1. By: Jannie de Villiers Executive Director
AGRIBEE INDABA 6/7 December 2005 On behalf of: S A Agricultural Processors Association & S A Chamber of Business & Multinationals
By: Jannie de Villiers
Executive Director

2. Introduction Comments – 20 December 2004 Consulted amongst members
Represented at Steering Committee
Presentation at Steering Committee on 1 December 2005

3. Codes of Good Practice
Outstanding codes create a problem

5. Ownership of Shares Shares of listed companies not in our control
Shares owned by pension funds and trusts
Shares transferred to staff – loans and voting

7. Procurement Link to land targets
Some processors 70% of cost is raw materials
Profile of emerging farmers (Preference towards animals)
Land claims and low profitability hinders transformation

8. Procurement (cont) Farmer sells 30%, not complying in next year
Droughts/Net importers
Structural change to traders

9. Monitoring Capacity to be ready Representation on Council
Annual audits: Costly
Penalties for non-compliance
Directives (like SARS)
Scorecard for Government deliverables

10. Funds Financing cost in competition with other sectors
CSI/Enterprise development the 5% of EBIT needs clarification

11. Cost of doing business in SA
Procurement
Monitor/Audit
Admin burden

12. Impact of BEE on SMME’s Regional constraints Admin burden
Audit requirements
One person owners

13. Multinational companies
Forum formed
Own submission
Ownership problems
Level playing field

14. CONCLUSION Support for process Clarity before we start: K I S
Way forward: Outline the process post Indaba

15. Thank You