Staff Reporter
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/ 21 May 2008

‘What kind of nation are we building?’

The South African government is under growing pressure to send troops into Johannesburg’s townships for the first time since the apartheid era as African immigrants continued to flee a wave of killings and violence against foreigners. Several people were killed overnight including two men, believed to be Mozambican miners, who were beaten to death as mobs moved through townships.

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/ 21 May 2008

A wider variety

Franklin Templeton Investments has 40 offshore collective investment schemes registered with the South African Financial Services Board. Michael King, Franklin Templeton director for Africa, says the group offers a range of investment opportunities to South African investors, available through the foreign exchange offshore allowance.

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/ 21 May 2008

A fund of global managers

In mid-2004 Sanlam Multi-Manager International restructured its international offering to its South African clients by applying its process to its new global equity and global bond products. Previously SMMI operated on a regional basis, finding the best investment managers in each geographic area to manage its assets.

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/ 21 May 2008

The right to fight with HIV

A trumpeter, a combat training specialist and a personnel clerk took on the South African National Defence Force in court last week over the military’s policy on HIV-positive soldiers. The three, together with the South African Security Forces Union, applied to have lifted an effective blanket ban on the employment of people with HIV and the promotion of soldiers who are already HIV-positive.

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/ 20 May 2008

Eskom ‘heading for skills crisis’

A skills shortage at Eskom could affect its expansion plans, trade union Solidarity said on Tuesday. ”Eskom’s current skills shortages are already causing problems, but if the levels of alienation among Eskom staff are any indication, the company is heading for a crisis,” said the union’s Dirk Hermann.