Refurbished St Francis Bay Fire Station officially unveiled

Refurbished St Francis Bay Fire Station officially unveiled

St Francis Bay – The St Francis Bay Fire Station has undergone a major refurbishment, made possible through the strong partnership between the Rotary Club of St Francis and Billy’s Beach.

The project honours the legacy of the late Tom Roux, a dedicated Rotarian remembered for his unwavering commitment to community service.

The upgraded station was officially celebrated with the unveiling of a commemorative plaque in Roux’s honour and the installation of new station signage – symbols of a project that has transformed the working and living conditions of local firefighters.

Rotary President

Rotary President Rotarian Lesley de Jager said the project was a true community effort.

“Over the last two years and now the last six weeks, many hands and hearts have worked together to make this transformation possible. Today we stand in front of the fire station that is not only functional, but a proud symbol of what we can achieve when Rotary, local government, businesses, and the community come together.”

De Jager made special mention of everyone who generously donated money, time, and effort to make the project a reality.

“Your commitment to supporting community initiatives like this is deeply appreciated. I would also like to recognise the Rotarians who led and managed the project. We also extend heartfelt gratitude to all the contractors who played such an important role in this renovation. Not only did they deliver work of the highest standard, but they also came on board with generosity of spirit, offering us their services with community-friendly rates.”

She added that the vision for the project originally came from fellow Rotarian Tom Roux.

Tom Roux

“Tom’s determination laid the foundation for upgrading this fire station. Sadly, he passed away before seeing his dream fulfilled.”

Kouga Executive Mayor, Hattingh Bornman, praised the initiative as an outstanding example of partnership.

“We do not take lightly what you did. We value it tremendously. Partnerships like this make Kouga a special place, and they can serve as a model of what a flourishing South Africa should look like.”

Municipal Manager, Charl du Plessis, echoed this appreciation, adding his thanks to those who made the refurbishment possible.

The upgrades included a new roof, a revamped kitchen, a recreational room, separate sleeping areas for men and women, upgraded bathrooms, and even a gym space for firefighters.

Mayor Bornman

Mayor Bornman noted that the improvements go far beyond bricks and mortar.

“Our firefighters are the backbone of emergency response in this region. Providing them with proper facilities is not just a necessity—it’s a responsibility we all share. We commend Rotary and Billy’s Beach for their commitment, and we look forward to the positive impact this station will have on both first responders and the wider community.”

The plaque unveiling carried special significance, fulfilling a promise made shortly before Roux’s passing. In his last days, he told fellow Rotarian Jef Forrer: “If anything happens to me, please make sure the Fire Station work continues.”

For the firefighters, the refurbished station is more than just an improved workplace.

Firefighter Alistair Brown, who has served at the St Francis Bay Fire Station since 2010, said: “The most important thing a parent can teach their child is to be thankful. On behalf of the firefighters, I thank everyone who made this project possible. This is our home away from home. For some, it may have been just another project, but for us it carries deep meaning because of Mr. Tom Roux’s special bond with this station. We will continue to serve with pride and dignity.”

Investment Backed Lending: Accessing Cash Without Selling Your Investments – The Human Side Of Money Pres. By Client Care

Investment Backed Lending: Accessing Cash Without Selling Your Investments – The Human Side Of Money Pres. By Client Care

A fairly new facility now available from some financial service providers is called Investment Backed Lending. In simple terms, it allows you to borrow money using your existing investments as security, rather than having to sell them.

No Cashflow Strain

Here’s how it works: if you hold investments on a provider’s platform, they will advance you a loan based on the value of those investments. Typically, you can borrow up to 50% of your portfolio value. The loan runs for 12 months at an interest rate usually around prime, and you only need to pay the interest. The capital itself never has to be repaid unless you choose to. Even better, the interest can be settled as a balloon payment at the end of the term, which means no monthly cashflow strain.

Investment Backed Lending

 

Why might this be useful, especially if you’re already in retirement?

Quick access to cash:

Perhaps you want to buy a car or a property and don’t want the hassle of applying for traditional finance.

Avoid selling in a slump:

If markets are down, you may prefer to borrow short-term cash rather than disinvest at low values.

Reduce tax drag:

Holding large cash balances often leads to extra tax and little to no real growth. With this facility, you can keep your money invested while still having liquidity.

 

Local or offshore:

These loans can be set up against both South African and offshore portfolios.

The key benefit is that your money stays invested and keeps working for you. You don’t trigger capital gains tax or transaction costs, and you keep the growth potential intact.

Naturally, there are limits and safeguards. Loans are capped at a percentage of your portfolio, and if markets fall sharply, you could face what’s called a margin call—where the provider asks you to top up your security or reduce the loan. So while it’s a useful facility, it still needs to be used wisely and in the right circumstances.

Investment Backed Lending

 

For many clients, though, Investment Backed Lending is a smart way to access short-term cash while keeping their long-term plans on track. It’s not for every situation, but it’s good to know the option exists.

Dirk Groeneveld, Certified Financial Planner

t. 083 261 9287

e. dirk@clientcare.co.za

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