Cape Town is World Cup Ready!

Albie Sachs italk to Futuregrowth clients

Watch this interview for more on Albie Sachs
http://fora.tv/2010/01/21/Albie_Sachs_The_Strange_Alchemy_of_Life_and_Law

Press release issued by Futuregrowth at talk given to clients:

The Constitution of South Africa is a significant barrier to risk, according to Albie Sachs, the lawyer and former exiled political activist, who last night called on South Africans not to devalue the hard-won freedoms that are entrenched in its framework.

Sachs, who two decades ago was among the people who drafted the Constitution, was speaking to members of the investment community at an event hosted by Futuregrowth Asset Management.

“The Constitution is bearing up remarkably well. When you have a robust and strong foundation as we do, it can be of enormous significance to the life of a society; it can contain the tensions and fears that could otherwise tear the country apart.”

The former judge said that because of this framework and the entrenched freedom of expression, all South Africans had the right to enjoy being who they were in a free country, but could ask to what extent the experiences of pre-democratic lives were an influence when making objective judgments.

“The matrix of the constitution and the hopes and idealism that inspired it should be what influences the way we make our judgments on people.”

“The combination of a robust economy together with this idealistic constitution makes me very optimistic about South Africa,” he said. “We are sustaining our constitution and the country is functioning even though we have setbacks including crime and a heartbreaking degree of unemployment.”

Andrew Canter, Futuregrowth’s chief investment officer, describing Sachs as a “man in the mould of Mandela”, said that the integrity of the constitution was a strength South Africans could draw on in the present uncertain climate.

“Without this, there would be risk,” he said. “It is more than 20 years since Abie Sachs argued that the constitution should identify rights to housing, water, healthcare and a clean environment and it is against this background that Futuregrowth has been channeling pension fund money into long-term sustainable growth.”
Futuregrowth, which this year celebrates its 10th anniversary as an asset manager, has played a pioneering role in development funds for the past 15 years.

A number of once-emerging businesses have gained leverage from its funds including SA Taxi, the Trust for Urban Housing (TUFH) and Capitec Bank. Futuregrowth was Capitec’s first third party lender when it started gearing up and was also the first private sector investor in Nurcha, the construction finance company. This month a new funding partnership with Nurcha was announced which enables Futuregrowth’s retirement fund clients to invest in on-the-ground service delivery, for the first time.

Futuregrowth managing director Paul Rackstraw said that company’s track record of socially responsible investment (SRI) showed that social impact and investment performance were not mutually exclusive. In the newest pioneering initiative, Futuregrowth is launching an agricultural fund which will contribute substantially to land reform in South Africa, providing opportunities on three million hectares of fallow land.

“Development funds are having a beneficial impact on the lives of thousands of ordinary people in South Africa,” said Rackstraw. “We are launching another agricultural fund with international money and hope to get further funds from institutions in Africa and South Africa.”

Groote Schuur Community Improvement District moves closer

Cape Town Mayor and W Cape MEC hand over the keys to new housing

The Cape Town Community Housing Company's Morgen's Village 3 was recently visited by Cape Town Mayor, Dan Plato and the MEC for Human Settlements Bonginkosi Madikizela. Here they are pictured handing over the keys to a new house to the new occupants.

CTCHC http://www.ctchc.co.za is a social housing organisation that has housed 10 000 people in Cape Town in recent years. Launching in July 2010 will be West Cape, a new GAP housing development aimed at families with joint income around R15 000 per month.

From left to right: Bonginkosi Madikizela, MEC for Human Settlements, Anastacia Nefdt and her husband, Byron Nefdt with Mayor Dan Plato in front of the Nefdt's new house in Morgens Village 3, developed by Cape Town Community Housing Company in Mitchell's Plain.

Posted by HWB Communications, Cape Town's premier PR agency specialising in crisis communications & media relations in South Africa. CTCHC is a client of HWB.

HWB welcomes Mediation & Transformation Practice - SA as new client

HWB is happy welcome the Mediation & Transformation Practice (MTP), is an African-based organisational transformation unit as a new client. The organisation embraces the values of democracy, constructive conflict resolution and development of people and society.

Managing Director, Craig Arense says "We are committed to professional conduct, service delivery, speedy and reliable establishment of peace options and the values of democracy." Craig's resume includes work as an experienced peace negotiator and conflict solutions developer. He has facilitated workshops and training programs in Indonesia, Beirut, Sierra Leone, USA, Belgium, Jamaica and Sweden.

Albie Sachs talks to Futuregrowth clients

Former South African constitutional justice Albie Sach spoke on 12 May to selected guests, clients and media at an event hosted by Futuregrowth Asset Managers, a client of HWB. Justice Sachs spoke about his life in exile, the creation of the South African constitution and about his new book, The Strange Alchemy of Life and Law.

His book can be ordered online here http://www.amazon.com/Strange-Alchemy-Life-Law/dp/0199571791 and read about Justice sachs here http://www.constitutionalcourt.org.za/site/judges/justicealbiesachs/index1.html

Dates and venues for public meetings about Athlone Power Station site

Affected communities and the people of Cape Town have a chance to have their say about what the site will be used for once the towers come down. Come to these meetings and make your contribution. If you are a special interest group, two days have been set aside for your submissions as well. The blog will continue to communicate more information this week. Also see the facebook page.

Venues for public meetings:

10 May Pinelands Community Centre, St Stephen’s Road, Pinelands 7pm to 9pm

11 May General Public Meeting Mowbray Town Hall 7pm to 9pm

12 May Athlone Community Athlone Community Centre 7pm to 9pm

13 May Langa Community Langa Civic Hall 7pm to 9pm

25 May Special interest groups Room G1 5th Floor, Podium, Civic Centre

27 May Special interest groups Room B 5th Floor. Podium, Civic Centre