Droogfontein Community Property Association

R678 000 has been contributed to the Droogfontein Community Property Association (CPA) to support enterprise development programmes.

Droogfontein Solar Power provided funds to the Droogfontein Community Property Association in support of two selected projects, namely a feasibility study for the establishment of a chicken farming venture on the farm to the valued at R300 000; and R20 000 to fund the start-up cost for the running of a Canteen by a group of six CPA women who currently own their own enterprises in the catering sector.

In addition to this, a business plan for the business was drafted by a service provider called Traction at a cost of R108 000.

A further R250 000 was provided in support of the DCPA to implement financial administration costs which include systems that will allow them to manage their financial affairs on the farm, accounting systems and a system for payment of beneficiary dividends when necessary.

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Tuesday 17/09/2013

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Monday 09/09/2013

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Majority shareholder, Globeleq is jointly managing the construction of Droogfontein Solar and will play a key role as the management company during operations.