http://www.engineeringnews.co.za
  SEARCH
Login
R/€ = 14.22Change: -0.23
R/$ = 11.16Change: -0.09
Au 1240.10 $/ozChange: -4.17
Pt 1243.50 $/ozChange: -18.70
 
 
Note: Search is limited to the most recent 250 articles. Set date range to access earlier articles.
Where? With... When?








Start
 
End
 
 
And must exclude these words...
Close Main Search
Close Main Login
My Profile News Alerts Newsletters Logout Close Main Profile
 
Agriculture   Automotive   Chemicals   Competition Policy   Construction   Defence   Economy   Electricity   Energy   Environment   ICT   Metals   Mining   Science and Technology   Services   Trade   Transport & Logistics   Water  
What's On Press Office Tenders Suppliers Directory Research Jobs Announcements Contact Us
 
 
 
RSS Feed
Article   Comments   Other News   Research   Magazine  
 
 
Apr 17, 2009

Mondi in R38,7m land claim settlement

Back
Natal|Fire|Land Affairs|Mondi|Packaging|Packaging|Paper And Packaging Group|Solutions|Sustainable Solutions|Environmental|Cyril Ramaphosa|Jim Matsho|Lulu Xingwana|Forestry Partners Programme (FPP)
|Fire|Packaging|Packaging|Solutions||Environmental||
natal|fire|land-affairs-company|mondi|packaging-company|packaging|paper-and-packaging-group|solutions|sustainable-solutions|environmental|cyril-ramaphosa|jim-matsho|lulu-xingwana|forestry-partners-programme-fpp
© Reuse this



Paper and packaging group Mondi has settled its second set of land claims, worth about R38,7-million, with black communities in KwaZulu-Natal, the group announced on Friday.

Mondi joint chairperson Cyril Ramaphosa signed the agreement with Land Affairs Minister Lulu Xingwana.

The agreement entailed a 20-year sale-and-leaseback plan that would benefit seven communities, which would receive the titles to 13 700 ha of land.

The communities would benefit from an annual income, while ensuring a continued supply of timber to Mondi’s mills.

“It is a tribute to the constructive working relationship between Mondi and the Land Claims Commission that these sustainable solutions have been reached on seven settlements,” said Ramaphosa.

Over the first ten-year period of the lease, Mondi’s Forestry Partners Programme (FPP) would work closely with the communities to introduce them into Mondi’s supply chain and transfer the skills required surrounding the business of forestry farming.

“The [FPP] has a menu of support available to new farmers. This includes business planning, environmental and fire support and access to seedlings. In each case, Mondi will work with communities to match the required support to their needs and aspirations,” Mondi head of FPP Jim Matsho explained in a statement.

During the second ten-year period, the communities would be given the opportunity to take more direct control of the forestry land and processes, stated Mondi.

The group had signed its first land restitution agreement with the AmaHlongwa and AmaBomvu communities, in Kranskop, in KwaZulu-Natal, in October last year. This agreement saw the transfer of 4 000 ha of land to these communities.

Edited by: Terence Creamer
© Reuse this Comment Guidelines (150 word limit)
 
 
 
 
 
 
 
 
Other Forests News
Forestry and forest products group York Timber Holdings on Tuesday reported earnings of R49.76-million for the year ended June 30, down 53% from the R106.86-million achieved during the prior year, with the decline mainly the result of reduced sawmill profitability...
More
 
 
Latest News
Swedish Ambassador to South Africa Christian Meuwly will next week inaugurate the final roll-out of the new vertical shaft brick kiln (VSBK) at clay brick manufacturer Langkloof Bricks’ facility in Jeffrey’s Bay. The VSBK formed a part of economic, social and...
Hot on the heels of the launch of Rustenburg’s rapid transport system’s brand name and logo last week, a negotiation framework agreement (NFA) has been formally agreed to and signed by the Rustenburg Local Municipality (RLM) and taxi and bus operators affected by the...
The runway at the George Airport, in the Western Cape, has been rehabilitated to improve safety, in terms of run-off and storm water drainage, and the structural capacity of the pavement surface. The scope of work comprised the extension of Runway 11/29, the...
More
 
 
Recent Research Reports
Defence 2014: A review of South Africa's defence industry (PDF Report)
Creamer Media’s Defence 2014 report examines South Africa’s defence industry, with particular focus on the key participants in the sector, the innovations that have come out of the sector, local and export demand, South Africa’s controversial multibillion-rand...
Road and Rail 2014: A review of South Africa's road and rail infrastructure (PDF report)
Creamer Media’s Road and Rail 2014 report examines South Africa’s road and rail transport system, with particular focus on the size and state of the country’s road and rail network, the funding and maintenance of these respective networks, and the push to move road...
Real Economy Year Book 2014 (PDF Report)
This edition drills down into the performance and outlook for a variety of sectors, including automotive, construction, electricity, transport, steel, water, coal, gold, iron-ore and platinum.
Real Economy Insight: Automotive 2014 (PDF Report)
This four-page brief covers key developments in the automotive industry over the past 12 months, including an overview of South Africa’s automotive market, trade figures, production and the policies influencing the sector.
Real Economy Insight: Construction 2014 (PDF Report)
This five-page brief covers key developments in the construction industry over the past 12 months. It provides an overview of the sector and includes details of employment in the sector, infrastructure and municipal spending, as well as insight into companies’...
Real Economy Insight: Electricity 2014 (PDF Report)
This five-page brief covers key developments in the electricity industry over the past 12 months, including details of State-owned power utility Eskom’s generation activities, funding and tariffs, independent power producers and prospects for the sector.
 
 
 
 
 
This Week's Magazine
Integrated energy and chemical company Sasol has partnered with Unisa Graduate School of Business Leadership (SBL) professor and founder and CEO of PanAvest Partnership Dr Douglas Boateng to publish a series of books on executive supply chain management aimed at...
MORNÉ DU PLESSIS Increased urgency and burgeoning awareness of the importance of these issues are beginning to change political risks and, thus, State responses to environmental concerns
The World Wide Fund for Nature’s (WWF’s) 2014 Living Planet Index (LPI) indicates that there has been a 52% decline in vertebrate species since 1970. The Index tracked the trends of 10 000 discrete populations of over 3000 vertebrate species between 1970 and 2010.
Rwanda has joined a number of East African countries seeking to import electricity from Ethiopia as its demand grows. After it became apparent several generation project it is implementing will not come on stream early enough, now plans to import 400 MW from Ethiopia...
Metrorail’s first new passenger train will arrive in November next year, says Passenger Rail Agency of South Africa (PRASA) CEO Lucky Montana. “Next year we will be able to put our hands around the infrastructure and equipment we have been talking about for so long.”
The Competition Commission has launched an investigation into what it says are “price fixing, market division and collusive tendering in the market for the manufacture and supply of automotive components to original equipment manufacturers” (OEMs, or vehicle...
 
 
 
 
 
 
 
 
 
Alert Close
Embed Code Close
content
Research Reports Close
Research Reports are a product of the
Research Channel Africa. Reports can be bought individually or you can gain full access to all reports as part of a Research Channel Africa subscription.
Find Out More Buy Report
 
 
Close
Engineering News
Completely Re-Engineered
Experience it now. Click here
*website to launch in a few weeks