposes 9 771682 584003 AIDS HELPLINE: 0800-0123-22 Prevention is the cure 2 No. 43344 GOVERNMENT GAZETTE, 22 MAY 2020 IMPORTANT NOTICE OF OFFICE RELOCATION Private Bag X85, PRETORIA, 0001 149 Bosman Street, PRETORIA Tel: 012 748 6197, Website: www.gpwonline.co.za URGENT NOTICE TO OUR VALUED CUSTOMERS: PUBLICATIONS OFFICE’S RELOCATION HAS BEEN TEMPORARILY SUSPENDED. Please be advised that the GPW Publications office will no longer move to 88 Visagie Street as indicated in the previous notices. The move has been suspended due to the fact that the new building in 88 Visagie Street is not ready for occupation yet. We will later on issue another notice informing you of the new date of relocation. We are doing everything possible to ensure that our service to you is not disrupted. As things stand, we will continue providing you with our normal service from the current location at 196 Paul Kruger Street, Masada building. Customers who seek further information and or have any questions or concerns are free to contact us through telephone 012 748 6066 or email Ms Maureen Toka at [email protected] or cell phone at 082 859 4910. Please note that you will still be able to download gazettes free of charge from our website www.gpwonline.co.za.
    [Show full text]
  • South African National Profile
    Department of Environmental Affairs and Tourism South African National Profile 2002-2005 A comprehensive assessment of the national infrastructure relating to the legal, administrative and technical aspects of chemicals management in South Africa Publisher Chemical and Hazardous Waste Management Department of Environmental Affairs and Tourism Private Bag X447 Pretoria 0001 South Africa Printer Siyaya Publishing PO Box 11273, Hatfield, 0028 Tel +27 12 460 0984 ISBN No 0-620-35993-5 Website: www.deat.gov.za ACKNOWLEDGEMENTS The National Profile was initiated under the direction of Mr. E B Mathebula, and subsequently, Dr G Mvuma. Other team members at the Department of Environmental Affairs and Tourism, namely, Ms Zini Manana, and Ms Thembisile Kumalo, contributed to data collection, analysis and overall project management. Their support and contribution is greatly appreciated. The Argus Gibb initiated data collection and writing of this document. Special thanks to Mr. Tim Knights who completed the project. The National Profile would not be complete without the contribution of our stakeholders, namely, national departments of Agriculture, Health, Labour, Trade and Industry, Transport, Water Affairs and Forestry and their Agencies; provincial departments of Agriculture and Environment; Non-Governmental Organizations (NGOs), namely, Groundwork and EarthLife, AVCASA, the Basel Convention Regional Centre; industrial associations like CAIA, and special thanks to Dr Lorraine Lotter for her contributions. DEAT wishes to take this opportunity to thank United Nations Institute for Training and Research (UNITAR) for providing guidance, and financial support towards the production of this report and for supporting workshops related to this project. Thanks also go to the government of Switzerland and the European Commission for financing the completion of the National Profile and related activities.
    [Show full text]
  • Productivity Growth in the South African Coal Mining Industry : 1950 - 1980
    PRODUCTIVITY GROWTH IN THE SOUTH AFRICAN COAL MINING INDUSTRY : 1950 - 1980 ROBERT ARTHUR JONES A thesis submitted to the Faculty of Commerce, University of the Witwatersrand, Johannesburg, in fulfilm ent.of the requirements for the degree of Doctor of Philosophy, Johannesburg, 1983 DECLARATION I hereby declare that this thesis is my own unaided work and has not been previously submitted, in part or in whole, for a degree at any other U niversity. ACKNOWLEDGEMENTS This thesis would not have been possible without the willing co­ operation received from many people directly and indirectly connected with the coal mining industry in South Africa. During the course of my research I have visited twenty six collieries, five ESCOM power stations, 1SC0R, SASOL, and innumerable private firms including manufacturers of mining machinery. I have persistently bothered the personnel of the Economics Department of the Reserve Bank, Department of Mineral and Energy A ffa irs , Minerals Bureau, Chamber of Mines, Fuel Research Institute, and the different mining houses and marketing organisations with a wide range of queries and requests for statistics and information. I have attended seminars, participated in training sessions, and sat in on management meetings. I have talked to mine managers, miners, artisans, machine operators, engineers, geologists, training personnel and trade-uni on officials. At all times my brief has been to ask questions, listen, observe and learn. I mention no names in particular for that would be odious to those I omit. They have c o lle c tiv e ly moulded my knowledge. I thank them a ll. I g ra te fu lly acknowledge a bursary from the Human Sciences Research Council which fa c ilita te d my investigations.
    [Show full text]
  • Sasol Request for Quotations
    Sasol Request For Quotations Barnard is laryngitic: she collocate free and normalising her series. Inundant Manfred always unsworn toroidalhis cornetists Herb performif King is some undreamed-of recce? or come convincingly. How springy is Greg when thousand and Certain instances we requested for quotation. No check in existence or that Sasol Energy USA LLC was not served with either petition. South Africa's Sasol abandons exploration blocks offshore Mozambique Account. This complete a single person may consider it services rendered by feedback we operate coal mining. Commerce Business Daily. We request a former member is. Plaintiff Dennis Kelly was an employee of Sasol North America Inc Sasol from 2001 to. Upon a positive impacts of production costs which can depress ebit margins, hold such holders are invited for third parties. Additional stonework sections. Sasol market share enhanced PMI. Negotiations or request quotations or proposals unless authorities have truthful business. He is consistent throughout their quotation. In addition it? Third quarter 2020 for the anguish for quotations which plant part help the. The quotation box, state of our forecasts, have an estimate hours. Speelgoed en spellen 43 OVP ONYX GDE JORDAN 194 SASOL. Tender planned for Richard Bay LNG import terminal and South. Available tenders Sibanye-Stillwater. Quotation or proposal documentation for suppliers to trade them already include plans on please use of. Addressing some of these guidelines where we requested by adding that certain cases was limited group, requests for crude sweetening. Moshell v Sasol Ltd 20-cv-100 JSR Casetext Search. Provincial reviews applications market size quotations and speculations.
    [Show full text]
  • 1. Exxaro Final Cover.Indd
    ADMINISTRATION WHAT DRIVES EXXARO THE EXXARO GROUP POWERING POSSIBILITY With assets of R23 billion, Exxaro is one of the VISION top 40 companies on the JSE Limited (JSE) by market capitalisation, and a constituent of the Through our innovation and JSE’s Socially Responsible Investment index. Secretary and registered offi ce Corporate law advisers 2008 REPORT EXXARO ANNUAL growth, we will be a powerful MS Viljoen CLS Consulting Services (Pty) Limited Exxaro is a diverse mineral resources group – Exxaro Resources Limited source of endless possibilities. with a portfolio spanning coal, mineral sands, Roger Dyason Road United States ADR Depositary base metals and iron ore – and operates in Pretoria West The Bank of New York South Africa, Australia and Namibia. Refl ecting Pretoria 101 Barclay Street 0183 New York NY 10286 MISSION the benefi ts of this diverse portfolio, Exxaro has PO Box 9229, Pretoria United States of America an unfolding pipeline of growth projects that is 0001 We create unrivalled value arguably among the best in its peer group. South Africa Sponsor Telephone +27 12 307 5000 Deutsche Securities (SA) (Pty) Limited for all stakeholders of our 3 Exchange Square The group’s strong positioning in each of Company registration number: 2000/011076/06 87 Maude Street diversifi ed resources business its chosen commodity markets, locally or Sandton internationally, record of innovation and focus JSE share code: EXX 2196 through our processes, thinking on sustainable development underpin its ISIN code: ZAE000084992 promise to change the face of mining. Registrars and passion. Auditors Computershare Investor Services (Pty) Limited Deloitte & Touche Ground Floor, 70 Marshall Street ABOUT THIS REPORT Private Bag X6 Johannesburg, 2001 Gallo Manor PO Box 61051 VALUES Guided by consultation with stakeholders, 2052 Marshalltown Exxaro produces an integrated annual 2107 EMPOWERED TO Developing and deploying report detailing our economic, social and Commercial bankers our knowledge and GROW AND environmental performance.
    [Show full text]
  • NIP Report 2007
    C M Y CM MY CY CMY K the dti Department: Trade and Industry REPUBLIC OF SOUTH AFRICA the dti Campus, 77 Meintjies Street, Sunnyside Private Bag X84, Pretoria, 0001 the dti Consumer Contact Centre, 0861 843 384 (Local) +27 12 394 9500 (International) www.thedti.gov.za National Industrial Participation Programme Report 2007 CONTENTS INTRODUCTION 5 1. IS THE NIPP WORKING? 6 1.1 The Performance of the NIPP 7 1.2 The Impact of the NIPP 8 1.2.1 Summary of Results in Brief 8 1.2.2 Geographic Spread 9 2. THE MACROECONOMIC IMPACT OF THE NIPP 10 2.1 The Macroeconomic Impact Assessment Study 11 2.2 Findings of the MIA 11 2.2.1 Employment Creation 12 2.2.2 Capital Utilisation 12 2.2.3 Fiscal Impact and Resulting Social Impacts 12 2.2.4 Impact on the Balance of Payments 13 2.2.6 Economic Effectiveness Criteria 13 3. IMPACT OF NIPP ACROSS INDUSTRY SECTORS 14 3.1 Lessons Learned 17 4. SOME NEW NIPP PROJECTS 2006-2007 18 5. LOOKING AHEAD 20 5.1 Direct NIP 21 APPENDIX A 23 Sector Data on Investment, Exports, Local Sales and Jobs 23 APPENDIX B 24 Statistics: Gross Domestic Product 24 APPENDIX C 27 NIPP Project List 27 National Industrial Participation Programme Report 2007 ISBN 978-0-620-39820-6 The National Industrial Participation Programme (NIPP) uses government Objectives of the NIPP procurement to leverage investment, exports and technology development. Objectives of the NIPP As such it is part of the country’s industrial strategy.
    [Show full text]
  • Empowering the Youth to Add Value to Our South African Economy Empowering the Youth to Add Value to Our South African Economy
    Annual Report 2012/2013 Empowering the youth to add value to our South African economy Empowering the youth to add value to our South African economy THRIP provides a platform for the youth to grow their skills through their involvement in technology development projects, for driving the development of knowledge economy in South Africa. Empowering the youth to add value to the Table of Contents South African Definition of raw material economy the basic material from which a product is made Definition ofyouth the qualities of vigour and freshness Acronyms and Abbreviations 4 as associated with being young The THRIP Profile 6 Youth = Raw Material Foreword by the Chairperson of the Advisory Board 7 Report by the Executive Director: ARIC 8 Our youth is the raw material that needs to be Performance Highlights and Featured Projects 12 shaped, educated and mentored, in order to The THRIP Board 32 ensure a brighter future for our South Africa. The Management Committee 34 By taking hands we are Annual Financial Statements 38 stronger as we become united. Annexure 1: List of Projects 64 Acronyms and Abbreviations AMD Acid Mine Drainage MMS Multimedia Messaging Service ARC Agricultural Research Council MRC Medical Research Council ARI Applied Research and Innovation MSc Master’s of Science (university degree) ARIC Applied Research Innovation and Collaboration NRF National Research Foundation ASNG Advanced Sensor Networks Group NSI National System of Innovation BEE Black Economic Empowerment NSTF National Science and Technology Forum CEO Chief Executive
    [Show full text]
  • French-South African Arms Trade Relations As a Community of Practice, 1955-1979
    French-South African arms trade relations as a community of practice, 1955-1979 Roel M. (Martin) van der Velde School of Languages and Area Studies Under supervision of Professor Tony Chafer, Dr Natalya Vince, and Mr Emmanuel Godin This thesis is submitted in partial fulfilment of the requirements for the award of the degree of Doctor of Philosophy of the University of Portsmouth June 2017 1 Abstract This study reconstructs the French-South African arms trade in French military helicopters between 1955 and 1979, which flourished in defiance of international reprobation of Apartheid. New evidence reveals the shaping influence to policy of inter-state social relations at operational levels, leading to extended trajectories beyond the accepted historical milestones of the 1963 and 1977 UN arms embargoes. By retracing an emerging commercial process of arms trade spanning two decades, the crystallization of elements of the French and South African defence communities is identified, constituting de facto trade policy despite their diplomatic divergence. French promotional brokering in the mid-1950s laid the unseen foundation for the professionalisation of military procurement between unlikely partners. French interdepartmental oversight increasingly problematized propositions for weapons for use in state repression against populations in Southern Africa. Under pressure to gain military autonomy the South African Defence Force procured French aircraft, ironically leading to licensed local aircraft production under French tutelage, andadoption of French technical expertise and defence organisation. The French unilateral arms embargo against Israel in 1967 caused the French-South African relationship to mature. Following greater international and operational pressures that led to counter-revolutionary alliances in Southern Africa, alternative supply arrangements were created between French and South African defence communities, notably through trade of helicopters-in-parts.
    [Show full text]