Statement: The Financial Services Board (FSB) is disappointed with the sentence handed down to Mr J Arthur Brown by the Western Cape High Court today. The FSB believes that the fine of R150 000.00 or 36 months in prison does not acknowledge the extent of the damage caused by Mr Brown’s actions.
“Tradition is alive and well, especially in Swaziland, where King Mswati calls the shots. Being an absolute monarch, means Mswati has the power to choose Swaziland’s prime minister and other top government posts. The Swazi King is, however, especially notorious for his opulent lifestyle,” says Finweek government spy Statecrafty of King Mswati’s traditionalist views at the World Economic Forum.
“Despite massive interest in Africa from the global real estate industry, little is being done to proactively market the continent abroad,” says Tony Galetti. Africa is still regarded as a comparatively underdeveloped continent, being one of the last remaining regions that can allow for a significant amount of future growth. But actively attracting direct foreign investment in local properties and development remains severely lacking.