DOCSLIB.ORG

Mid-Term Report 2019/2020

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
Mid-Term Report 2019/2020 JOBURG MARKET JOBURG(SOC) MARKET LIMITED (SOC) LTD CompanyMID- RegistrationYEAR REPORT No: 2000/023383/072018/19 Mid-Term Report 2019/2020 Version 5.0 06/02/2020 COMPANY INFORMATION: JM (SOC) LTD Country of Incorporation and Domicile: South Africa Registration Number: 2000/023383/07 Registered Address: Market Main Building 4 Fortune Road (Off Heidelberg Road) City Deep 2049 Postal Address: P O Box 86007 City Deep 2049 Municipal Erf Number: Erf 117 & 118 City Deep Telephone Number: (011) 992-8000 Fax Number: (011) 613-7381 Website: www.joburgmarket.co.za Bankers: Standard Bank Auditors: Auditor-General of South Africa E-mail: [email protected] Anti-Fraud Hotline: 0800 002 587 GPS Coordinates: S26° 13' 678" E28° 04' 866" 2 SIGN OFF PAGE: MID-TERM REPORT 2019/20 Josiah Mazibuko ___________________ Date of Approval Signature Executive: Strategic Projects & Marketing Ayanda Kanana ___________________ Date of Approval Signature Chief Executive Officer Sifiso I. Dlamini ___________________ Date of Approval Signature Chief Financial Officer Yolisa Ngxabazi ___________________ Date of Approval Signature Chairperson of the Board of Directors Cllr Lloyd Phillips _____________________ Date of Approval Signature MMC: Economic Development 3 GLOSSARY OF TERMS ACRONYM DETAIL APAC Agricultural Produce Agents Council BBBEE Broad Based Black Economic Empowerment BEE Black Economic Empowerment CAPEX Capital Expenditure CASP Comprehensive Agricultural Support Programme CB Commission Business CEO Chief Executive Officer CFO Chief Financial Officer CoJ City of Johannesburg DAFF Department of Agriculture, Forestry and Fisheries CPI Consumer Price Index CSI Corporate Social Investment DED Department of Economic Development EE Employment Equity EPWP Expanded Public Works Programme EXCO Executive Committee NFPM National Fresh Produce Markets GAP Good Agricultural Practises GDARD Gauteng Department of Agriculture and Rural Development GDS Growth and Development Strategy GLU Government of Local Unity HACCP Hazard Analysis and Critical Control Points HR Human Resources HRD Human Resource Development HSD Health and Social Department IDC Industrial Development Corporation IDP Integrated Development Plan ICT Information Communications Technology IT Information Technology JM Joburg Market JDA Johannesburg Development Agency JPC Johannesburg Property Company LLF Local Labour Forum LSM Living Standards Measure OH&S Occupational Health and Safety OPEX Operational Expenditure MANCO Management Committee ME Municipal Entity OH&S Occupational Health and Safety MMC Member of the Mayoral Committee MOU Memorandum of Understanding MSA Municipal Systems Act REMSEC Remuneration Social and Ethics Committee RSA Republic of South Africa SADC Southern African Development Community SANAS South African National Accreditation System SAUFM South African Union of Food Markets SCM Supply Chain Management SDBIP Service Delivery and Budget Implementation Plan SHE Safety, Health & Environment SLA Service Level Agreement 4 SMME Small Medium and Micro Enterprise SPS Sales Processing System W&R Wholesale and Retail WUWM World Union of Wholesale Markets REMSEC Remuneration Social and Ethics Committee RSA Republic of South Africa MANCO Management Committee ME Municipal Entity MFMA Municipal Finance Management Act 5 TABLE OF CONTENTS CHAPTER ONE: LEADERSHIP AND CORPORATE PROFILE.................................................. 8 Section 1: Overview of the Entity ................................................................................................... 8 Section 2: Business Strategy Overview ........................................................................................ 8 Section 3: Salient Features ........................................................................................................... 11 Section 4: High-level Organisational Structure .......................................................................... 13 Section 5: Chairperson’s Foreword ............................................................................................. 14 Section 6: CEO’s Report ............................................................................................................... 15 Section 7: CFO’s Report ............................................................................................................... 17 CHAPTER TWO: CORPORATE GOVERNANCE ..................................................................... 19 Section 1: Board of Directors ....................................................................................................... 19 Section 2: Corporate Governance ............................................................................................... 19 Section 3: Executive Management Remuneration .................................................................... 22 Section 4: Company Secretarial Function .................................................................................. 23 Section 5: Internal Audit Function ................................................................................................ 23 Section 6: Corporate Ethics and Organisational Integrity ........................................................ 24 Section 7: Sustainability Report ................................................................................................... 24 Section 8: Compliance with laws and regulations ..................................................................... 24 Section 9: Corporate Governance Statement ............................................................................ 24 Section 11: Group Governance Framework .............................................................................. 25 Section 12: Risk Management ..................................................................................................... 25 CHAPTER THREE: SERVICE DELIVERY PERFORMANCE .................................................... 30 Section 1: Performance Overview ............................................................................................... 30 Section 2: Performance against Service Standards ................................................................. 35 Section 3: Repairs and Maintenance Programme .................................................................... 37 Section 4: Capital Expenditure Performance ............................................................................. 37 Section 5: Cleanliness of the Market ........................................................................................... 40 Section 6: Stakeholder Engagements ......................................................................................... 40 Section 7: Stakeholder Issue Resolution .................................................................................... 42 Section 8: Work Opportunities ..................................................................................................... 43 Section 9: Key Focus Areas for the next quarter ...................................................................... 43 6 CHAPTER FOUR: HUMAN RESOURCES AND ORGANISATIONAL MANAGEMENT ........... 47 Section 1: HR Performance Overview ........................................................................................ 47 Section 2: Employee Remuneration (Total Costs including Executives) ............................... 48 Section 3: Vacancies and recruitment ........................................................................................ 48 Section 4: Employment Equity ................................................................................................. 49 Section 5: Skills Development and Training .............................................................................. 50 Section 6: Labour cases and Outcomes ..................................................................................... 52 CHA PTER FIVE: FINANCE PERFORMANCE AND EXPOSURE ............................................ 53 Section 1: Highlights and Achievements .................................................................................... 53 Section 2: Financial Overview for period ended 31 December 2019. .................................... 53 Section 3: Statement of Financial Performance for the period ended 31 December 2019 54 Section 4: Turnover and Revenue Analysis for the period ended 31 December 2019 ....... 54 Section 6: Statement of financial position as at 31 December 2019 ...................................... 56 Section 7: Cash Flow Statement for the period ended 31 December 2019 .......................... 57 Section 9: Analysis of Debtors Collections for the period ending 31 December 2019 ........ 59 Section 10: Analysis of Cash Collections period ended 31 December 2019 ....................... 60 Section 11: Analysis of Supply Chain Management ................................................................. 61 11.1. DEVIATIONS ........................................................................................................................ 61 11.2. IRREGULAR EXPENDITURE ............................................................................................ 61 11.3. FRUITLESS AND WASTEFUL EXPENDITURE ............................................................. 62 CHAPTER SIX: INTERNAL AND EXTERNAL AUDIT FINDINGS ............................................. 63 Section 1: Internal Audit scope of work ...................................................................................... 63 Section 2: Performance against Internal Audit Plan ................................................................
Load more

Recommended publications
  • Wave 4 Synthesis Report
    1 WAVE 4 National Income Dynamics Study (NIDS) – Coronavirus Rapid Mobile Survey (CRAM) Synthesis Report NIDS-CRAM Wave 4 Nic Spaull - University of Stellenbosch Umakrishnan Kollamparambil - University of the Witwatersrand Reza C. Daniels - University of Cape Town Janeli Kotzé - Department of Basic Education Cally Ardington - University of Cape Town Murray Leibbrandt - University of Cape Town Miracle Benhura - University of the Witwatersrand Prudence Magejo - University of the Witwatersrand Grace Bridgman - UNU-WIDER Brendan Maughan-Brown - University of Cape Town Tim Brophy - University of Cape Town Nompumelelo Mohohlwane - Department of Basic Education Rulof Burger - University of Stellenbosch Chijioke O. Nwosu - Human Science Research Council, South Africa Ronelle Burger - University of Stellenbosch Adeola Oyenubi - University of the Witwatersrand Alison Buttenheim - University of Pennsylvania Leila Patel - University of Johannesburg Daniela Casale - University of the Witwatersrand Vimal Ranchhod - University of Cape Town René English - University of Stellenbosch Debra Shepherd - University of Stellenbosch Gabriel Espi - University of Cape Town Michele Tameris - University of Cape Town Kim Ingle - University of Cape Town Stephen Taylor - Department of Basic Education Andrew Kerr - University of Cape Town Servaas van der Berg - University of Stellenbosch Jesal Kika-Mistry - University of Stellenbosch Gabrielle Wills - University of Stellenbosch Timothy Köhler - University of Cape Town 12 May 2021 1 | Working Paper Series: An overview of results from NIDS-CRAM Wave 4 2021 Working Paper Series NIDS-CRAM Wave 4 Spaull, N., Daniels, R. C et al. (2021) NIDS-CRAM Wave 4 Synthesis Report. Benhura, M. & Magejo, P. (2021) Who cannot work from home in South Africa? Evidence from wave 4 of NIDS- CRAM. Burger, R., Buttenheim, A., English, R., Maughan-Brown, B., Kohler, T., & Tameris, M.
    [Show full text]
  • Pharma Bio Pharma
    VOL 19 | ISSUE 6 | JANUARY 2021 | MUMBAI www.jasubhaimedia.com Cover Story: COVID 19 Pandemic: Lessons for Indian Pharma Special Focus: Diversity in Pharma & Biotech BioPharma World Expo 2022 Bio 22-25 February 2022 Bombay Exhibition Center PharmaWorld Expo 2022 Goregaon (East), Mumbai, India Bio PharmaWorld Expo 2022 C35 Pharma- Perfect Weighing for maximum Performance Efficient tool for Pharmaceutical Industry- Tailored for Reliability Many Features are available to provide a solution tailored exactly to your needs such as: networking for multiple checkweighers, creation of audit trolls for each checkweigher, optional line monitoring system and Factory Acceptance Tests (FAT). · Ease of Use · Up to 33% Higher Performance · Maximum Productivity · Extensive controls Maximum Process Reliability www.mt.com/c-series-pi For enquiries, please contact Mettler-Toledo India Pvt. Ltd. Toll Free : 1800 22 8884 / 1800 10 28460 Email: [email protected] PHARMA BIO WORLD R.N.I. No.: MAHENG/2002/08502 CHAIRMAN Maulik Jasubhai Shah PUBLISHER & CEO Hemant K. Shetty EDITOR Mittravinda Ranjan Quantum Leap DEPUTY EDITOR Sujatha Vishnuraj your Business via CREATIVES Arun Parab Dynamic ‘Pharma Bionetwork’ GENERAL MANAGER SALES Amit Bhalerao platform Prashant Koshti BRAND MANAGER Sudhanshu Nagar Directly Reach the Inboxes of 40,000+Affluent Leaders & Business SALES Influencers’ from thePharma Godfrey Lobo Industry each month with the Priyaranjan Singh PharmaBio World Digital Edition Chandrahas M Amin Yonack Pradeep Sunil Kulkarni Harshad Gaikwad [email protected] The Publishers and the Editors do not necessarily individually or col lectively identify themselves with all the views expressed www.jasubhaimedia.com in this journal. All rights reserved. Reproduction in whole or in part is strictly prohibited without written permission from the Publishers.
    [Show full text]
  • Telematics 2021 History Grade 12
    DIRECTORATE: CURRICULUM FET TELEMATICS 2021 HISTORY GRADE 12 1 Telematics Schedule DAY DATE TIME TOPIC Wednesday 10 March 15:00 – 16:00 Cold War P1 Wednesday 12 May 15:00 – 16:00 Paper 2 Content Tuesday 10 August 15:00 – 16:00 Examination Preparation P1 and 2 2 SESSION 1 THE COLD WAR 10 MARCH 2021 ORIGINS OF THE COLD WAR COUNTRY:__________________ COUNTRY:__________________ IDEOLOGY:_________________ IDEOLOGY:_________________ MEANING:__________________ MEANING:__________________ _____________________________ ___________________________ _____________________________ ___________________________ KNOW THE FOLLOWING: HISTORICAL EVENTS EXPLANATION IRON CURTAIN / BERLIN WALL POLICY OF CONTAINMENT THE TRUMAN DOCTRINE MARSHALL PLAN BERLIN BLOCKADE BERLIN AIRLIFT CONFERENCES: DATE AND PLACE YALTA CONFERENCE POTSDAM CONFERENCE 3 ROLE PLAYERS COUNTRIES: LEFT: _________________________ _______________________ CENTRE: ______________________ _______________________ RIGHT: ________________________ _______________________ WHAT WAS THE DIFFERENCE BETWEEN THE YALTA AND POTSDAM CONFERENCES? YALTA POTSDAM 4 ACTIVITY 1 SOURCE 1A This is an extract from a speech delivered by Winston Churchill, Prime Minister of Britain, at Fulton, Missouri, in the United States, on 5 March 1946. It called for greater partnership between Britain and the United States of America to prevent Soviet expansion into Eastern Europe. From Stettin in the Baltic to Trieste in the Adriatic, an iron curtain has descended across the continent. Behind the line lie all the capitals of the ancient states of Central and Eastern Europe. Warsaw, Berlin, Prague, Vienna, Budapest, Belgrade, Bucharest and Sofia, all these famous cities and populations around them lie in the Soviet sphere and all are subject, in one form or another, not only to Soviet influence but to a very high and increasing measure of control from Moscow.
    [Show full text]
  • (GRP4ECE) 2020-2021 South Africa
    TERMS OF REFERENCES for the End of Term Evaluation of the programme Gender-Responsive Pedagogy for Early Childhood Education (GRP4ECE) 2020-2021 South Africa Negotiation procedure with restricted notification APPLICATIONS TO BE SENT TO: [email protected] and [email protected] BY: 6 November 2020, 23:00 UTC+1 VVOB www.vvob.org Terms of Reference - End Evaluation GRP4ECE programme 20 20-2021 in South Africa 1/15 SUMMARY OF CONSULTANCY Programme Key Information Country South Africa Title Gender-Responsive Pedagogy for Early Childhood Education – GRP4ECE Location KwaZulu-Natal Province and Pretoria Period 01/01/2020– 31/12/2021 Programme Budget € 908,358 Donor Belgian Government, Directorate General for Development Cooperation Subsector Early childhood education Focus Professional development of teachers (INSET) and school leaders; gender; equity Evaluation Key Information Type End of term evaluation Objective External appreciation of the programme’s effectiveness, efficiency, relevance, potential sustainability, impact, and transversal themes gender and environment Timeframe Start Desk study: April 2021 Field study: Aug-Oct 2021 Final Report: Dec. 2021 Methodology Inception phase: documentation review & initial interviews with VVOB staff Field study: briefing, interviews & observations, debriefing meeting Reporting: draft report, validation workshop, final reporting Evaluation Budget 200.000 ZAR – 240.000 ZAR (max.) Profile Evaluation expert or team with profound knowledge of the education sector and extensive proven experience in the country Deadline Proposals 6 November 2020, 23:00 UTC+1 Terms of Reference - End Evaluation GRP4ECE programme 2020-2021 in South Africa 2/15 Content SUMMARY OF CONSULTANCY _____________________________________________________________ 2 Programme Key Information _______________________________________________________________ 2 Evaluation Key Information ________________________________________________________________ 2 1.
    [Show full text]
  • Data Synthesis: Covid-19 Vaccine Perceptions in Africa: Social and Behavioural Science Data, March 2020-March 2021
    DATA SYNTHESIS: COVID-19 VACCINE PERCEPTIONS IN AFRICA: SOCIAL AND BEHAVIOURAL SCIENCE DATA, MARCH 2020-MARCH 2021 Safe and effective vaccines against COVID-19 are seen as a critical path to ending the pandemic.1 This synthesis brings together data related to public perceptions about COVID-19 vaccines collected between March 2020 and March 2021 in 22 countries in Africa. It provides an overview of the data (primarily from cross-sectional perception surveys), identifies knowledge and research gaps and presents some limitations of translating the available evidence to inform local operational decisions. The synthesis is intended for those designing and delivering vaccination programmes and COVID-19 risk communication and community engagement (RCCE). 5 large-scale surveys are included with over 12 million respondents in 22 central, eastern, western and southern African countries (note: one major study accounts for more than 10 million participants2); data from 14 peer-reviewed questionnaire surveys in 8 countries with n=9,600 participants and 15 social media monitoring, qualitative and community feedback studies. Sample sizes are provided in the first reference for each study and in Table 13 at the end of this document. The data largely predates vaccination campaigns that generally started in the first quarter of 2021. Perceptions will change and further syntheses, that represent the whole continent including North Africa, are planned. This review is part of the Social Science in Humanitarian Action Platform (SSHAP) series on COVID-19 vaccines. It was developed for SSHAP by Anthrologica. It was written by Kevin Bardosh (University of Washington), Tamara Roldan de Jong and Olivia Tulloch (Anthrologica), it was reviewed by colleagues from PERC, LSHTM, IRD, and UNICEF (see acknowledgments) and received coordination support from the RCCE Collective Service.
    [Show full text]
  • AA Press Release HY 2021
    HALF YEAR FINANCIAL REPORT for the six months ended 30 June 2021 This page has been intentionally left blank. 29 July 2021 Anglo American Interim Results 2021 Strong market demand and operational resilience deliver underlying EBITDA of $12.1 billion Financial highlights for the six months ended 30 June 2021 • Underlying EBITDA* of $12.1 billion, driven by strong market demand and operational resilience • Profit attributable to equity shareholders of $5.2 billion • Net debt* of $2.0 billion (0.1 x annualised underlying EBITDA), reflecting strong cash generation • $4.1 billion shareholder return, reflecting capital discipline and commitment to return excess cash: ◦ $2.1 billion interim dividend, equal to $1.71 per share, consistent with our 40% payout policy ◦ $2.0 billion additional return: $1.0 billion special dividend and $1.0 billion share buyback • Exit from thermal coal operations: Thungela demerger completed and sale of Cerrejón interest announced Mark Cutifani, Chief Executive of Anglo American, said: “The first six months of 2021 have seen strong demand and prices for many of our products as economies begin to recoup lost ground, spurred by stimulus measures across the major economies. The platinum group metals and copper – essential to the global decarbonisation imperative as we electrify transport and harness clean, renewable energy – and premium quality iron ore for greener steelmaking, supported by an improving market for diamonds, all contributed to a record half year financial performance, generating underlying EBITDA of $12.1 billion. “Against a backdrop of ongoing Covid hardships in many countries, our commitment to do everything we can to help protect our people and communities stands firm.
    [Show full text]
  • Support Extended to Women Ward Councillors by Stakeholders in South Africa
    E-ISSN 2240-0524 Journal of Educational and Social Research Vol 11 No 3 ISSN 2239-978X www.richtmann.org May 2021 . Research Article © 2021 Brian K. Majola. This is an open access article licensed under the Creative Commons Attribution-NonCommercial 4.0 International License (https://creativecommons.org/licenses/by-nc/4.0/) Received: 27 January 2021 / Accepted: 15 April 2021 / Published: 10 May 2021 Support Extended to Women Ward Councillors by Stakeholders in South Africa Brian K. Majola Faculty of Management and Law, School of Economics and Management, University of Limpopo, South Africa DOI: https://doi.org/10.36941/jesr-2021-0053 Abstract The paper aims to explore how culture, family and community-women have shaped women councillors’ representation and participation in South Africa. It investigates the extent to which women ward councillors are gaining support from their male counterparts; other women councillors irrespective of political affiliation when women-related issues are raised in council meetings. The paper identifies reasons contributing to the non-support by key stakeholders when women-related issues are raised and when performing their duties. Post-1994 in South Africa, women’s participation in politics is still a struggle. The number of women ward councillors have been fluctuating since the local government was reformed between 1995/96. Ward councillors are elected by local communities to represent their respective wards, to be accountable to the community that elected them. The paper is exploratory and qualitative in nature. It focuses on 104 Ward and Proportional Representative (PR) councillors from local municipalities in KwaZulu-Natal and Eastern Cape Provinces.
    [Show full text]
  • Lessons Learned from the Apartheid Litigation
    \\jciprod01\productn\H\HLI\61-2\HLI201.txt unknown Seq: 1 31-JUL-20 10:27 Volume 61, Number 2, Summer 2020 Perspectives From a Practitioner: Lessons Learned From the Apartheid Litigation Susan H. Farbstein* Critics often contend that human rights litigation is not particularly useful in advancing human rights. Yet such critiques tend to miss the mark both because they demand too much of litigation—which is, of course, but one tool available to the human rights movement—and because they fail to understand the multiple goals, beyond court verdicts, of human rights plaintiffs and litigators. This article excavates those diverse goals, many of which have previously gone unexamined. It draws on insight gained from nearly a decade spent litigating a complex Alien Tort Statute suit that sought to hold corporations accountable for their role supporting and facilitating human rights violations in apartheid South Africa. This article also evaluates both successes and failures in the Apartheid case to explore the extent to which common critiques ring true. It would be foolhardy to claim that lawsuits alone can fundamentally improve respect for and protection of human rights. Still, this article concludes that litigation can be a powerful option for individuals or communities that have survived human rights abuse, particularly when deployed in tandem with other strategies, and that it played an important role for many stakeholders involved in the apartheid suit. In so doing, this article opens up fresh scholarly terrain and shares unique perspectives that may inform the work of other affected communities and human rights practitioners. Introduction For nearly a decade, I served as co-counsel on a case that sought to hold corporations accountable for their role in assisting and supporting the apartheid government to commit grievous human rights violations in South Africa.
    [Show full text]
  • Truth and Reconciliation Commission of South Africa Report
    VOLUME THREE Truth and Reconciliation Commission of South Africa Report PURL: https://www.legal-tools.org/doc/46f8d1/ The report of the Truth and Reconciliation Commission was presented to President Nelson Mandela on 29 October 1998. Archbishop Desmond Tutu Ms Hlengiwe Mkhize Chairperson Dr Alex Boraine Mr Dumisa Ntsebeza Vice-Chairperson Ms Mary Burton Dr Wendy Orr Revd Bongani Finca Adv Denzil Potgieter Ms Sisi Khampepe Dr Fazel Randera Mr Richard Lyster Ms Yasmin Sooka Mr Wynand Malan* Ms Glenda Wildschut Dr Khoza Mgojo * Subject to minority position. See volume 5. Chief Executive Officer: Dr Biki Minyuku PURL: https://www.legal-tools.org/doc/46f8d1/ I CONTENTS Chapter 1 Introduction to Regional Profiles ........ 1 Appendix: National Chronology......................... 12 Chapter 2 REGIONAL PROFILE: Eastern Cape ..................................................... 34 Appendix: Statistics on Violations in the Eastern Cape........................................................... 150 Chapter 3 REGIONAL PROFILE: Natal and KwaZulu ........................................ 155 Appendix: Statistics on Violations in Natal, KwaZulu and the Orange Free State... 324 Chapter 4 REGIONAL PROFILE: Orange Free State.......................................... 329 Chapter 5 REGIONAL PROFILE: Western Cape.................................................... 390 Appendix: Statistics on Violations in the Western Cape ......................................................... 523 Chapter 6 REGIONAL PROFILE: Transvaal .............................................................
    [Show full text]
  • Junie 2021 Geesteswetenskappe Tijdschrift Voor De Geesteswetenschappen Zeitschrift Für Die Geisteswissenschaften Journal of Humanities
    Tydskrif vir V I S R N W U Geesteswetenskappe K ET N ENSKAP E Tijdschrift voor de Geesteswetenschappen Zeitschrift für die Geisteswissenschaften Journal of Humanities Tydskrif vir • Jaargang 61 Nommer 2 Junie 2021 vir Geesteswetenskappe Tydskrif Geesteswetenskappe Tijdschrift voor de Geesteswetenschappen Zeitschrift für die Geisteswissenschaften Journal of Humanities Doel van die Missie en Aktiwiteite van die SA Akademie doelstellings van die SA Akademie Die Suid-Afrikaanse SA Akademie Binne die raamwerk van Akademie vir Wetenskap Die missie en algemene sy missie en doelstellings en Kuns – oorspronklik De doelstellings van die ondersoek die Akademie Zuid-Afrikaanse Akademie Akademie is die bevordering voortdurend aktuele sake voor Taal, Letteren en van die wetenskap, die van openbare belang, Kunst – is in 1909 gestig. tegnologie en die literatuur neem standpunt daaroor Destyds was die doel om in Afrikaans en die kunste, in, en tree ook meermale na die ontwikkeling van die asook die bevordering van adviserend, fasiliterend en Nederlandse (insluitende die die gebruik en gehalte meningsvormend in sake Afrikaanse) taal, letterkunde, van Afrikaans, primêr binne van nasionale belang op kuns, geskiedenis en Suid-Afrika. Voorts behels dit deur direk by die verloop oudheidkunde in Suid- ook die lewering van diens van gebeure betrokke te Afrika om te sien en om aan die samelewing. Hierdie raak. leiding in hierdie sfere te multidissiplinêre organisasie gee. Vandag is die Suid- wat die belange van alle Afrikaanse Akademie vir Suid-Afrikaners wil
    [Show full text]
  • AA Press Release Year-End 2020
    YEAR END FINANCIAL REPORT for the year ended 31 December 2020 This page has been intentionally left blank. 25 February 2021 Anglo American Preliminary Results 2020 Business resilience and robust demand deliver underlying EBITDA of $9.8 billion Financial highlights Year ended 31 December 2020 • Generated underlying EBITDA* of $9.8 billion (2019: $10.0 billion) • Profit attributable to equity shareholders of $2.1 billion (2019: $3.5 billion) • Net debt* of $5.6 billion (0.6x underlying EBITDA), reflecting investment in growth, largely offset by H2 cash flow • Final dividend of $0.72 per share, consistent with our 40% payout policy • Investing in high quality growth, including Quellaveco (copper) and Woodsmith (low carbon fertiliser) • Good progress towards exiting remaining thermal coal operations in South Africa • Committed to 30% net GHG reduction by 2030 and carbon neutrality across operations by 2040 Mark Cutifani, Chief Executive of Anglo American, said: “In 2020 we saw much of the world tested to its limits by Covid-19. I am immensely proud of how our team of more than 95,000 people across Anglo American pulled together to do what’s right for each other, for our many stakeholders across society and the business. We showed considerable speed and agility to help keep people and communities safe while supporting business continuity. “Making sure every employee returns home safely at the end of each day drives our thinking and behaviours and it is with this mindset that we achieved our best ever safety performance. However, it remains our most pressing challenge that we still experience serious and fatal safety incidents.
    [Show full text]
  • A Political Economy Analysis of the Impact of Covid-19 Pandemic on Health Workers Making Power and Gender Visibl E in the Work of Providing C a R E
    Illustration: Chuan Ming Ong COMMENT ARY A Political Economy Analysis of the Impact of Covid-19 Pandemic on Health Workers Making power and gender visibl e in the work of providing c a r e PHM Health Systems Thematic Circle | A l b a L l o p - G i r o n é s , A n a V r a č ar, Ben Eder, Deepika Joshi, Jashodhara Dasgupta, Lauren Paremoer, Sulakshana Nandi , S u s a n a B a r r i a J u l y 2 0 2 1 ealth and auxiliary workers are at the forefront of the COVID-19 pandemic response. They have been applauded as heroes by patients and politicians, but this has not translated into policies that address their rights and needs. Health workers face a double H risk of infection, as they run the risk of contracting the virus in their workplaces, and in their communities and families (WHO 2020a). Even though a nominal consensus exists that health workers deserve protection, the lack of personal protective equipment (PPE) among health 1 workers has been a widespread problem, especially in the early phases of pandemic (The Lancet 2020). This paper assesses the impact of the COVID-19 pandemic on the most vulnerable categories of health workers in different countries, locating them within the country’s health system and political economy of healthcare. It focuses on the impact of precarious and contractual work, weakening of the public sector, privatization and commercialization of the health system on health workers, and differences between the global north and the global south, through an intersectional lens.
    [Show full text]