1. Portfolio Committee Presentation - June 2011

2. About Buyisa-e-Bag (BeB) A section 21 company, established by Government as part of the plastic bag initiative Created as a result of Government legislation regarding plastic bags Funded by Government

3. Board Composition Mr Welile Nolingo – Chairperson (CEPPWAWU) Mr Sydney Kunene – Board Member (CEPPWAWU) Ms Annabe Pretorius – Board Member (SAPRO) Mr Douw Steyn – Board Member – (PFSA) Mr Johan Pieterse – Board Member (PCA) Ms Linda Godfrey – Board Member (IWMSA) Ms Dee Fischer – Board Member (DEA)

4. Current Performance YTD

5. Current Performance YTD – CONT’D School Education Programme 291 schools nationally benefitted from BeB awareness and educational initiatives, with an average of 800 learners per school, a total of 232 800 pupils Youth Empowerment Initiative Programme 170 unemployed youth have been engaged through BeB’s youth empowerment initiatives Clean Up Campaigns 15 000 people have been involved in BeB clean up campaigns, over 18 000 bags of refuse collected

6. Key Performance and Priority Areas for 2011/12 The following is planned for 2011/12: 8 Buy Back Centres (BBCs) to be built, employing 15 permanent and 30 casual workers Support for 9 external recycling centres, employing 15 permanent and 30 casual workers 1 Materials Recovery Facility (MRF) in KZN that will create 150 permanent and 75 casual jobs 3 BBC launches in Phokeng (NW), Oriental Plaza (EC) and St Lucia (KZN – benefitting MK Veterans and the youth)

7. Key Performance and Priority Areas for 2011/12 – CONT’D 346 schools to benefit from schools education programme 15 schools in Gauteng for the Green Ambassador pilot project 8 youth empowerment initiatives 20 clean up campaigns, to attract 300-500 community members per campaign

8. Strategic Plan Turn Around Strategy

9. Budget and Annual Financial Statements Funds Received from DEA in the Past 3 Years: 2009: R20m received in May 2008 2010: R7m received in Oct 2009 and the R22m in Jan 2010 Total funds for FY 2010: R29m vs. R30m 2011: R17.5m received in Dec and R6m received in March 2011 (2 weeks before the end of the financial year ) Total funds for FY 2011: R23.5m vs. R35m

10. Budget and Annual Financial Statements – CONT’D Annual Financial Statements for the Past 3 Years: 2008: BeB has a clean audit, but the audit was not conducted according to AG guidelines (based on PFMA) 2009: BeB had a disclaimer because the auditors could not rely on the opening balances and the audit was also not conduct according to AG guidelines – Auditors recommended that a forensic audit be conducted 2010: BeB changed auditors and the audit was conducted according to AG guidelines, however, BeB still had a disclaimer

11. Budget and Annual Financial Statements – CONT’D BeB Non-Compliance: Since inception, BeB did not comply with the following: PFMA Treasury Regulations Company’s Act No Audit committee No Risk committee No CFO Internal Auditors were only appointed in September 2010

12. Contact Details Mr Shirleigh Strydom Chief Executive Officer Buyisa-e-Bag Unit G3 Greenstone Hill Office Park Greenstone Hill 1616 Tel:(011) 452-0414 Email:s.strydom@buyisaebag.co.za

13. Thank you