1. BOXING SOUTH AFRICA ANNUAL REPORT 2006/07
Presentation to Portfolio Committee on Sport and Recreation
23 October 2007

2. BOXING SOUTH AFRICA (BSA)
Establishment of Boxing South Africa
A Boxing Commission which is a juristic person known as Boxing SA was established in terms of the South African Boxing Act, 11 of 2001

3. BOXING SOUTH AFRICA (BSA)
Duties of Boxing South Africa
Duties and powers of BSA per section 8 of the Act:
(a) Compile and publish information statistics and annual report on its activities
(b) Assist in the establishment of associations or federations
(c) (i) Hold meetings at least four times a year
(ii) Hold meeting at its request, or requested by associations
(d) Consider applications for recognition of international boxing bodies, organisations, and their champions

4. BOXING SOUTH AFRICA (BSA)
VISION
To create a world class regulatory body for boxing.
MISSION
To enhance the capacity of all stakeholders to improve the quality, passion, and popularity of professional boxing in South Africa and internationally

5. BOXING SOUTH AFRICA (BSA)
Key Objectives of BSA
Create an organized and regulated environment for professional boxing
Design an appropriate structural arrangement for boxing
Improve quality of tournaments
Enhance the popularity of boxing
Develop high performing boxers and ring officials for international stage
Create an enabling environment for the increased welfare of licencees
Provide for the seamless transition of boxers from amateur to professional ranks

6. BOXING SOUTH AFRICA (BSA)
Funding of BSA
The funds of BSA in terms of section 15 of the Act consists of:
Money appropriated by Parliament
Fees payable to BSA in terms of the Boxing Act
Grants, donations and bequests made to BSA
Income earned on the surplus money invested by BSA
Money generated from sponsorships and fundraising

7. OPERATIONAL RESULTS 2006/07
Successful Annual Boxing Awards and Convention, Jan 2007
Increased Tournaments total = 88 (82), International = 21 (18)
Increase in the number of licencees = 1046 (857)
Spectacular Boxing events (Ali, Fana, Klassen, etc.)
Babychamps project’s successful second year
Theta training agreement signed for R 3m, agent appointed and training started
Increased participation in international events by boxers and ring officials.
Professional female boxing launched in Durban.
SANABO agreement finalised
Operations momentum maintained in spite of funding and management problems

8. FINANCIAL MANAGEMENT + ADMIN
Unqualified Audit Report issued by the Auditor General
Audit queries of 2005/06 addressed and controls implemented
Chart of Accounts Restructured
Timely completion of Annual Financial Statements for Audit
Policies Implemented as per AG recommendation

9. INCOME AND EXPENDITURE
SRSA Grant
BSA generated income
Sponsors
TOTAL REVENUE
Employment cost
Operating+Admin cost
Projects (Babychamps, Training, Awards)
TOTAL EXPENDITURE
(DEFICIT)
( )

10. FINANCIAL STATUS REPORT
Creditors on 31 March 2006 = R
Applied for MTEF funding from Treasury through SRSA = R 2 million
SRSA accelerated their funding to BSA
Lotto funding application pending R 1,5 million
Sponsorship revenue needs to be increased
Agents appointed to secure sponsorships, positive response, agreements negotiated

11. BSA ORGANOGRAM

12. STAFF MATTERS CEO assumed duties 1 June 2007
Staff structure approved, positions advertised and staff appointed
Job descriptions finalised for all positions
Performance appraisals done for staff
Labour relations matter finalised (Mlabateki)
Final stage of disciplinary hearing scheduled for 14 November 2007 (Naidoo)

13. BOXING SOUTH AFRICA
Thank you for your time