1. Presentation to Portfolio Committee: REDISA – Performance during Liquidation
May 2018

2. Presentation Outline # TOPIC 1 Active Participants 2
Collections & Deliveries 3
Cash Resources 4
Liquidation Process

3. 1. Active Participants
The following performance information has been received from the provisional liquidators:
ACTIVE PARTICIPANTS AS AT JUNE 2017
MICRO COLLECTORS
499
TRANSPORTERS 78
DEPOTS 20
PROCESSORS 15

4. 2. Collections and Deliveries: June to September 2017
July
August
September
TOTAL
Tonnages
collected
29 203,50
Tonnages delivered for processing
16 886,66

5. 3. Cash Resources: June to September 2017
Cash resources of REDISA at date of provisional liquidation and cessation of operations (30/09/2017):
1 June 2017
30 September 2017
Cash resources R R

6. 4. Liquidation Process
All REDISA’s assets are securely stored, save for those which are being utilized by the Waste Management Bureau as per the interim arrangement.
Provided the final liquidation order is upheld by the SCA, the provisional liquidators will then commence disposal of assets and finalising creditors’ claims.
The provisional liquidators will, in due course, lodge a liquidation and distribution account with the Master of the High Court in relation to the administration of REDISA.