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Industry Appeal For SAEHP Funding

'The RA Cannot do it alone' - 15 April deadline looms

RA LogoIn an unsigned and undated letter from the Racing Association Board, an appeal has been addressed to industry participants to assist with funding for the South African Equine Health And Protocols.

The letter states that the South African racing industry currently finds itself in troubled times.

In addition to dwindling revenues, we are more recently coming to terms with the current state of uncertainty brought about by the COVID-19 virus.

Whilst these immediate issues need addressing, the RA is particularly cognizant of also taking a longer-term view to ensure the sustainability of our industry.

We have recently engaged with South African Equine Health and Protocols (SAEHP) to obtain an update on the current status of the export drive and to consider a request for additional funding.

The RA has been a long-term funder and supporter of the export initiative;  a commitment which pre-dates the advent of the SAEHP.

Enormous progress has been made and the South African Department of Agriculture, in conjunction with SAEHP, recently announced the scheduling of the long-awaited EU audit.  SAEHP and our Government are confident that South Africa’s risk mitigation measures regarding equine disease, meet or exceed the EU’s requirements.

SAEHP has formed a successful public/private partnership with various organs of state, including both the Department of Agriculture and the Department of Trade and Industry.  The further development of relationships with the DTI and other Government departments are vital for the future sustainability of our industry.

For further information on the specific work carried out by the SAEHP, please click on the link below:

http://www.saehp.com

Recent travel restrictions due to COVID-19 will no doubt impact the finalization of the audit process.

However, SAEHP is confident that once travel restrictions are lifted, the EU audit will be back on track and steps are being taken to ensure that as much of the detail as possible is conducted remotely until travel restrictions are lifted.

Despite generous funding to date, SAEHP currently operates on a month to month basis.

The deficit in funding to finalise the project is approximately R10 million.

The RA believes a final funding drive is needed and remain committed to the cause.  This final funding will provide SAEHP with the financial resources necessary to conclude direct export protocols and create a sustainable self-funding model control.

However, the RA cannot do it alone.  The Racing Association has committed to an immediate cash injection of R500 000 and has conditionally pledged an additional R1 500 000 on 15 April.

The R1 500 000 is pledged on the condition that broad based support is forthcoming to meet the full project funding requirement 

We feel that this effort is worthy of all our support for the benefit of the entire industry.   The date of15 April is the timeframe, by which the project must be fully funded in order to justify the investment of RA funds.

The RA serves on behalf of owners and utilizes funds to benefit owners.

We view the financial support of the export initiative as an investment.

SAEHP’s self-funding model will rely on exports becoming a regular racing occurrence.

The RA has committed funding as a pre-payment of future export levies on behalf of RA members.  In consultation with SAEHP, it has been agreed that all funds received in this final funding drive will be treated as a pre-payment against future levies.

It is envisaged that the levy for entry into the free zone for export (excluding Mauritius) will be R75 000 per horse. 

Funds raised now will be credited to the funder as a pre-payment of the levy at a reduced cost of R25 000 per horse.  For every R25 000 raised, a one-horse credit will be given.

In this manner, the RA feels the necessary funds can be raised to complete the project and at the same time provide the funder with a direct tangible return on investment.

Once approval has been secured, the cost and time associated with exporting horses for sale or to race will both be significantly reduced and more economically viable.  This is certainly the time for the racing industry to stand together and we appeal to the industry at large to support this excellent initiative in the interests of global inclusion.

For further information and to indicate your support, please contact Adrian Todd on [email protected] or on 076917278

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6 comments on “Industry Appeal For SAEHP Funding

  1. Steve Reid says:

    Could we backtrack to the ARC held in CapeTown this year and reflect on whether the money spent there glossing ego’s of those who don’t have a clue. What exactly did this farce cost the South African racing industry? Was it more important than SAEHP funding?

    The bottom line is breeders will be the eventual long term winners should the protocols be approved, Sure some owners will benefit selling stock from in training, but like it happened with Barry Irwin, prices for a proven animal will become prohibitive and quickly. I have to ask the obvious question – why was it held here at all?

    The decision makers are probably all special advisors on the save SA Racing task team.

    Do not adjust your screens this is a live broadcast the dimness levels are from source

  2. pomegranate man says:

    Dear Ed,

    To start, I have two questions.

    1.Why does the good Sporting Post publish a story based on an unsigned and undated letter?

    2.If the letter is bonafide and genuinely from the RA, why has it not been dated and signed?

    To finish, I am a punter and love horse racing. I read as much as I can about it. I do not own horses because I cannot afford it. The plea for help by the RA has fallen on my deaf ears as I realise that the RA does not regard punters as part of the South African Racing Industry. My buck will stay in my pocket.

    Stay safe everyone out there.

    1. Editor says:

      Hi Pomegranate Man
      The letter was forwarded to us from a host of credible, reliable sources within the industry with questions.
      We noted that they had received it from the designated Racing Association email address for notices.
      It was also on the letterhead of the RA.
      We publish press releases and notices from time to time from various confirmed email address sources.
      We have no reason to doubt the legitimacy of it.

      You stay safe too, thanks

  3. Rod Mattheyse says:

    75k – but you can pay 25k now! I’m disappointed there was not a “ wait there’s more – a dinner date with Toddy included”. ( I like Adrian Todd – but how could the overspend be 10 bar?) If Mr Ponzi was alive he would gladly hand over the naming rights! And there we thought the horse was flogged and drained of all it’s blood yet the dream of exporting has found a new ventilator – one made by Rolls Royce it would seem.

    The industry with all its import levies and new levies on breeders have probably spent more on this initiative through SAEHP and Racing South Africa with chief whip Gibson than Phumelela borrowed to pay dividends.

  4. jai says:

    hi pomagranate man
    well said
    times are tuff around the world and with covid 19 around one should definitly keep their money in the pocket.
    weres all the big shots that looted the game.
    its time to give the money back if you want to stay alive.

    finally the racing ship has sunk…………with all the actors in it.

  5. Y T says:

    I agree with Mr Matthyese.

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