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FROM THE GENERAL MANAGER

Picturesque Prince’s Grant

December 2019 COMMUNTIY

HOLIDAY ACTIVITIES


This magazine is designed & published in partnership by :

A division of GLOVent Solutions www.glovent.co.za | chandi@glovent.co.za

From The General Manager

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From The Captain’s Table

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Picturesque Prince’s Grant

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Community

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Festive Season Programme

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ADVERTISING ENQUIRIES

Holiday Activities

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Contact the Sales Team

A division of Fabmags

Tel: 032 946 3187 E-mail: digisales@fabmags.co.za Next Newsletter: February 2020 Disclaimer: This eMagazine is produced especially for residents of Prince’s Grant Estate to provide updates and useful information. It is produced by GLOVent Media & Fab Creative, on behalf of the Prince’s Grant Estate. Although every effort is taken to ensure accuracy of content, Prince’s Grant Estate HOA and/or the Publisher, cannot be held liable for any inaccurate information, and may not agree with all opinions expressed in this publication.


From the

Celebrating 25 Years in Paradise

Just 80 km north of Durban, on the soughtafter North Coast, lies Prince’s Grant Golf Estate, a magnificent taste of paradise for residents, golfers and holiday makers alike. Established in 1994, the estate is celebrating its 25th year of existence and is one of the oldest residential golf estates in Natal. In October 1856, George Wilson Prince acquired the piece of land on which Prince’s Grant is built by means of a Deed of Grant issued by the Lieutenant Governor of Natal. In order to retain an association between the property’s history and the present-day estate, the developers decided to use the name Prince’s Grant. The estate is well worth a visit, being only half an hour away from King Shaka International Airport. It boasts secure and private access

to its own strip of secluded beachfront along the Natal coast. The par-72 18-hole championship course was designed by local golf course architect, the well-regarded Peter Matkovich. The lodge/clubhouse, a colonial-style building, offers six charming suites on the top floor, with views overlooking the ocean on one side and the natural landscape of the estate on the other. Enjoy a Prince’s Grant welcome in the popular fine dining restaurant, Bunkers, which is famous for its curries. Residents also enjoy the free flowing drinks and electric vibe in Mulligan’s Pub. The shaded terraces provide the perfect venue for a family meal after a full day of activities or a refreshing drink after a rewarding day of golf. Outside visitors are welcome to use the restaurant, pub, golf course and accommodation. Please visit the

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From The General Manager continued

website www.princesgrant.co.za for further details and booking information. Prince’s Grant is also a hive of activity during the holiday season. It makes the perfect holiday destination and caters for all ages, offering squash, tennis and large communal pool and leisure facilities. Trained lifeguards look after beach enthusiasts during these times, ensuring the safety of all who frequent this stunning coastal estate. Exciting entertainment programmes are offered for younger children at the main pool during busy seasons. The estate’s main focus, however, is on providing a safe and secure haven for its permanent residents. Security is paramount and the estate is committed to preserving and nurturing the beautiful environment and natural surroundings. Wildlife exists in abundance and residents can enjoy fishing, canoeing and stand-up paddling in the freshwater lagoon, as well as tranquil walks and birding. There are wonderful mountain bike trails in the surrounding forests. Children are able to roam freely and safely. It is the perfect place to raise a family. Prince’s Grant - the way life should be lived!

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Greetings fellow homeowners and Prince’s Grant golf members! Another year at Prince’s Grant has come and gone, in fact 25 years have gone and I’m reminded of the first time I played golf here at Prince’s Grant, which was around 1996/7, I think, as I have vague memories of there being a prefab Parkhome for a Pro Shop around the area in front of where the Lodge is today and also meeting one of my golfing hero’s Hugh Baiocchi, who happened to be in the ‘Pro Shop’ at the time.

From the

A friend of mine had invited me to join him for a complimentary round of golf he had received from the developers agent, with a view to invest on this ‘Golf Estate’ that had recently opened down the North Coast in the Stanger area! Although there were hardly any houses at the time and the course was pretty bare, I came away with a good feeling, but knew I couldn’t afford to buy there.

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From Captain’s Table continued

In 2003, when on my way back from visiting a business colleague at his holiday home at Zinkwazi I stopped in at PG to see how the development was going and was ‘accosted’ by one of the Estate Agents by the name of Craig Murphy, whom some of you would remember, Craig was one of those salesmen who could sell ice to eskimos, a difficult man to say no to, in fact according to Craig, buying at Prince’s Grant was the bargain of a lifetime and as it turned out, he was right, not only from the point of view that the prices on land escalated by around 500% a year or so later, but what a bargain it has turned out to be now living on this incredible estate, with its world class golf course!

25 years later, the course has well and truly matured into something really special, that even the developer and designer could not have foreseen! As a homeowner/member and in my second term as golf captain, being part of this golf course, is like being the proud father of a high achieving child! As the owners and custodians of the golf course, it is our duty, to the developer and architect, to always maintain its integrity, particularly in terms of maintenance, upkeep and staying abreast with advancements in golf course architecture. Not only are we celebrating our 25th Anniversary, but this also signalled

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From Captain’s Table continued

time to renew the greens, which have a recommended 25 year lifespan and at the same time given our ‘quarter of a century’ beauty a bit of a ‘nip and tuck’, so that we can all look forward to the next 25 years of being part of this exciting, feel good and challenging golf course that we have invested in!!

Golf Captain. A big thank you to Debbi Meyer for her hard work and achievements over the years as Lady Captain, we’re going to miss the ‘Energy’ she brought to our meetings! Southern Turf Management (STM) have changed the guard and we welcome Evan du Plessis who has replaced Jacques vd Westhuizen in the hot seat as Head Greenkeeper.

Here’s to another 25 years!!!

Evan who hails from Pecanwood Golf Estate has already entrenched himself in the short period that he has been in charge in dealing with the root fungus that manifested in our greens and with the luxury an experienced team and fellow greenkeeper Jacques, will take on the back 9 in early January 2020.

The Year Ahead I begin with thanking those Golf Committee member for their willingness to stay on the committee and for the vote of confidence in electing me for another year as captain and at the same time, welcome Estelle Byrne onto the committee and her appointment as Lady

Bruce Reid

NORTH VS SOUTH


Picturesque Prince’s Grant The name “Prince’s Grant” is derived from that of the first owner, George Wilson Prince. Mr Prince acquired the property by Deed of Grant in 1856 from Her Majesty Queen Victoria. The land acquired by Mr Prince was 3 354 acres, and the price a handsome two pounds, five shillings and four pence sterling. Soon after this, the farm was acquired by Babu Bodasing, an indentured cane cutter from India. The land remained in the hands of the Bodasing family until it was sold to Prince’s Grant Property Share Block Limited by Mr Raj Bodasing. The latter is still a shareholder and property owner at Prince’s Grant. Guy Smith, founder of Prince’s Grant Coastal Golf Estate, had a dream to build a golf course. Through sheer perseverance, this dream became a reality,

and in November 1994, Prince’s Grant was officially opened. Prince’s Grant golf course is sympathetic to the natural environment, and boasts abundant biodiversity. The original vision of the developer, Guy Smith, to create a golf course here so that it would be seen as if it was cut out of original coastal woodlands, has been fulfilled.

The 3rd Green Then..

The golf course has become a green oasis in the midst of a green desert, which existed out of hundreds of square kilometres of sugarcane fields.

On economic grounds, this project is of course also a huge success. More than 300 people from Now..

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Picturesque Prince’s Grant continued

Ariel views of the Estate during the early days…

the surrounding areas work daily on the estate. The contribution of the estate to municipal tax alone is more than half a million a month, and the municipal delivers no services to the estate. The local economy, from petrol stations to hair salons, also benefit from this development. Prince’s Grant golf development is a success for both man and nature alike. The good part of the story is in fact that it is not only a success for the environment, but also most of our golf courses contribute to a healthy environment.

Ariel views of the Estate during the early days…

The dam as it looks today…

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From a Golf Member

Mike Kieser Earliest memories are of a small wooden Wendy Hut situated behind the 10rth tee. This was manned by Johnny and Hugh Baiocchi from where they administered our golf competitions and supplied a small selection of golfing requirements and refreshments. Prize-givings were held in the open air at the mercy of the mosquitoes. At a later stage we acquired seating in the form of the foundations of the new clubhouse. Once our magnificent new clubhouse was completed and opened it was a source of great pride and enjoyment to members. Having an enduring affection for all things amateur golf our founder Guy Smith and his wife Di decorated the club/lodge in the classical

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golf continued

manner of great traditional golf clubs. The artefacts and appropriate photos and pictures were found to be most impressive by members and visitors alike. Examples were the mounted putter used to win an early SA Amateur championships by a Mr. Jackson from Port Elizabeth and the collection of photos of all national amateur champions. It did not take the members long to settle into the new clubhouse and very soon discovered that the egde of the bar counter was perfect for rolling a golf ball along which led to the unique form of “Bar Golf” that became very popular and led to many late nights of entertainment and devious tactics. We even had small brass plaques attacned to the bar surface which indicated a “par” , “ birdie” and “ eagle”. During the early years it was not unusual for the entire patronage of the bar to take their golf clubs

and play the first hole in the dark sometimes with the aid of car lights shining down the fairway.

course which was especially social and enjoyable when there was a play-off which was determined by “sudden death”. One of these between Alistair It was also a pleasure and privilege for our Forbes and Johnny Thorpe was an epic. Beginning members to be able to play regularly with our at the 10th hole, they halved all the way till the resident Golf Professional Hugh Baiocchi made 14th where Alistair finally prevailed. During these it part of his duties to play regularly with as many early championships it was traditional for everyone members as possible. to gather at the pool complex on the Saturday evening for a bring and braai. Needless to say The golf course changed significantly ocer the years these were very festive occasions where the day from a very “ hard and fast” course with lots of run anecdotal disasters were shared, to eventually a relatively lush one. This resulted in bets were renegotiated and “ local knowledge “ being a constantly changing friendships formed. One of the endeavour. Thr 11th hole is a good example which best stories was when Evans can require a 9 iron one day and a 2 iron the next. Makanga related in detail how he managed to make a Club Championships have always been the 14 on the 6th hole but was highlight of the year and were dominated for most not too dissapointed as he still of the early years bt Alistair Forbes and Barbara had the honour on the next hole. Rotteveel. In these times most everyone walked the


Prince’s Grant Cares for the Community Crime Stop UkuKusiza is an NPO which works in partnership with the SAPS and Community Policing Forums, mainly operating in the New Guelderland area. Its main aim and goal is to be an operational extension of the local police service in order to fight crime in our neighbouring areas. Its services also extend to community safety and infrastructure oversight and input as well. The group is well connected to the relevant local authorities and key individuals and has since its inception been making a real impact where the fighting of crime and other civil oversight is concerned. The group is spearheaded by Aresh Singh, a local community leader and activist for safety and security in New Guelderland. Prince’s Grant was recently asked if we would be able assist in sourcing an off-road,

four-wheeled motorcycle. Often men on patrol are unable to either make the rounds or give chase to suspects when terrain becomes inaccessible to normal vehicles. We acknowledge our responsibility to the community and further recognise the good work Crime Stop UkuKusiza is doing in our surrounding neighbourhood. A safer New Guelderland means a safer Prince’s Grant! Based on this, we offered to purchase a well-looked-after second-hand Yamaha motorcycle and make it available to Crime Stop UkuKusiza. Aresh and team, we thank you for your tireless efforts and the real impact you have on the community. Keep up the good work!

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Prince’s Grant Golf Estate

Festive Season Programme For 2019 13


December 9th - 15th Monday

TUESDAY

WEDNESDAY

THURSDAY

Chicken Run 9 Holes from 14:30

MEAT Competition

Golf

FRIDAY

Wine Tasting @ 18:00

Clubhouse Beach and Water Safety Awareness Day 09:00 (weather permitting)

Beach Activities Main Pool Light Meals & Beverages Served Daily from Fri, 13th 10:00 - 18:00 Special Events Lagoon Pedal Boats & Canoe Hire 08:00 - 17:00 @ R15/hr Life jackets & Oars Deposits payable at Main Pool

Pilates Class @ R50 16:00 Contact Karen on 0760804205

Pilates Class @ R50 16:00 Contact Karen on 0760804205

SATURDAY

SUNDAY Baiocchi Cup


December 16th - 22nd Monday

TUESDAY

THURSDAY

PG Holiday Kids Club (see separate programme enclosed)

Kids Activities

Curry Buffet

Italian Buffet

FRIDAY PG Holiday Kids Club (see separate programme enclosed)

MEAT Competition

Golf Clubhouse Daily Buffet Dinner’s from 18h00 Call 032 482 0005

WEDNESDAY

NORTH VS SOUTH

Seafood Buffet

Spanish Buffet

Chicken Braai & Burgers

Light Meals & Beverages 10:00 - 18:00

Light Meals & Beverages 10:00 - 18:00

Light Meals & Beverages 10:00 - 18:00

SATURDAY

SUNDAY

PG Holiday Kids Club (see separate programme enclosed) 4 Ball Alliance With A Twist

German Buffet

Live Entertainment & Carols by Winston Smile 14:30 at The Lodge

Beach Activities Main Pool

Light Meals & Beverages 10:00 - 18:00

Special Events

Pilates Class @ R50 16:00 Contact Karen on 076 080 4205

Lagoon

Light Meals & Beverages 10:00 - 18:00

Pedal Boats & Canoe Hire Pedal Boats & Canoe Hire from 08:00 - 17:00 @ R15/hr from 08:00 - 17:00 @ R15/hr Life jackets & Oars @ Main Life jackets & Oars @ Main Pool - deposits payable Pool - deposits payable

Light Meals & Beverages 10:00 - 18:00

Light Meals & Beverages 10:00 - 18:00

Pilates Class @ R50 16:00 Contact Karen on 076 080 4205 Pedal Boats & Canoe Hire from 08:00 - 17:00 @ R15/hr Life jackets & Oars @ Main Pool - deposits payable

Pedal Boats & Canoe Hire Pedal Boats & Canoe Hire from 08:00 - 17:00 @ R15/hr from 08:00 - 17:00 @ R15/hr Life jackets & Oars @ Main Life jackets & Oars @ Main Pool - deposits payable Pool - deposits payable

Pedal Boats & Canoe Hire Pedal Boats & Canoe Hire from 08:00 - 17:00 @ R15/hr from 08:00 - 17:00 @ R15/hr Life jackets & Oars @ Main Life jackets & Oars @ Main Pool - deposits payable Pool - deposits payable


December 23rd - 29th Monday

TUESDAY PG Holiday Kids Club (see separate programme enclosed)

Kids Activities

Beach Activities Main Pool Special Events

Lagoon

THURSDAY

Portuguese Buffet “Quiz Night 18:00 - 19:00”

Christmas Eve Dinner @ 18:00 (Space Limited Bookings Essential)

FRIDAY

SATURDAY

SUNDAY

PG Holiday Kids Club (see PG Holiday Kids Club (see separate programme enclosed) separate programme enclosed) Course Closed

Golf Clubhouse Daily Buffet Dinner’s from 18h00 Call 032 482 0005

WEDNESDAY

Clubhouse open for Lodge Guests only

Chicken Run 9 Holes from 14:30 Braai Buffet

Chicken Braai & Burgers

Monthly Mug (Members) Ind Stableford (Visitors)

Mug of Mugs

American BBQ Buffet

Seafood Buffet

“Quiz Night 18:00 - 19:00”

Beach and Water Safety Awareness Day 09:00 (weather permitting) Light Meals & Beverages 10:00 - 18:00

Meet Santa 10:00 - 11:00 Light Meals & Beverages 10:00 - 18:00

Pilates Class @ R50 16:00 Contact Karen on 076 080 4205 Pedal Boats & Canoe Hire Pedal Boats & Canoe Hire from 08:00 - 17:00 @ R15/hr from 08:00 - 17:00 @ R15/hr Life jackets & Oars @ Main Life jackets & Oars @ Main Pool - deposits payable Pool - deposits payable

Light Meals & Beverages 10:00 - 18:00

Light Meals & Beverages 10:00 - 18:00 Pilates Class @ R50 16:00 Contact Karen on 076 080 4205

Pedal Boats & Canoe Hire Pedal Boats & Canoe Hire from 08:00 - 17:00 @ R15/hr from 08:00 - 17:00 @ R15/hr Life jackets & Oars @ Main Life jackets & Oars @ Main Pool - deposits payable Pool - deposits payable

Light Meals & Beverages 10:00 - 18:00

Light Meals & Beverages 10:00 - 18:00 Bird Walk @ 07:00 Meet at the Lodge car park in front of Conference Centre

Pedal Boats & Canoe Hire Pedal Boats & Canoe Hire from 08:00 - 17:00 @ R15/hr from 08:00 - 17:00 @ R15/hr Life jackets & Oars @ Main Life jackets & Oars @ Main Pool - deposits payable Pool - deposits payable


December 30th - 5th January Monday

TUESDAY

Kids Activities

PG Holiday Kids Club (see separate programme enclosed)

Golf

New Years Eve 9 Hole Comp 14:00 Start

Clubhouse Daily Buffet Dinner’s from 18h00 Call 032 482 0005

Thai Dinner Buffet

Beach Activities

Beach and Water Safety Awareness Day 09:00 (weather permitting)

Main Pool

Light Meals & Beverages 10:00 - 18:00

Special Events

Pilates Class @ R50 16:00 Contact Karen on 076 080 4205

Lagoon

New Years Eve Buffet Dinner @ 19:00

WEDNESDAY

THURSDAY

SATURDAY

SUNDAY

PG Holiday Kids Club (see PG Holiday Kids Club (see separate programme enclosed) separate programme enclosed)

Dinner Buffet: Build a Roti

New Years Eve Beach Bonfire 20:00 -01:00 (weather permitting)

Bring & Braai at the Beach @ 18:30. PG to supply braai stand and charcoal

Light Meals & Beverages 10:00 - 18:00

Light Meals & Beverages 10:00 - 18:00

Pedal Boats & Canoe Hire Pedal Boats & Canoe Hire from 08:00 - 17:00 @ R15/hr from 08:00 - 17:00 @ R15/hr Life jackets & Oars @ Main Life jackets & Oars @ Main Pool - deposits payable Pool - deposits payable

FRIDAY

Chicken Run 9 Holes from 14:30

Betterball Stableford

Chicken & Chop Braai

Chinese Buffet

Light Meals & Beverages 10:00 - 18:00

Light Meals & Beverages 10:00 - 18:00

Lunch Buffet

Light Meals & Beverages 10:00 - 18:00

Pilates Class @ R50 16:00 Contact Karen on 076 080 4205 Pedal Boats & Canoe Hire Pedal Boats & Canoe Hire from 08:00 - 17:00 @ R15/hr from 08:00 - 17:00 @ R15/hr Life jackets & Oars @ Main Life jackets & Oars @ Main Pool - deposits payable Pool - deposits payable

Pedal Boats & Canoe Hire Pedal Boats & Canoe Hire from 08:00 - 17:00 @ R15/hr from 08:00 - 17:00 @ R15/hr Life jackets & Oars @ Main Life jackets & Oars @ Main Pool - deposits payable Pool - deposits payable

We have a Mangwanani“pop up” spa facility available from the 13th of December 2019 in room 13 at the Umdoni Suites. Bookings are essential. Please contact 082 779 1261


KIDS CLUB

Tuesday, 10th Dec at 9am

Beach Safety & Awareness

WINE TASTING MOVIE NIGHTS EVERY FRIDAY + SATURDAY EVENING

THURSDAY, 12/12 @ 18HOO


Holiday Activities and Amenities • Please see our detailed holiday programmes on page 13. • Bookings for paddle boats, canoes and tennis and squash courts can be made at the pool bar. The use of these facilities has been reduced and a refundable deposit and reasonable use policy will apply. Should you exceed your booked time, a usage a penalty will be applied to your deposit. Please be considerate of other users. • Please take note that the main pool will be open, but the others will close at 20:00. • Mangwanani will be setting up a “popup” spa facility from 13 December at the 13th room, Umdoni Suites. Please contact 082 779 1261 for bookings and further information.

• There will be a daily beach food and drinks kiosk (weather permitting), so there is no need to pack lunch! Guest Registrations Homeowners are reminded to please fill in the guest registration forms and submit them to the Sales office via email: communications@pghoa.co.za. All visitors must also be provided with a Gatebook Access Pin order to gain access to the welcome centre. Alternative Parking for Vehicles and Trailers Please note that we have prepared a dedicated trailer parking area from Redan Road (path leading to the old HOA buildings — please ask the guards at the

gate if need be). Trailers are not permitted to be parked on the street verges and should be stored in this demarcated area only. Boats, jet-skis and caravans should be parked at either the trailer parking area or the HOA office. Please note that all parking is at own risk and we therefore urge owners to take the necessary precautions. Wildlife Please remain within the speed limit and be mindful of the wildlife while driving on

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Holiday Activities continued

the Estate. We are surrounded by nature and do have snakes on the Estate. Please remain on the pathways and dedicated walking trails and contact security if you come across a snake.

confines of the Estate. It is a requirement that the applicant be older than 13 years of age and the permit is revocable should the driver not adhere to the Estate or general road rules and/or at the discretion of the PGHOA management. A once-off permit administration fee of R150 is payable at the Pro-shop and the application form, a passport photo and proof of payment can be presented to our compliance officer for further processing. Please find the application on your Gloportal App, at the Sales Office or at the Pro-shop.

Golf Carts Please note the recent rule amendments, which allow golf cart drivers not in possession of a valid driver’s licence to obtain a permit from the PGHOA in order to operate a cart within the

Drivers must be in the possession of a valid permit or driver’s licence at all times while operating a golf cart, failing which fines or other sanctions could apply. The PGHOA in no way, shape or form validates or endorse a driver’s ability to operate a vehicle and the use of communal facilities and

infrastructure, such as roadways, are entirely at own risk. We urge homeowners to please insure their carts appropriately. It is the responsibility of the homeowner to ensure that his tenants are aware of the Estate rules and adhere to them. Golf Cart Registration Disks We have noticed that there are still a number of carts without the latest registration sticker on display. Please note that your cart will not have access to the golf course or other facilities this holiday period if the appropriate signage is not on display. Please collect your sticker at the pro-shop as soon as possible. Private Businesses and Signage Please take note that according to Estate

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Holiday Activities continued

rules, no unauthorised private businesses are allowed on any exclusive use area or common property in or about the Estate. Furthermore, no signage of any kind may be displayed by any member and/or tenant on the Estate at any time. This includes fliers, leaflets, posters or any other advertising material. Please note that such material will be removed and fines may apply.

New Year’s Eve on the beach — no other fireworks are allowed. For safety reasons we request that all people interested in participating in the fireworks display refrain from consuming excessive amounts of alcohol until after they have ignited their fireworks. Deliveries Deliveries are permitted during working hours only and security must be informed of any expected deliveries. Overcrowding and Behaviour Please take note of the Estate rule pertaining to overcrowding and noise disturbances. Please consider your fellow-residents and Estate guests during the festive period.

Fireworks Please note that we are mindful of the wildlife on the Estate and therefore fireworks are limited to

Dinner Bookings during the Holidays With limited seating capacity compared to the

number of visitors on the Estate, we require that all home owners or holiday visitors make dinner bookings in advance. The team will do everything possible to meet your seating preference or location, but if this is not possible, we will try and make an alternative arrangement for you. If you fail to show up 15 minutes after your reservation time, the table will be allocated to other patrons. Please avoid the frustration and book in advance.


Holiday Activities continued

Refuse Collection Please note that refuse will be collected daily from 30 November 2019 until 14 January 2020. If your homes are rented out, please ensure your guests are made aware of this arrangement and that they utilise the refuse collection sign to indicate whether or not refuse is to be collected. All refuse bins must be placed in the designated area. Lifeguards Please be advised that from 5 December 2019 to 13 January 2020 lifeguards will be on duty from 08:00 to 17:00 daily at the South Beach. Whilst we have made lifeguards available for your safety, we still urge homeowners and their guests exercise extreme caution when swimming in the ocean and to be vigilant about the strong rip currents. Use of any Estate or other facilities are entirely at own risk.

Registration of Domestic workers Please remember that all domestic workers are

or alternatively be hired at R10 per day from the gatehouse. Contractors’ Shutdown Period Please note that the contractors’ shutdown period on the Estate is 11th Dec- 13th Jan 2020

to be registered at the Sales Office for access onto the Estate. They will be required to produce their identity document during this process as well. The enrolment fee is R100 per domestic. All domestic workers are to wear a yellow PG bib whilst walking on the Estate for identification purposes — these bibs may be purchased at R55 per bib,

Sales Office Kindly note that the sales office times for the festive season are as follows: • Monday to Thursday: 08:00 – 18:00 • Fridays: 08:00 – 19:00 • Saturday: 09:00 – 18:00 • Sunday : 09:00 – 14:00 • Public Holidays: 09h00-14h00

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Financial Analysis • Significant improvement in outstanding levies as the balance not provided totals R74k (compared to R 228k at the end of March 2019). • Cash at end of October totals R 8.7m (R 7.2m after Levies received in advance). • Net Income R1m more than prior year, but R 723k behind budget. • R 140k miss due to a budget error, whereby excessive levy income was budgeted. • R 620k miss due to commercial activity net income (Lodge, ProShop and Golf Course). It is our estimation that the recently uncovered theft at the Lodge caused a loss of around R 20k a month, totalling R 140k up to October. April was further a very poor month as Easter

weekend did not coincide with the school holidays, resulting in less than expected net commercial income, for April, of R 350k. Management is expecting December to be a stronger performing month as it is a longer than usual school holiday and hopefully those who did not visit the estate in April will do so in December. The remainder of the reduced income is attributable to decreased activity due to the front nine holes closed for greens replacement. • Direct overheads in line with prior year results and R 130k better than budget. • Maintenance costs R 579k better than budget, even though there has been significant maintenance activities,

indicating effective management. • Employment costs R 868k better than prior year (R 550k better than prior year once adjusted for annual increases and taking into account the savings in employment cost due to outsourcing garden services to STM), the expense however is R 726k behind budget for the year attributable to: • R 200k in unbudgeted headcount. This pertains in part to the Compliance, HR and Communications


FINANCIAL ANALYSIS continued

officer, which so far has proven to be a very valuable appointment. She has been instrumental in managing the dismissal of employees (14 dismissed and suspended to date involved in the Lodge theft), as well as bolstering our Human Resource compliance and governance efforts. She is actively improving our communication framework and is instrumental in setting up structures surrounding our general compliance. Further headcount not budgeted pertains to our general administrative functions, which is being addressed and streamlined in order to reduce this costs. • R 400k due to the restructure and dismissal of previous Lodge staff compliment involved in deceitful activities. Temporary staff arrangements had to be made during the time of investigating and preparing Prince’s Grant’s case against suspended employees, in effect duplicating staff costs for the period. Professional fees in the form of legal and human resource professionals in order to prepare for and chair the disciplinary hearings. • R 60k included as overtime for estate staff. This will be re-classed to maintenance cost as it has been in fact incurred in order to address the significant maintenance back log.

• R 45k pertains to leave accruals not budgeted for as Prince’s Grant’s leave policy dictates that leave must be taken prior to financial year end. It should be noted that the adverse events causing budget misses were mostly once off activities and have been effectively addressed. Management is confident that the current structure and staff compliment will be instrumental in not only driving improved financial performance, but general service level and brand image enhancements as well. Click here to view our 2019 Financial Report. Click here to view our 2019 Balance Sheet.

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HOA Reception

Gate house/ Security

032 482 0002 or 064 868 1984 or

032 482 0003 or 072 562 3909

reception@pghoa.co.za

Estate Manager

Lodge Reception

Johan Viljoen

032 482 0005 or 065 523 7016 or

estatemanager@pghoa.co.za

reception@pglodge.co.za

General Manager

Sales office reception

Reinhardt Annandale

032 482 0085 or

gm@pghoa.co.za

communications@pglodge.co.za

Commercial Manager

Pro shop

Elbert Du Plessis

032 482 0041 or 032 482 0052 or

golf@pghoa.co.za

golfbookings@pghoa.co.za

Human Resources & Compliance

TIME FLIES SO FAST,

IT'S ALMOST CHRISTMAS! Let's all take a break to enjoy the last few days of 2019! Happy holidays to you and your family, from all of us at PGHOA

Caryn Govender compliance@pghoa.co.za

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