BOXING SA ANNUAL REPORT 2007/08 Presentation to Portfolio Committee on Sport and Recreation 09 June 2009.

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Presentation transcript:

BOXING SA ANNUAL REPORT 2007/08 Presentation to Portfolio Committee on Sport and Recreation 09 June 2009

ESTABLISHMENT OF BOXING SA Boxing Commission which is a juristic person known as Boxing SA was established in terms of the South African Boxing Act, 11 of 2001

Duties of Boxing SA Duties and powers of BSA per Section 8 of the Act : (a)Compile and publish information statistics and annual report on its activities (b)Assist the establishment of associations or federations (c)(i) Hold meetings at least four times a year (ii) Hold meetings at its request, or requested by associations (d) Consider applications for recognition of international boxing bodies, organizations, and their champions

VISION To create a world class regulatory body for boxing in a united and safe environment MISSION To enhance the capacity of all stakeholders to improve the quality, passion, and popularity of professional boxing in South Africa and internationally

Key Objectives of BSA  Create an organized and regulated environment for professional boxing  Design an appropriate structural arrangement for boxing  Improve quality of tournaments  Enhance the popularity of boxing  Develop high performing boxers  Create an enabling environment for the increased welfare of licensees  Provide for the seamless transition of boxers from amateur to professional ranks

Funding of BSA The funds of BSA in terms of section 15 of the Act consists of:  Money appropriated by Parliament  Fees payable to BSA in terms of the Boxing Act  Grant, donations and bequests made to BSA  Income earned on the surplus money invested by BSA  Money generated from sponsorship and fundraising

OPERATIONAL RESULTS 2007/08  Successful annual Boxing Awards and Convention hosted by Free- State Government on February 2008  Increased total tournaments totaled = 86, international =29  Spectacular Boxing events (Ali, Baloyi, Malinga, etc.)  Baby champs project’s successful third year  Skills development project funded by Theta at the tune of R3 Million  Increased participation in international events by boxers and ring officials  Two female professional boxers winning International Titles  Correctional services national championship launched and implemented

FINANCIAL MANAGEMENT AND ADMINISTRATION  Qualified Audit Report issued by the Auditor General with the following emphasis of matters: 1.Going Concern 2.Fruitless and wasteful expenditure  Annual Financial Statement for 2008/9 financial year were submitted on time to both Auditor General and National Treasury

INCOME AND EXPANDITURE

FINANCIAL STATUS REPORT  Creditors on 31 March 2008/09 =  BSA appropriation from SRSA = R 2.1 million  BSA grant needs to be increased as it does not cover operation expenses i.e. salaries, rent, water, electricity, etc.  Agents appointed to secure sponsorships on behalf of BSA

BOXING TECHNICAL ASSISTANT NOMSA MDHLULI ASSISTANT FINANCIAL OFFICER THABO NALA Creditors Clerk Verquelene Jacobs IT SPECIALIST SKHUMBUZO MOTHA RECEPTIONIST Lillian De Wee GENERAL ADMINISTRATIVE ASSISTANT MAJORIE THEBE ADMIN OFFICE ASSISTANT ABRAM KAMBULE PA TO THE CEO GUGU RADEBE DIRECTOR: OPERATIONS LOYISO MTYA Financial Officer Tumelo Kekana DIRECTOR: COMMUNICATION & MARKETING (VACANT) DEPUTY MINISTER OF SPORT AN RECREATION HON. GERT OOSTHUIZEN BOXING SA ORGANOGRAM CEO BONGANI KHUMALO BSA BOARD MINISTER OF SPORT AND RECREATION SA REV. DR MAKHENKESI STOFILE

STAFF MATTERS  BSA adopted a total of 16 policies as well as the BSA Disciplinary Code and Grievance Procedure  Job evaluation system which is aligned to the Equate System used in the public service has been implemented  Job descriptions and key performance areas (KPA’s) have been developed and implemented  A three year human resources plan has been developed  Due to the key finance personnel during the period under review, a consulting CFO was appointed on a temporary basis to assist with the compilation of the AFS

 Thank you for your time