The message should be to encourage foreign investment and they (investors) will obviously not be encouraged by these moves.

Concerns, however, remain on the level of the national debt, inflation and lack of investment.

They (IMF) will be very concerned with the upsurge of inflation. The other problem will be that the government still maintains 18 products under price controls.

There is no doubt the government will have to borrow to finance the salaries and this is destructive economically.

Greater expectations of foreign currency generation from the manufacturing and the mining sectors will help narrow the gap but not close it.

Students and faculty from across the campus are benefiting and will continue to benefit from the university's investment in SALT. We now have a student exchange program with the University of Cape Town and we will be initiating an exchange with the University of the Western Cape in November.