Investment In Brief:
- A group of aspiring Cape Town filmmakers who have struggled to get a start in the film business are finally getting a boost. Nine short films highlighting issues faced by South Africans daily have been produced by the group of 20 talented hopefuls from various townships after they were chosen to be part of a workshop run by the Runway Film Resource Centre formed in partnership with the government and the film industry in 2008. They hope to send the best of the short films to the Cannes Film Festival.
- There has been speculation regarding the future of the major Johannesburg-based post-production facility house, the Refinery, since Music For Pleasure (Pty) Ltd (MFP) went into liquidation in July.
Acting managing director of the Refinery, Charl van der Merwe, sets the records straight. "It is correct that MFP has been liquidated at the insistence of its creditors. MFP forms part of the MFP Holdings Group and as such is a fellow subsidiary in respect of the group. The liquidation of MFP has not (and will not) affect the Refinery's ability to trade or continue to offer services of high quality to its customers. The Refinery will continue to honour its commitment to customers, including the timeous delivery of services and the protection of intellectual property."