Scaw Metals August Coverage Report

Easy DIY

01 August 2014, p.13

Castings SA

01 August 2014, p.8-9

Steel Construction

01 August 2014, p.43

Business Report (Pretoria News)

01 August 2014, p.16

Bu

Business Report (Star)

01 August 2014, p.18

Business Report (Mercury)

01 August 2014, p.18

Castings SA

01 August 2014, p.28-32

Business Report

01 August 2014,p.20

Tame Times

05 August 2014, p.15

Germiston City News

08 August 2014,p.15

Engineering News

22 August 2014, p.60

ONLINE

IOL Business Report-iol.co.za/business

PIC sells 8% stake in Growth point to Southern Palace

01 August 2014

http://www.iol.co.za/business/companies/pic-sells-8-stake-in-growthpoint-to-southern-palace-

1.1728796#.VAArU_mSwmM

Roy Cokayne

SOUTHERN Palace Properties, a wholly owned subsidiary of black-owned and managed diversified

industrial holding company Southern Palace Group, has acquired a 7.95 percent stake in listed real

estate investment trust Growthpoint Properties for about R4.5 billion.

The stake was acquired from the Government Employees Pension Fund (GEPF) through its asset

manager, the Public Investment Corporation (PIC).

Daniel Matjila, the chief investment officer at the PIC, said the corporation had through this

transaction been able to rebalance its property portfolio, which was its stated intention, while at the

same time facilitating a transformational transaction in the property industry, which was an

important part of its mandate.

The transaction makes Southern Palace the largest non-institutional shareholder in Growthpoint and

the largest shareholder after the GEPF. The pension fund for civil servants still has a 10.96 percent

shareholding in Growthpoint.

Growthpoint and the PIC have strong links through their joint acquisition in 2011 of Cape Town’s

Victoria & Alfred Waterfront from the Emirati investment firm Dubai World and several local

empowerment investors for R9.7bn in South Africa’s biggest single property transaction.

Lucas Tseki, the chief executive of the Southern Palace Group, which has interests in many well-

established businesses, said yesterday that the group was very pleased to have concluded this

landmark transaction, which was the first of its kind in the property sector for an independent,

black-owned and managed investment holding company.

“Growthpoint is a leading player in the South African property sector and we hope this transaction

will open the door for other such transformational deals,” he said.

Southern Palace Group has a presence in the steel products manufacturing, automotive, logistics

and telecommunications industries through its stakes in Scaw Metals, MAN Truck and Bus Centurion,

Altech Fleetcall, Altech Alcom-Matomo, Altech Motorola Radio Distribution, Canvas and Tent

Manufacturing and Huawei Technologies Africa.

Norbert Sasse, the chief executive of Growthpoint, said the company was excited to welcome

Southern Palace as a new empowerment shareholder, whose investment would have a positive

impact on Growthpoint’s black empowerment credentials.

“In addition, we are confident that working closely with Southern Palace will open up new

investment and growth opportunities for us,” he said.

The transaction was structured and arranged by Symphony Capital, the advisers to Southern Palace.

It is being funded equally by Standard Bank and Bank of America Merrill Lynch.

Online

Alberton Record- Albertonrecord.co.za

Looking back at the establishment of Eden Park

26 August 2014

http://albertonrecord.co.za/42813/looking-back-at-the-establishment-of-eden-park/

ALBERTON – The history of our Eden Park, Alberton residents can be traced back to more than 100

years. It was at Rietvlei, now known as the Rietvlei Zoo Farm, where a letter attached to the

Eikenhof SAP docket No. 109, 5/336/3 on November 19, 1925 mentioned a population recording of

“151 Europeans and 125 Natives (including Hottentots)” residents on the Rietvlei Farm.

At the time the only areas that provided education to “Non-European” communities in the Alberton

area, was the churches in the Jacksonsdrift, Eikenhof area. Residents and pupils within the then

Alberton, Rietvlei Farm areas could attend school and church. Those children and people walked

long distances of up to nine kilometers daily to get to the old Catholic, Anglican and London

Missionary Society (LMS) building (see picture) to attend school. Some Hottentot (term used for a

“so called” Coloured up to the 1950s) families immigrated and settled around the church-school

building, although large numbers still had to walk far to hear the Word of God on a Sunday.

This historic church-school building accommodated members from various communities, including

Rietvlei and also known as Pompies Cross at the time. Pompies Cross is where the current junction of

Kliprivier and Swartkoppies Drive is.

The farms in the Pompies Cross area was also home to many of our known Eden Park families like

the Smith, Cook, Windvoël, Coetzee and Kraukamps in the early to late 1900’s. A lot of Hottentot

families walked from other areas such as Alwynspoort, Vanwyksrust, Walkerville and even as far as

Grasmere to the old zinc church-school building that was completed in 1912 and is still operating as

a church only today.

102-year-old building a heritage site

The erstwhile Jacksonsdrift community and those from other communities, where they immigrated

to (including those from Alberton), that had contact with this historic 102-year-old building, have

successfully managed to have the old church-school structure listed as a Heritage Site.

The reason for this initiative was because of the heritage significance it has for them and the bearing

on their history. Soon projects aimed at restitution will be conducted around the church-school area.

There is also the intension to revive the educational element. The erstwhile Jacksondrift KhoiSan

community will establish a school and cultural village that will form part of their cultural

revitalisation programme. A centre that will concentrate on the development and tutoring of the

Nama and Boesman languages and cultures will form part of this initiative.

Our forefathers was harshly reprimanded not to speak those languages (Nama and Boesman),

because it was called a “skelm taal” by the then law enforcement agents. There are sufficient

records held in the archives of London Missionary Society Church and the Eikenhof SAP files that

reflect our KhoiSan indigenous status and presence we had in the Johannesburg and Alberton areas

from the 1800’s to the present. A heritage investigation study conducted in 2006 gives more

evidence of the KhoiSan in this area.

Fighting the Anglo-Boer War

It was also at Eikenhof where our forefathers supported the Boeremagte in the Anglo-Boer War of

1899-1902 that took place around the very church-school building. I remember my grandfather

mentioning how they were assigned to blow up all pylons next to the Klipriver from Jacksonsdrift,

past the Eye Of Africa (where a few years ago our ancestral rock art was found), right through to the

Suikerbosrand area.

Our ancestral graves are spread across Ekurhuleni and Johannesburg Metropolitan areas as a result

of systems of Colonialism, Apartheid, and sad to say, that even within the democratic dispensation,

our ancestral graves were removed without proper notice and dumped in Sharpville. We would like

to extend our sincere gratitude to Scaw Metals in Wadeville, who respected the rights of our

ancestry by not dismantling the unmarked grave sites which lie next to the ash heaps next to the N3

highway.

Moved with force

In a letter dated November 1, 1949 (NTS 51/313S(6), p. 47-48), written by Inspector B.J.E.

Badenhorst as “Officer in Charge: Southern Area of the South African Police” and addressed to “The

District Commandant, South African Police, Johannesburg”, it was estimated that there were roughly

“…from 600 to 700 natives, Coloured, and Hottentot families on the farms around Eikenhof adjoining

the Municipal area of Johannesburg.” It is also stated that “…some farmers have large Coloured and

Hottentot families on their farms and the Native Laws are not applicable to them.”

This great influx by the non-European population led to theft and problems on many farms, giving

rise to forced removals of our ancestors. Families like the Danster, Markus, Goliath, Mathysen, De

Bruin, Damakwa, and many other was forcefully removed from farms in the Alberton, Eikenhoff and

Roodekop areas, where they eventually ended up at Dugathole (Germiston) in the early 1960’s.

The need for industrial development in places like Dikathole in Germiston, Dindela in Edenvale, and

Palmietfontein, Dimapeng (now known as Alrode and Alrode South), where the final forced removals

of non-European communities took place, gave rise to Eden Park in 1976. This is where most of our

families have now eventually settled.

Supplied by: Erstcombus Projects