1. PERFORMANCE REPORT 2010/11 11  1220 tenure rights applications  449 Board approved  211 signed - R460 330.00 revenue generated

2. Distribution per District 22

3. 33 Performance Measure Indicator Target 10/11 Actual 10/11 Comments / Reasons for Variances Number of Land Tenure records in putted [LTIS] 5001135 A total number of 1135 land tenure records were inputted into the LTIS. The achievement was mainly due to the introduction of additional LTIS staff leading to an increase in capacity. Number of title deeds consolidated and a reconciled asset register 50 0 No consolidations were undertaken during the financial year. However, 45 land parcels were transferred to ITB from the DRDLR as part of reconciliation and updating the asset register. Number of former KwaZulu R293 towns transferred to local authorities. [Mpumalanga] This is the ONLY outstanding that has to be transferred 1 0 Given the underlying land legal nature of this township, the registration thereof will take some time. The processes of addressing these land legal issues are being undertaken with relevant stakeholders.  APP TARGETS

4. Number of previously transferred towns revisited. 3 2 Only two previously transferred townships were re-visited. Number of transfers of land for state domestic purposes 300 0 The transfer of SDF’s is to a larger extent a project driven by the Department of Public Works. A concept document to transfer these properties was drafted and discussed by all stakeholders. The Department is yet to adopt the concept document and the type of lease agreement with ITB. 44 Percentage of applications processed for the allocation of land for housing infrastructure. 80% 25% Twenty-eight applications for Housing Projects funded by the Department of Human Settlement were received by the Secretariat during the year. Seven Development Rights Agreements were concluded. The agreements amount to the provision of housing 6, 200 units. Variance of 55% was largely due to incomplete documentation.

5. 55 Number [%] of tenure applications received and submitted to the Board 75% 19.5% A total of 1177 applications were received for land tenure rights, 450 were evaluated surveyed and submitted to the Board for consideration and 230 were approved by the Board. Variance of 55.5% was partly due to; 1. incomplete applications 2. applications not on our land 3. capacity issues 4. although almost 40% were circulated, the shortfall is also related to Board approvals within the financial year. Number [%] of applications for mining received and submitted to the Board 75% 0% There were no mining applications received during the financial year. Number of settlements formalized through Co-operation Agreements and Land Audits 3 2 The process of land Audit was initiated at Jozini and Manguzi Towns. A process to conduct the same was held at Mbazwana. Number of community gardens under "One Home one Garden Project" assisted in terms of land allocation, fencing and borehole facilities. 5 3 The following garden projects were supported: Ntanzi Traditional Community, Matheni Traditional Community and uSuthu Traditional Community.

6. 66 Number of Workshops and Road shows conducted 1 5 The road shows / liaison meetings were held;  with selected Municipalities to discuss implications of PDA  with KZN traditional leaders; the PHTL, Umzinyathi and Sisonke local houses Input and comments on new legislations impacting on ITB 1 1 Royalty Act was reviewed in relation to its impact on Ingonyama Trust Board. Review own legislation 1 1 Draft amendments to the legislation were discussed by the Board and draft was submitted to the Department. Percentage of applications received from communities to be approved by Board and paid. 80% 98.55 % Most of the requests that were received from the traditional communities were processed and approved. The set target was met and exceeded. Priority areas to be identified. Teams to be appointed and trained. 3 areas 0 There were no requests received during the financial year. However, this could have been due to lack of information on the part of the communities. Inspectors to be appointed and trained. Inspection targets/Asset to be identified. 10 T/C's 0 A number of meetings were held with communities living in areas here squatting was identified as an issue. Among the areas identified were; Mpophomeni, Cold Place, Ndaleni, Newcastle, Jozini, Mbazwana and Mbumbulu. However, no inspectors were appointed. Number of Land Administration Committees established and trained. 5 0 Three areas were identified for Land Administrative Committees. However, due to some technicalities on the functionality of the proposed structures the establishment of the committees was not finalized.

7. Financial Report 77 Fin Statement 31/03/11Notes2011 –R- Non Current Assets17 648 345 Current Assets228 915 769 Total Assets246 564 114 Total liabilities149 525 386 Net Assets97 038 728

8. Financial Report 88 Fin Statement 31/03/11Notes2011 –R- Revenue22 637 455 Finance Income11 138 419 Total revenue50 644 123 Expenditure(43 832 415) Surplus for the year6 811 708

9. Financial Report 99 Cash flow statement 31/03/11Notes2011 –R- Cash flows from oper. activities40 501 535 Net CF from oper. activities28 432 560 Net CF from inv. activities(13 829 871) Cash and cash equi. at the end of the year 185 674 165

10. AG’s REPORT  10  Non Valuation of Land  No tangible benefits to justify costs  Royalty Revenue  Not practical to employ checking officers  Some Mining Operators are now paying directly to the State  Emphasis of Matter Issue (Zulu History)  The Board will pursue appropriate steps

11.  11  HOLIDAY DESTINATIONS ON ITB LAND

12.  12  Nguni cattle  maize farming

13. THANK YOU...  13  Visit our website : www.ingonyamatrust.org.zawww.ingonyamatrust.org.za  Contact us at : Ingonyama Trust Board  65 Trelawney Road  Southgate  Pietermaritzburg  3200  Telephone 033 8469900  Fax 033 3862528