ELECTRICITY INTERRUPTION ON 21 OCTOBER 2018
Residents are advised of a proposed electricity shutdown on
SUNDAY, 21 OCTOBER 2018, between the hours of 08h00 and 16h00, in various areas of Nelson Mandela Bay, caused by the temporary shutdown of the College Drive Substation, to allow repairs and maintenance to be carried out on a local transformer.
Areas affected: Mill Park, St. Georges Park (only end of College Drive Road), Glendinningvale, Greenacres, Scotstown.
Streets affected: Ascot Road, Barris Walk Street, Bradshaw Street, Churchill Road, College Drive, Conyngham Road, Cape Road, Dene Road, Fairford Road, Highbeech Road, Lenox Street, McLean Road, Mill Park Road, Mortimer Road, Nightingale Street, Ramsay Lane, Salisbury Avenue, Wares Road, Way Avenue, Wembley Road, Westview Drive, Woodville Road, Young Road.
All installations must be treated as live for the duration of the outage. - Apologies are tendered for any inconvenience caused.
The following minimum criteria must be met by applicant investors in order to qualify for these discounts:
- The investment must be made within Nelson Mandela Bay;
- The investment must qualify as medium or large business or be equal in size to a medium or large business, as defined by the National Small Business Amendment Act (2003)
- (See Annexure D for more details), i.e.
- Employ more than 50 permanent staff,
- Generate minimum turnover of between R5 million and R15 million depending on which sector the business operates), and
- Have minimum asset values of between R2 million and R5 million, depending on which sector the business operates;
- The investment must be a new investment or expansion of an existing business in Nelson Mandela Bay, i.e. it does not apply to businesses that have simply relocated within Nelson Mandela Bay.
- The investment must be of a commercial or industrial nature on land zoned for industrial or commercial activities;
- The investment must have been made within 12 months prior to the application and after approval of this policy by the NMBM Council.
Businesses and investors will have to provide the relevant documentation required by the municipality to substantiate the application and proof that these criteria have been met. The size of each of the incentives identified above is the maximum that is available to investors per incentive. Preferential consideration should be given to those investments that strengthen the development priorities of the NMBM EGDS, i.e.
- Investment in priority geographical areas of the metro;
- Investment in priority sectors of the metro;
- Promote Broad-Based Black Economic Empowerment;
- Extent of local procurement which strengthens the local economy;
- Number of direct employment opportunities created;
- Increase the human capital (skills and knowledge) within NMB.
The final agreement must be ratified by the Exco and Council, and should be publicly available. This will encourage consistency and transparency.
Each application should be weighed and scored against these evaluation criteria. The following incentive weighting matrix could apply:
INCENTIVE CONTRACT TERMS & CONDITIONS
The following terms and conditions will apply to contracts between the NMBM and the successful applicant:
- The maximum period of the incentive contract is five (5) years after application.
- The financial discounts will only commence upon the actual start date of production /business services
- Change of ownership or name of the enterprise already receiving incentives does not qualify such enterprises to re-apply for a new allocation of incentives, with existing incentives granted continuing for the remainder of its period, provided original conditions are still met
- All incentives will form the subject of an incentive contract between the relevant municipality and the applicant
- Incentives will be suspended if the all existing accounts with the municipality are not up to date, i.e. not more than a maximum of 60 days in arrears.
- The municipality may withdraw any incentives offered to a specific applicant at its own discretion if, in its opinion, the applicant has breached any condition in the incentive contract.
Please note that this list is not exhaustive as the normal contract terms and conditions as per NMBM supply chain policies apply.
041 503 7540
041 503 7509
041 503 7502
- Retention Assist