No profit is disappointing

PARLIAMENT’S economic development committee said on Friday that it was disappointed that local communities supposed to benefit from two lodges in the Madikwe Game Reserve in North West province were receiving only 10 percent of the profits. It said the lodges, built in 2005 and 2006 respectively, had not yet generated enough profits to enhance the lives of community members, with profits still being used to pay off the initial loans and debt incurred for building the establishments. Madikwe is currently South Africa’s fifth largest game reserve and stands on land previously used as unsuccessful farming land with poor soil. – African News Agency (ANA)