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Business Unity South Africa

 BUSA represents South African business on macro-economic and high-level issues that affect it at the national and international levels. Our function is to ensure that business plays a constructive role in the country’s economic growth, development and transformation and to create an environment in ...
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South African Chamber of Business

 With wide-ranging changes taking place in South Africa, as well as internationally, business people will find it more difficult to operate in isolation and ensure survival. The chamber movement represented by the South African Chamber of Business (SACOB) and its almost 100 constituent chambers is a ...
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From The Glossary »

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Prudential Funds:

Prudential funds have to conform to legislation governing retirement funds (regulation 28 of the Pensions Fund Act) which lays down certain guidelines. The act restricts their exposure to equities to 75 percent of total assets, in order to reduce the risk and volatility of these funds. Prudential funds aim for a balance between income and capital appreciation, while maintaining a moderate level of risk. Fund managers have to make two choices; which ...
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