Annual Report 2011

Chairman’s Report

It is remarkable that year after year JHC can report on its achievements and successes and there are no major issues to be addressed. We are winning in the administration of our buildings. We are winning in the management and administration of JHC. We are getting things right.

Even in the difficult economic circumstances that have persisted over this past year, JHC has succeeded in keeping vacancies in its buildings at manageable levels. The collection of rentals has also been very well managed with the quantum of overdue payments kept close to JHC’s target limits.

This illustrates that, although JHC is not a big company, with the right people, the right skills, the right training and the right management attitude, we make things work. It is important to recognise that through its own achievements JHC also plays a part in the endeavour to make Johannesburg a well-managed city.

One of the highlights of the past year has been the celebration of the 10th anniversary of Makhulong A Matala, the community development-focused subsidiary of JHC.This gave us the opportunity to refl ect on just how much Makhulong has achieved over this relatively short period of time and to recognise the role it has played – and continues to play– in making Johannesburg a liveable city, not only for JHC tenants but also for others living in JHC neighbourhoods. Makhulong has contributed significantly to making the inner city a place where people can live, work and play. Together with JHC it has created the kind of holistic civil and social networks, meeting points and structured activities that nourish and sustain stable and cohesive communities – exactly as envisaged in government’s national Human Settlements policy.

In the eKhaya Neigbourhood in Hillbrow we have seen Makhulong take the lead in organising events and activities for the broader neighbourhood community, working with the other players in the eKhaya Neighbourhood Association and connecting with other community-based organisations to make things happen. And Makhulong is now sowing the seeds for more neighbourhood development programmes to take root in other precincts of the inner city.

That the City of Johannesburg is now creating playing fields for children in the inner city – in Joubert Park for instance – may be seen as a compliment to the community-building concepts that Makhulong and JHC have championed consistently, and against challenging odds, since they were established.

I am further pleased to note the confidence shown by the private sector in JHC. This is evident, for example, in the write-off of a loan that had been made to JHC by Anglo Gold for the Brickfi elds development. By agreement, JHC in turn transferred the money, in the form of a grant,
to Makhulong. A similar arrangement was agreed with Anglo American in the previous financial year. As well as being an appreciable philanthropic gesture, the writeoffs convey an appreciation within these private sector businesses of the qualitative good that is being done by non-profit organisations like JHC and Makhulong. From the public sector, the substantial loan facility extended to JHC by the Public Investment Corporation signals its confidence in the organisation and in JHC’s
growth plan.

Pat Lephunya

Chairman

Click on the link below to view and download the complete JHC 2011 Annual Report:
JHC 2011 Annual Report