The Matsamo Communal Property Association (CPA) has hit back at criticisms made by businessman Mbuso Thumbathi, who wrote an opinion piece questioning the CPA's success. The CPA says Thumbathi's opinions are biased and that he has a vested interest in the organization. According to the CPA, Thumbathi has benefited from doing business with them but was recently turned down for more business opportunities, leading to his negative comments.
The CPA was recently praised by Deputy President Paul Mashatile for its progress and work. During his visit in July 2023, Mashatile, along with other government officials and media representatives, witnessed the CPA's success firsthand. Thumbathi was also present during the visit and had previously endorsed the CPA's success, saying that investment requires forward-looking leadership and a stable environment.
The Department of Rural Development and Land Reform has been monitoring the CPA since 2022 to ensure compliance with the law and regulations guiding CPAs. The CPA recently held elections during an Annual General Meeting (AGM) that Thumbathi attended, marking the culmination of a rigorous compliance process. The AGM was attended by 1,138 of the CPA's 2,013 members and was closely monitored by the department.
The CPA's Executive Committee holds the sole responsibility to run the organization and designate board members to serve on operational boards and structures based on their skills and understanding of the CPA's vision. The CPA has implemented a transparent and foolproof system to verify membership, which is managed by a committee of elders under the supervision of the Department of Rural Development and Land Reform.
The CPA has invested in various projects, including joint ventures with companies such as RCL Foods and Tomahawk, which have invested over R700 million and created thousands of jobs. The CPA's goal is to benefit all its members and the community, not just a select few. The organization has spent over R50 million in dividends to its members and R15 million on bursary funding to support the education of 106 students.
The CPA has faced challenges, including some members being unable to lease farms due to financial and technical constraints. To address this, the CPA's Executive Committee decided to lease farms to financially and technically capable farmers, even if they are not CPA beneficiaries. This decision was made to ensure that the land generates sustainable economic value for the entire community.
The CPA is determined to continue its work and not be swayed by Thumbathi's unwarranted attacks, which are driven by his selfish interests. The organization remains committed to its goals and will continue to work towards the benefit of all its members and the community.
Key points
- The Matsamo CPA has been recognized for its success and has made significant investments in the community, including spending over R50 million in dividends and R15 million on bursary funding.
- The CPA has implemented a transparent and foolproof system to verify membership, which is managed by a committee of elders under the supervision of the Department of Rural Development and Land Reform.
- The organization's goal is to benefit all its members and the community, not just a select few.
