• OGEFREM issued a Special Mandate dated 30 June 2016 commissioning Butisol Capital Partners (Pty) Ltd to engage Transnet and financial institutions regarding the development of the Kasumbalesa Dry Port
• A Letter of Appointment written by OGEFREM dated 26 August 2016 commissioned Ishnana to perform the following tasks:
(i) Secure dedicated spaces within RSA ports for management of the Congolese freight
(ii) Develop a management system for freight from and to the DRC transiting through RSA ports
(iii) Enforce relevant legislations pertaining to the transportation of Congolese freight
(iv) Mobilize financial resources fort the development of the Kasumbalesa Dry Port Project.
• A Public Private Partnership Agreement was signed between OGEFREM and Ishnana on the 27th January 2017 in line with the appointment of 26 August 2016 (NB: it is noted that the agreement extended the scope of work to also include freight transiting through the Namibian ports)
NATURE OF RELATIONSHIP
Butisol Capital Partners (Pty) Ltd
• CEO – Mr TS Mhlongo
• Special Mandate (30/06/2016) – Development partnership for the development of Kasumbalesa Dry Port
• Butisol is responsible for the physical implementation of the Kasambalesa Dry Port Project
Ishnana Investments (Pty) Ltd
• Managing Director – Mr TS Mhlongo
• Letter of Appointment (26/08/2016) – Mobilise financial resources for the development of Kasumbalesa Dry Port
• Ishnana is responsible for the Project Management aspects of the Kasambalesa Dry Port Project
LINKAGES
Ishnana
• To undertake the storage and management of Congolese freight to and from the DRC transiting through RSA and Namibian Ports
• To develop a management system for freight in transit
• Enforcement of Congolese legislation pertaining to the transportation of Congolese freight
• Project Management for the development of Kasumbalesa Dry Port
Butisol
• Development of the Kasumbalesa Dry Port
PARTNERSHIP WITH TRANSNET
Ishnana Logistics and Transnet
• Joint storage and management of the Congolese Freight at Transnet facilities in Durban and Walvis Bay (TPT)
• Joint storage and management of the Congolese Freight in Ndhola, Zambia (initial arrangement) [TPT]
• Sharing of intellectual property to develop a management system for Congolese freight (TPT)
• Transportation of Congolese freight to Ndhola initially and Kasumbalese upon completion of the Dry Port Project
