More than R11-billion flowed into unit trusts in the March quarter, as investors remained bullish on prospects for equity markets, figures released by the Association of Collective Investments on Thursday show. This was nearly double the December quarter's inflow. Di Turpin, the association's CEO, said domestic equity funds and asset allocation funds were the most popular destinations.
For most first-year students a tertiary study institution can be a daunting place, especially when if they are living on campus, far removed from their families and situated among thousands of students who are mostly, at first, complete strangers.
The dean of students at the Vaal University of Technology (VUT) is someone who has recognised these adjustment strains and decided to do something about it.
South Africa is to become the guinea pig for the production and testing of a controversial HIV/Aids vaccine that will be grown in genetically modified (GM) plants. But local environmental activists have warned they will fight the project, for which the European Union has granted 12-million euro (about R80-million) over five years.
<li><a class='standardtextsmall' href="http://www.mg.co.za/Content/l3.asp?ao=119188">'Conflict of interest' in GMO panel</a>
The tourism industry, a nascent economic powerhouse, is the latest to catch black economic empowerment (BEE) charter fever. It has given itself six months to draw up a BEE charter to ensure more blacks are brought into the industry. Fourteen mandarins have been appointed to lead the process. The future of tourism, it seems, is sunny, but not pale.