(1) Yes, South African Airways had sponsorship commitments in the financial years (a) 2013-14, (b) 2014-15, (c) 2015-16 and (d) 2016-17. All these sponsorship sponsorships were approved in accordance with the company’s DOA requirements and followed internal approval process. The sponsorships for the above period are listed in the table below:
Sponsorship Property |
Right Holder |
Value |
Period |
Springboks |
SA Rugby |
R22.5m per annum |
2013-14 |
SA Olympic Teams |
SASCOC |
R6m per annum |
2014-15 |
Springboks |
SA Rugby |
R22.5m per annum |
2014-15 |
SA Olympic Teams |
SASCOC |
R6m per annum |
2015-16 |
Springboks |
SA Rugby |
R22.5 per annun |
2015-16 |
Miss South Africa |
Sun International |
R594k |
2015-16 |
World Routes |
UBM |
R1.5m |
2015-16 |
NBA Africa Games |
NBA Africa |
R1.3m |
2015-16 |
International Jazz Extravaganza |
Teacup Projects Proprietary Limited |
R1.1m |
2015-16 |
Bafana Bafana |
SAFA |
R10m first year R25m per annum thereafter |
2016 – 17 |
SA Olympic Teams |
SASCOC |
R8m per annum |
2016-17 |
Miss South Africa |
Sun International |
R596k |
2016-17 |
Notes:
(2) the details/declarations are included above.