Institutional Sector Classification Guide for South Africa · Institutional Sector Classification Guide for South Africa February 2005 Technical enquiries regarding this guide can

Institutional SectorClassification Guide

for South Africa

February 2005

Technical enquiries regarding this guide can be directed to the compilers:

Mr M A KockTel. 27-12-313 3689

Dr H SmithTel. 27-12-313 3647

or the website of the Bank at www.reservebank.co.za/contactand select query type sector classification guide

South African Reserve Bank

Institutional Sector Classification Guide February 2005

© South African Reserve Bank

All rights reserved. However, this publication may be reproduced, stored in a retrieval system, or transmitted in anyform or by any means, electronic, mechanical, photocopying, recording or otherwise, provided that the source(South African Reserve Bank: Institutional Sector Classification Guide, February 2005) is acknowledged. Thecontents of this publication are intended as general information only and the lists of institutions are not intended tobe comprehensive. The classification of institutions in specific institutional sectors is based on economic criteria andmay differ from other classification systems. The inclusion of an institution in this guide does not necessarily implythat the institution is financially sound. While every precaution is taken to ensure the accuracy of information, theSouth African Reserve Bank shall not be liable for any inaccuracy contained in this publication. An electronic versionof this publication is available at www.reservebank.co.za/sectorguide

Further suggestions and enquiries relating to the guide should be addressed to:The Head of Research and Senior Deputy Chief EconomistResearch DepartmentSA Reserve BankPO Box 427Pretoria 0001Tel. 27-12-313 3674/3668

or

the website of the Bank at www.reservebank.co.za/contact and select query type sector classification guide

ISBN: 1-9584310-9-5



Contents

I Introduction ................................................................................................ 1

1 Purpose of sector classification ................................................................ 1

2 Institutional units and sectors .................................................................. 1

II Institutional sector classification .............................................................. 4

1 Financial corporate sector ........................................................................ 41.1 Monetary authority (public sector) ................................................................ 41.2 Banks .......................................................................................................... 4

1.2.1 South African registered banks ...................................................... 41.2.2 South African registered mutual banks............................................ 51.2.3 South African branches of foreign banks ........................................ 51.2.4 Postbank (public sector).................................................................. 51.2.5 Land Bank (public sector) .............................................................. 5

1.3 Insurers and pension funds .......................................................................... 51.3.1 Insurers .......................................................................................... 5

1.3.1.1 Private-sector insurers .................................................... 6- Short-term insurers .................................................. 6- Long-term insurers .................................................. 7

1.3.1.2 Public-sector insurers .................................................... 8- Short-term insurers .................................................. 8- Long-term insurers .................................................. 8

1.3.2 Medical schemes ............................................................................ 81.3.3 Pension and provident funds .......................................................... 10

1.3.3.1 Private-sector pension and provident funds .................... 101.3.3.2 Public-sector pension and provident funds .................... 12

1.4 Other financial intermediaries ........................................................................ 121.4.1 Collective investment schemes ...................................................... 12

1.4.1.1 Securities ........................................................................ 12- Unit trusts (open-end trusts) .................................... 12

• Money-market unit trusts .................................. 12• Non-money market unit trusts .......................... 13

1.4.1.2 Property .......................................................................... 18- Property unit trusts .................................................. 18

1.4.1.3 Participation bonds ........................................................ 181.4.2 Finance companies ........................................................................ 181.4.3 Public-sector financial intermediaries .............................................. 19

1.4.3.1 National government financial intermediaries .................. 191.4.3.2 Provincial government financial intermediaries ................ 19

1.4.4 Financial controlling companies ...................................................... 201.4.4.1 Bank controlling companies ............................................ 201.4.4.2 Other financial controlling companies.............................. 20

1.5 Financial auxiliaries ...................................................................................... 201.5.1 Private-sector financial auxiliaries .................................................... 20

1.5.1.1 Members of the formal exchanges.................................. 201.5.1.2 Trust companies ............................................................ 211.5.1.3 Insurance brokers, agents and actuaries ........................ 211.5.1.4 South African representative offices of foreign banks ...... 211.5.1.5 Other private-sector financial auxiliaries .......................... 22

- Managers of securities unit trusts ............................ 22- Managers of property unit trusts .............................. 22- Other private-sector financial auxiliaries.................... 22



1.5.2 Public-sector financial auxiliaries .................................................... 221.5.2.1 Public Investment Commissioners (PIC) .......................... 221.5.2.2 Other public-sector financial auxiliaries............................ 22

2 Non-financial corporate sector.................................................................. 232.1 Private non-financial corporate sector .......................................................... 23

2.1.1 Nominee companies ...................................................................... 23- Nominee companies registered with the Financial

Services Board........................................................ 232.1.2 Non-profit institutions serving the non-financial corporate sector .... 242.1.3 Co-operatives ................................................................................ 242.1.4 Close corporations.......................................................................... 242.1.5 Other private-sector companies ...................................................... 24

2.2 Public non-financial corporate sector............................................................ 252.2.1 National government enterprises .................................................... 25

- Major public non-financial entities............................ 25- Water boards .......................................................... 25- Other national government business enterprises .... 25

2.2.2 Provincial government enterprises .................................................. 262.2.3 Local government enterprises ........................................................ 26

3 General government sector ...................................................................... 263.1 Central government ...................................................................................... 26

3.1.1 National government departments .................................................. 26- Central government administration.......................... 26- Financial and administrative services ...................... 27- Social services ........................................................ 27- Justice and protection services .............................. 27- Economic services and infrastructure development 27

3.1.2 Extra-budgetary institutions ............................................................ 27- Constitutional institutions ........................................ 27- Other national government entities .......................... 28

3.1.3 Universities, universities of technology and technikons.................... 293.1.4 Social security funds ...................................................................... 30

3.2 Provincial governments .............................................................................. 303.2.1 Provincial legislators ........................................................................ 303.2.2 Other provincial government units .................................................. 30

Eastern Cape .......................................................... 30Free State .............................................................. 30Gauteng .................................................................. 30KwaZulu-Natal ........................................................ 31Limpopo.................................................................. 31Mpumalanga .......................................................... 31Northern Cape ........................................................ 31North West.............................................................. 31Western Cape ........................................................ 31

3.3 Local governments ...................................................................................... 323.3.1 Metropolitan councils ...................................................................... 323.3.2 District councils and municipalities .................................................. 323.3.3 Other local government units .......................................................... 36

4 Household sector ...................................................................................... 374.1 Households .................................................................................................. 374.2 Unincorporated business enterprises of households .................................... 374.3 Non-profit institutions serving households .................................................... 374.4 Private trusts ................................................................................................ 374.5 Friendly societies .......................................................................................... 37

5 Foreign sector – rest of the world ............................................................ 405.1 Foreign financial corporate sector ................................................................ 40

5.1.1 Financial companies listed on the JSE and classified as non-resident 405.1.2 Foreign banks ................................................................................ 405.1.3 Other foreign financial corporations ................................................ 41

- Approved foreign collective investment schemes .... 415.2 Foreign non-financial corporate sector ........................................................ 42

5.2.1 Non-financial companies listed on the JSE and classified as non-resident.................................................................................... 42

5.2.2 Other foreign non-financial corporations.......................................... 425.3 Foreign governments.................................................................................... 425.4 International organisations ............................................................................ 425.5 Other non-residents...................................................................................... 42

List of appendices

Appendix A Public sector ................................................................................ 44Public financial corporate sector .................................................... 44Public non-financial corporate sector ............................................ 44General government sector ............................................................ 44

Appendix B Standard Industrial Classification of all Economic Activities .... 45

List of tables

Table 1 Institutional units and sectors ......................................................... 3Table 2 Standard Industrial Classification of all Economic Activities (SIC).... 46Table 3 Subdivisions of sector zero in the Standard Industrial

Classification .................................................................................. 48Table 4 Conversion list for Bond Exchange of South Africa (BESA) codes .... 49



I Introduction*

1 Purpose of sector classification

This guide describes the institutional sector classification to be applied by organisationsparticipating in South African Reserve Bank surveys, which are used in the compilationand publication of macroeconomic statistics. In terms of regulation 59(4) as published inthe Government Gazette No 21726 of 8 November 2000, banks shall provide aninstitutional breakdown of liabilities and assets (Form DI 900) in accordance with theinformation contained in this guide. Members of the formal exchanges also classify theirclients participating in trades in accordance with the framework set by the guide; seeTable 4. The guide provides information on the institutional sector classification oftransactors engaging in economic activities such as production, consumption, savingand investment, paying particular attention to the classification of issuers and holders ofsecurities, recipients and suppliers of credit, and buyers and sellers of financial assets.

The Institutional Sector Classification Guide for South Africa divides institutional sectorsaccording to the 1993 System of National Accounts (SNA). The SNA is an internationallyaccepted guide providing an analytical framework for the systematic recording of economictransactions. The core element of this publication is the Institutional Sector Classificationwhich is presented in Section II.

The Research Department of the South African Reserve Bank collects financial data inrespect of the major institutional sectors on a regular basis from financial institutions, suchas banks, insurers and pension funds, as well as from other organisations in the publicand the private sector. This information is used to compile macroeconomic accounts forthe analysis of, inter alia, the flow of funds between sectors, establishing which sectorsrequire which types of financing and which sectors provide in these needs.

To enable the reader to get an overview of the public sector at a glance, all the public-sectorinstitutions contained in the Institutional Sector Classification Guide have been repeated inAppendix A. The lists of institutions related to the public sector in Appendix A serve as thereference list of “RSA public-sector bodies” for the purposes of the regulations related tocounterparty capital adequacy risk weighting in terms of the Mutual Banks Act, 1993 (Act No 124 of 1993) and the Banks Act, 1990 (Act No 94 of 1990), respectively. The originalsource of the lists of the public-sector institutional units is the Constitution of the Republic ofSouth Africa Act, 1996 (Act No 108 of 1996) and the Public Finance Management Act, 1999(Act No 1 of 1999 as amended by Act No 29 of 1999), also published on www.treasury.gov.za.

The economic activities in which institutional sectors or units engage can be furtherclassified according to the Standard Industrial Classification of all Economic Activities(SIC), which is presented in Appendix B, Table 2 and Table 3 of this publication.

2 Institutional units and sectors

The total economy consists of institutional sectors, which are an aggregation of institutionalunits. An institutional unit is an economic entity that in its own right can own assets, incurliabilities and engage in economic activity and transactions with other entities. Institutional unitsare either legal or social entities, or households, and can be divided between resident and non-resident units. An institutional unit is a resident of the Republic of South Africa when it has acenter of economic interest in South Africa, i.e. when it has premises within the economicterritory of South Africa from where it engages or intends to engage indefinitely or over a finitebut long period of time (normally more than one year) in significant economic activity.


1Institutional Sector Classification Guide February 2005

* The compilers, M A Kockand H Smith, are grateful forthe valuable contributionsmade by colleagues in theResearch Department of theSouth African Reserve Bank.

2

All resident institutional units are grouped into four main mutually exclusive institutionalsectors on the basis of similarity of principal economic objectives, functions andbehaviour. These institutional sectors are:- the financial corporate sector;- the non-financial corporate sector;- the general government sector (including social security funds); and- the household sector (including non-profit institutions serving households).

Corporations in the financial and non-financial sectors are resident institutional units whoseprincipal activity is the market production of goods and services at economically significantprices with the intent to generate a profit or financial gain for the shareholders.Shareholders collectively own these institutional units and have the authority to appointdirectors responsible for their general management. Quasi-corporations areunincorporated enterprises each with their own separate set of financial accounts, and aretreated as corporations, classified as institutional units separate from the units to whichthey legally belong. Therefore, quasi-corporations owned by households or governmentunits are grouped with corporations in the financial or non-financial corporate sectors.

Institutional units in the general government sector are unique legal entities establishedby the political process with legislative, judicial or executive authority over other unitswithin a given area. The general government sector consists of the institutional units ofcentral, provincial and local government inclusive of:- social security funds at all levels of government; andnon-market, non-profit institutions that are controlled and mainly financed by

government units.

However, general government excludes public corporations, even when government unitsown all the equity of such corporations, and also excludes quasi-corporations owned andcontrolled by government units. Unincorporated enterprises owned by government units thatare not quasi-corporations (and therefore do not have separate accounts) remain an integralpart of those government units and are therefore included in the general government sector.

A household is an individual or small group of individuals sharing the same livingaccommodation, and pooling some or all of their income and wealth while consuminggoods and services such as housing and food collectively. Defined as an institutionalsector, the household sector includes unincorporated business enterprises without ownseparate sets of financial accounts owned by households, whether market producers orproducing for own final use. Only those household unincorporated market enterprisesthat constitute quasi-corporations are treated as separate institutional units.

To complete the set of macroeconomic accounts, economic activity and transactionsbetween resident and non-resident units need to be recorded. From an accountingperspective it is convenient to describe the rest of the world as an institutional sector.Non-resident institutional units transacting with resident institutional units are groupedinto the foreign sector or the rest of the world.

All resident institutional units are also grouped into the private sector and the publicsector. The private sector consists of all resident institutional units not controlled orowned by institutional units in the general government sector. The public sector consistsof all institutional units in the general government sector, and corporate sectorinstitutional units in the financial and non-financial sectors owned or controlled by unitsin the general government sector. The public sector consists of:- the public financial corporate sector;- the public non-financial corporate sector; and- the general government sector.





Tab

le 1

Inst

itutio

nal u

nits

and

sec

tors

Tota

l eco

nom

y

Fina

ncia

l cor

pora

te s

ecto

r

Non

-fin

anci

al c

orpo

rate

sec

tor

Gen

eral

gov

ernm

ent

sect

or

Hou

seho

ld s

ecto

r

Fore

ign

sect

or –

res

t of

the

wor

ld

Mon

etar

y au

thor

ity

Ban

ks

Insu

rers

and

pen

sion

fund

s

Oth

er fi

nanc

ial i

nter

med

iarie

s

Fina

ncia

l aux

iliarie

s

Priv

ate

non-

finan

cial

cor

pora

te s

ecto

r

Pub

lic n

on-f

inan

cial

cor

pora

te s

ecto

r

Cen

tral

gov

ernm

ent

Pro

vinc

ial g

over

nmen

ts

Loca

l gov

ernm

ents

Hou

seho

lds

Uni

ncor

pora

ted

busi

ness

ent

erpr

ises

of h

ouse

hold

sN

on-p

rofit

inst

itutio

ns s

ervi

ng h

ouse

hold

sP

rivat

e tr

usts

Frie

ndly

soc

ietie

s

Fore

ign

finan

cial

cor

pora

te s

ecto

r

Fore

ign

non-

finan

cial

cor

pora

te s

ecto

r

Fore

ign

gove

rnm

ents

Inte

r nat

iona

l org

anis

atio

ns

Oth

er n

on-r

esid

ents

Sou

th A

frica

n R

eser

ve B

ank

Cor

pora

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for

Pub

lic D

epos

its

Ban

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utua

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outh

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can

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of f

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Pos

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Insu

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Med

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sch

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and

pro

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nt fu

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Col

lect

ive

inve

stm

ent

sche

mes

Fina

nce

com

pani

esP

ublic

-sec

tor

finan

cial

inte

rmed

iarie

sFi

nanc

ial c

ontr

ollin

g co

mpa

nies

Mem

bers

of f

orm

al e

xcha

nges

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t co

mpa

nies

Insu

ranc

e br

oker

s, a

gent

s an

d ac

tuar

ies

Sou

th A

frica

n re

pres

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ban

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ther

priv

ate-

sect

or fi

nanc

ial a

uxilia

ries

Pub

lic-s

ecto

r fin

anci

al a

uxilia

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Inco

rpor

ated

bus

ines

s en

terp

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Qua

si-c

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ratio

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f hou

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lic c

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ratio

nsQ

uasi

-cor

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tions

of t

he g

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t se

ctor

Nat

iona

l gov

ernm

ent

depa

rtm

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Ext

ra-b

udge

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inst

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nsU

nive

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nive

rsiti

es o

f tec

hnol

ogy

and

tech

niko

ns

Soc

ial s

ecur

ity fu

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vinc

ial l

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pro

vinc

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over

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t un

its

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ropo

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cou

ncils

Dis

tric

t co

unci

ls a

nd m

unic

ipal

ities

Oth

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cal g

over

nmen

t un

its

Fina

ncia

l com

pani

es li

sted

on

JSE

Sec

uriti

es E

xcha

nge

SA

Fore

ign

bank

sO

ther

fore

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finan

cial

cor

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tions

Non

-fin

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al c

ompa

nies

list

ed o

n JS

E S

ecur

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hang

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AO

ther

fore

ign

non-

finan

cial

cor

pora

tions

4

II Institutional sector classification

1 Financial corporate sector

The financial corporate sector includes all privately and publicly owned residentinstitutional units whose principal activity is financial intermediation or auxiliary financialactivities related to financial intermediation. It includes non-profit institutions engaged inmarket production of a financial nature. Financial intermediation is the incurrence of ownaccount liabilities to acquire financial assets through engaging in financial transactions,channelling funds from lenders to borrowers. The financial sector consists of thefollowing institutional units:

1.1 Monetary authority (public sector)

The monetary authority consists of the South African Reserve Bank, the central bank ofSouth Africa, governed in terms of the South African Reserve Bank Act, 1989 (Act No 90 of 1989), and its subsidiary, the Corporation for Public Deposits, governed in termsof the Corporation for Public Deposits Act, 1984 (Act No 46 of 1984). The central bank,among other things, issues banknotes and coin, conducts monetary policy, providescredit to banks, manages South Africa’s foreign exchange reserves, supervises andregulates the banking sector, and acts as lender of last resort to the banking system. TheCorporation for Public Deposits accepts call deposits from the public sector and investsthe funds in short-term money-market instruments and Treasury bills.

www.reservebank.co.za

South African Reserve Bank Corporation for Public Deposits

1.2 Banks 1

A bank is a public company registered as a bank in terms of the Banks Act, 1990 (ActNo 94 of 1990). The business of a bank is the solicitation and advertising for and theacceptance of deposits from the general public on a regular basis and the utilisation ofdeposits accepted. For the full definition of the “business of a bank” see the Banks Act.


1.2.1 South African registered banks(July 2004)



1 It should be noted thatthe list contains the latestinformation as published inthe Bank SupervisionDepartment Annual Report2003 with information as at31 December 2003 andupdated according to theSouth African Reserve Banklist of institutions submittingForm DI 900 as in July 2004.It may therefore excludecertain newly registeredbanks and banks in theprocess of name changes.

Absa Bank LtdAfrican Bank Ltd Albaraka Bank LtdCapitec Bank LtdFirstRand Bank LtdHabib Overseas Bank LtdHBZ Bank LtdImperial Bank LtdInvestec Bank LtdIslamic Bank Ltd (in final liquidation)Marriott Merchant Bank LtdMEEG Bank Ltd

Mercantile Bank LtdMLS Bank Ltd (in deregistration process)Nedbank LtdPeoples Bank LtdRegal Treasury Private Bank Ltd (undercuratorship)Rennies Bank LtdSaambou Bank Ltd (in receivership)Sasfin Bank LtdSouth African Bank of Athens Ltd, The Standard Bank of SA Ltd, TheTEBA Bank Ltd

1.2.2 South African registered mutual banks(July 2004)

A mutual bank is a juristic person that is registered as a mutual bank in terms of theMutual Banks Act, 1993 (Act No 124 of 1993).

GBS Mutual BankVBS Mutual Bank

1.2.3 South African branches of foreign banks (31 December 2003)

1.2.4 Postbank (public sector)

The Postbank is a savings institution operating as a subsidiary of the South African Post Office.

www.sapo.co.za

Postbank

1.2.5 Land Bank (public sector)(Schedule 2)

The Land and Agricultural Development Bank of South Africa is a key agriculturalfinancier in South Africa.

www.landbank.co.za

Land and Agricultural Development Bank of South Africa

1.3 Insurers and pension funds

The insurer and pension fund institutional sector comprises insurance companies whoseprincipal function is to provide long-term, short-term and medical insurance, and pensionfunds organised as separate entities to provide retirement benefits.

1.3.1 Insurers

Long and short-term insurers are established in terms of the Long-term Insurance Act,1998 (Act No 52 of 1998) and the Short-term Insurance Act, 1998 (Act No 53 of 1998).



ABN AMRO Bank N.V.Bank of BarodaBank of China, Johannesburg BranchBank of Taiwan, SA BranchBarclays Bank plc, SA BranchCalyon Corporate and Investment BankSAChina Construction Bank, JohannesburgBranchCitibank N.A.

Commerzbank AktiengesellschaftDeutsche Bank AGHSBC Bank plc, Johannesburg BranchJP Morgan Chase Bank, JohannesburgBranchSociété Générale, Johannesburg BranchStandard Chartered Bank, JohannesburgBranchState Bank of India

6

1.3.1.1 Private-sector insurers(October 2004)

www.fsb.co.za

- Short-term insurers



ACE Insurance LtdAECI Captive Insurance Co LtdAegis Insurance Co LtdAfrican General Insurance Co LtdAfrican Reinsurance Corporation (SA) LtdAGRe Insurance Co LtdAGRI Risiko Spesialiste BpkAIG South Africa LtdAIM Insurance LtdAlexander Forbes Insurance Co LtdAllianz Insurance LtdAttorneys Insurance Indemnity FundAuto and General Insurance Co LtdAviation Insurance Co Ltd

Bensure Insurance Underwriters Ltd

Central Reinsurance Corporation LtdCGU Insurance LtdCompass Insurance Co LtdConstantia Insurance Co LtdCredit Guarantee Insurance Corporation ofAfrica LtdCustomer Protection Insurance Co Ltd

Densecure (Edms) BpkDial Direct Insurance Ltd

Emerald Insurance Co LtdEnpet Africa Insurance LtdEscap Ltd

Federated Employers’ Mutual AssuranceCo LtdFerrosure South Africa Insurance Co LtdFidelity Insurance LtdFirstRand Insurance Services Co LtdFNB Credit Guarantee Ltd

General Accident Insurance Co (SA) LtdGeneral Reinsurance Africa LtdGerling General Insurance of South AfricaLtdGlobal Insurance Co LtdGuardian National Insurance Co LtdGuardrisk Insurance Co Ltd

Hannover Reinsurance Africa LtdHollard Insurance Co Ltd, TheHome Loan Guarantee Co

Indequity Specialised Insurance LtdIntermediaries Guarantee Facility LtdInvestec Specialised Insurance Ltd

Kagiso Risk Solutions LtdKhula Credit Guarantee LtdKingfisher Insurance Co Ltd

Lion of Africa Insurance Co LtdLloyd’s SA (Pty) LtdLombard Insurance Co Ltd

McSure LtdMonarch Insurance Co LtdMUA Insurance Co LtdMunich Reinsurance Company of AfricaLtdMutual and Federal Insurance Co LtdMutual and Federal Risk Financing Ltd

Nasionale Versekeraars BpkNedcor (SA) Insurance Co LtdNedcor Insurance Co LtdNedinsurance Co LtdNew National Assurance Co LtdNova Risk Partners Ltd

Old Mutual Health Insurance LtdOutsurance Insurance Co Ltd

Pick ’n Pay Insurance Co LtdPinnafrica Insurance Ltd

Rand Mutual Assurance Co LtdRegent Insurance Co LtdRelyant Insurance Co LtdRenasa Insurance Co LtdRMB Structured Insurance Ltd

SA Eagle Risk Financing LtdSabsure LtdSafire Insurance Co LtdSage Specialised Insurances LtdSanlam Health Risk Management LtdSantam BpkSantam Risk Finance LtdSasguard Insurance Co LtdSaxum Reinsurance LtdSentrasure BpkShoprite Insurance Co LtdSouth African Eagle Insurance Co LtdSouth African Reserve Bank CaptiveInsurance Co Ltd, TheSouth Union Reinsurance Co LtdSouthern Insurance Association LtdSt Paul Insurance Co SA LtdStanbic Insurance LtdSwiss Re Africa Ltd

Truck and General Insurance Co Ltd

Unitrans Insurance Ltd

Westchester Insurance Co (Pty) Ltd

XL Insurance Co Ltd



Absa Life LtdAfrican Life Assurance Co LtdAfrican Reinsurance Corporation (SA) LtdAIG Life South Africa LtdAlexander Forbes Life LtdAlgoa Insurance Co LtdAllan Gray Life LtdAnglo Dutch Life LtdAssupol Life

Barinor Insurance LtdBoE Life Assurance Co LtdBoE Life LtdBonben Assurance Ltd

Capital Alliance Life LtdChannel Life LtdCharter Life Insurance Co LtdCitadel Life LtdClientele Life Assurance Co LtdConstantia Life and Health Assurance Co LtdCoronation Life Assurance Co LtdCorpcapital Life Insurance Ltd

Discovery Life Ltd

EJ Grobbelaar Versekeringsmaatskappy(Edms) Bpk

General Reinsurance Africa LtdGoodall and Bourne Assurance (Pty) LtdGoodall and Company Funeral AssuranceSociety (Pty) LtdGuardrisk Life Ltd

Hannover Life Reassurance Africa LtdHarvest Life Assurance Co LtdHollard Life Assurance Co LtdHTG Life Ltd

Investec Assurance LtdInvestec Employee Benefits LtdInvestment Solutions Ltd

KGA Lewens Bpk

Liberty Group LtdLion of Africa Life SA (Pty) Ltd

m Cubed Investment Life Ltdm Cubed Capital Life Ltd

McLife Assurance Co LtdMedscheme Life Assurance Company Ltd Metropolitan Life International LtdMetropolitan Life LtdMetropolitan Odyssey LtdMomentum Ability LtdMomentum Group LtdMunich Reinsurance Company of Africa Ltd

Nestlife Assurance Corporation LtdNetcare Life LtdNew Era Life Insurance Co LtdNIB Life Assurance Co LtdNova Life Partners Ltd

Old Mutual Alternative Risk Transfer LtdOld Mutual Life Assurance Co SA LtdOnderlinge Versekeringsgenootskap(AVBOB)

Pinnafrica Life LtdProfessional Provident Society InsuranceCo LtdProsperity Insurance Co Ltd

Regent Life Assurance Co LtdRelyant Life Assurance Co LtdRentmeester Versekeraars BpkRGA Reinsurance Co of SA LtdRMA Life Assurance Co LtdRMB Structured Life Ltd

SA Eagle Life LtdSaambou Lewensversekeraars BpkSafrican Insurance Co LtdSage Life LtdSanlam Customised Insurance LtdSanlam Life Insurance LtdSaxum Reinsurance LtdSentry Assurance of SA LtdStandard General Insurance Co Ltd, TheSTANLIB Multi-Manager LtdSuperflex LtdSwiss Re Africa Ltd

Ten-50-Six Life Ltd

Universal Assurance Co Ltd

- Long-term insurers

8 Institutional Sector Classification Guide February 2005


1.3.1.2 Public-sector insurers(Schedule 3B); (June 2004)

The public entities listed below are based on the Schedules of the Public FinanceManagement Act, 1999 (Act No 1 of 1999 as amended by Act No 29 of 1999).

www.treasury.gov.za

- Short-term insurers

Export Credit Insurance Corporation of SA LtdSasria Ltd

- Long-term insurers

SA Mortgage Insurance Co Ltd

This classification includes any subsidiary or entity under the ownership or control of theabove public entities and primarily involved in insurance.

1.3.2 Medical schemes (October 2004)

Medical schemes are established in terms of the Medical Schemes Act, 1998 (Act No 131 of 1998). In the list below the * indicates medical aid funds and sick-pay fundsprovided for in Industrial Council Agreements.

www.medicalschemes.com

ABI Medical SchemeAECI Medical Aid SocietyAfrox Medical Aid SocietyAlliance Midmed Medical SchemeAltron Medical Aid SchemeAnglo American Corporation MedicalScheme Anglovaal Group Medical SchemeAranda Medical Scheme

BankmedBarloworld Medical SchemeBestmed Medical SchemeBiz Health Medical SchemeBMW Employees Medical Aid SocietyBonitas Medical Aid FundBPSA Medical Scheme

*Building Industry Medical Aid FundContribution (Bloemfontein)

*Building Industry Medical Aid Fund(Korsten)

*Building Industry Medical Benefit Fund(Kroonstad)

*Building Industry Medical Fund (EastLondon)

*Building Industry Sick Benefit Fund (EastLondon)

*Building Industry Sick Fund (Belville)*Building Industry Sick Fund Contribution(Bloemfontein)Building and Construction Industry MedicalAid FundBuilt Environment Professional Associations Medical Scheme (Bepmed)

*Canvas Goods Industry Sick Fund(Johannesburg)Cape Medical PlanCawmed Medical SchemeChartered Accountants (SA) Medical Aid Fund (CAMAF)CIMAS Wellness Medical SchemeClicks Group Medical Scheme

*Clothing Industry Medical Fund(Woodstock)Community Medical Aid Scheme (COMMED)Compcare Medical SchemeCSIR Medical Scheme

DCMed Medical Aid FundDe Beers Benefit SocietyDiscovery Health Medical Scheme

Eclipse Medical SchemeEdcon Medical Aid Scheme

*Electrical Industry Sick Fund (Johannesburg)Ellerines Holdings Medical Aid SocietyEngen Medical Benefit Fund Eyethumed Medical Scheme

Family Health Medical SchemeFedhealthFishing Industry Medical Scheme (Fishmed)Food Workers Medical Benefit FundFoschini Group Medical Aid Scheme

*Furniture Manufacturing Industry SickBenefit Fund (Bloemfontein)Free State Medical Aid Scheme



G5MedGen-Health Medical SchemeGenesis Medical SchemeGlobal HealthGolden Arrows Employees Medical BenefitFundGood Hope Medical Aid SocietyGrintek Electronics Medical Aid Scheme

*Hairdressing and Cosmetology MedicalFund (Arcadia)

*Hairdressing Trade Medical Aid Schemeand Medical Insurance Plan (Cape Town)

*Hairdressing Trade Sick Benefit Fund(Cape Town)

*Hairdressing Trade Sick Pay Fund (CapeTown)Holcim SA Medical SchemeHosmed Medical Aid Scheme

IBM SA Medical Aid SocietyImpala Medical PlanImperial Group Medical Scheme Ingwe Health Plan

Johannesburg Chamber of Commerce andIndustry Medical Aid Society

Klerksdorp Medical Benefit Society (KDM)Kwa-Zulu-Natal Medical Aid Scheme

Lamaf Medical Scheme*Laundry, Dry Cleaning and Dyeing TradeSick Benefit Fund (Johannesburg)

*Laundry, Cleaning and Dyeing IndustrySick Benefit Fund (Dalbridge)

*Leather Industry Sick Benefit FundLibcare Medical SchemeLiberty Medical SchemeLifemed Medical Scheme

Malcor Medical SchemeMascomMassmart Health Plan

*Meat Trade Sick Fund (Randburg)MedcorMedical Expenses Distribution Society(MEDS)Medicover MedihelpMedimed Medical SchemeMedipos Medical SchemeMedisense Medical SchemeMedshield Medical SchemeMeridian Health

*Metal and Engineering Industries Sick PayFund (Johannesburg)MetrocareMetropolitan Medical SchemeMinemed Medical SchemeMoremed Medical Scheme

*Motor Industry Medical Aid Fund(Randburg)MunimedMutual and Federal Medical Aid Fund

Nampak Group Medical AidNaspers Medical FundNational Independent Medical Aid Society(NIMAS)

National Medical Plan (NMP)NBC Medical SchemeNedcor Medical Aid SchemeNetcare Medical Scheme

Old Mutual Staff Medical Aid SchemeOmnihealthOpenplan Medical SchemeOxygen Medical Scheme

Parmed Medical Aid SchemePathfinder Medical SchemePG Bison Medical Aid SocietyPG Group Medical SchemePharos Medical PlanPick 'n Pay Medical SchemePlatinum HealthProfmedPro Sano Medical SchemeProtea Medical Aid SocietyProtector Health Medical SchemePulz Medical Scheme

Quantum Medical Aid Society

Rand Water Medical SchemeRemedi Medical Aid SchemeResolution Health Medical SchemeRetail Medical Scheme

*Road Freight Industry Sick Fund (Braamfontein)

SA Breweries Medical Aid SocietySABC Medical Aid SchemeSamancor Health PlanSamwumedSAPPI Medical Aid SchemeSasolmedSedmedSelfmed Medical SchemeSiemens Medical SchemeSizwe Medical FundSouth African Police Service Medical Scheme (Polmed)Southern Sun Medical Aid SchemeSpectramedStocksmedSuremed Health

TelemedTextile Industry Sick Fund (Dalbridge)ThebemedTiger Brands Medical Scheme Topmed Medical SchemeTransmed Medical Fund

UmedUmvuzo Health Medical SchemeUniversity of Natal Medical SchemeUniversity of the Witwatersrand Staff Medical Aid Scheme

Venda Police and Prisons Medical Scheme(POLPRISMED)

Witbank Coalfields Medical Aid SchemeWooltru Healthcare Fund

X-Strata Medical Aid SchemeXpress Care Medical Scheme



1.3.3 Pension and provident funds

Pension and provident funds are established in terms of the Pension Funds Act, 1956(Act No 24 of 1956 as amended). The list of pension and provident funds is only partialand the * indicates pension and provident funds provided for in Industrial CouncilAgreements. An autonomous pension fund is a separate institutional unit with ownassets and liabilities engaging in transactions for own account.

1.3.3.1 Private-sector pension and provident funds

This is a partial list of major private-sector pension funds. These pension funds areautonomous from the private-sector institutional units which created them.

www.fsb.co.za

Absa Groep BystandsfondsAbsa Group Pension FundAECI Pension FundAfrican Oxygen Ltd Pension FundAfrox Healthcare Pension FundAlpha Pension FundAltron Group Pension FundAmplats Group Provident FundAmplats Officials Pension FundAnglo American Corporation Pension FundAnglo American Group Pension FundAnglogold Ashanti Pension FundAnglogold Medical Benefit Provident FundAnglogold Pension FundAnglo-Union Retirement Annuity FundArgus Provident FundAutomakers Retirement FundAuto Workers Pension FundAuto Workers Provident Fund

*Bargaining Council for the ContractCleaning Industry (Natal) Provident FundBarloworld SA Retirement Fund(Provident Section)Barlow’s Benefit FundBarlow’s Pension Fund Bidcorp Group Pension FundBidcorp Group Provident FundBoart Longyear Pension FundBP Southern Africa Pension FundBritish American Tobacco Retirement Fund

*Building Industry Pension and ProvidentScheme Contribution (Bloemfontein)

*Building Industry Pension Fund (EastLondon)

*Building Industry Provident Benefits Fund(Kimberley)

*Building Industry Provident Fund (Bellville)*Building Industry Provident or PensionFund (Kroonstad)

*Building Industry Provident/Pension Fund(Korsten)

Cape Joint Pension FundCape Joint Retirement FundCape Municipal Pension Fund

Chemical Industries National ProvidentFundCity of Johannesburg Pension Fund

*Clothing Industry Provident Fund(Woodstock)Contract Cleaning National Provident Fund

De Beers Pension FundDenel PensioenfondsDenel Retirement FundDorbyl Pension FundDunlop Africa Pension FundDurban Pension Fund

Edcon Pension FundEdcon Provident Fund

*Electrical Industry Pension Fund(Johannesburg)Engen Pension FundEngineering Industries Pension FundEskom Pension and Provident Fund

First National Bank Pension FundFoschini Group Retirement FundFoskor Pensioenfonds

*Furniture Manufacturing IndustryProvident Fund (Woodstock)

Galaxy Preservation Pension FundGalaxy Preservation Provident FundGermiston Municipal Retirement FundGold Fields Group Provident FundGroup Five Pension Fund

*Hairdressing and Cosmetology PensionFund (Arcadia)

*Hairdressing and Cosmetology PensionFund (Durban)

*Hairdressing Trade Provident Fund (CapeTown)

Impala Platinum Workers’ Provident FundImperial Group Provident FundIndustry (Natal) Provident FundInvestec Investment Linked PreservationPension PlanInvestec Investment Linked PreservationProvident Fund



Investec Investment Linked RetirementAnnuityInvestment Solutions Pension FundInvestment Solutions PreservationPension FundInvestment Solutions PreservationProvident FundIscor Employees Provident FundIscor Retirement FundIscor Selector PensioenfondsIscor Selector Voorsorgfonds

*Jewellery and Precious Metal ProvidentFund (Cape Town)JIC Retirement FundJohannesburg Municipal Group LifeAssurance and Provident Fund SchemeJohannesburg Municipal Pension FundJoint Municipal Pension Fund

Krugersdorp Munisipale PensioenfondsKrygkor PensioenfondsKrygkor VoorsorgfondsKWV PensioenfondsKZN Municipal Pension Fund

Landbank Aftreefonds*Laundry, Cleaning and Dyeing IndustryProvident Fund (Dalbridge)

*Laundry, Dry Cleaning and Dyeing TradeProvident Fund (Johannesburg)

*Leather Industry Provident FundLiberty Pension Fund

Masakhane Provident Fund*Metal and Engineering Industries Providentand Pension Fund (Johannesburg)Mine Employees Pension FundMines 1970 Pension FundMines 1970 Provident FundMineworkers Provident FundMisa Pension FundMondi Pension FundMotor Industry Pension Fund

*Motor Industry Provident Fund (Randburg)MTD Provident FundMunicipal Employees Pension FundMurray and Roberts Retirement FundMutual and Federal Pension Fund

Nampak Group Pension FundNaspers Retirement FundNatal Building Society Pension FundNatal Building Society Provident FundNatal Joint Municipal Pension Fund(Retirement)Natal Joint Municipal Pension Fund(Superannuation)National Fund for Municipal WorkersNational Technikon Retirement FundNational Tertiary Retirement FundNedcor Defined Contribution Pension FundNedcor Defined Contribution ProvidentFund

Nedcor Pension FundNestlé Pension FundNissan Retirement Fund

Old Mutual Staff Retirement Fund

Personal Portfolio Preservation PensionFundPort Elizabeth Municipal Pension FundPPC Pension FundPPC Provident FundPPWAWU National Provident FundPredikante- en Weduwee-Pensioenfondsvan die NG Kerk in SAPredikante PensioenfondsPrinting Industry Pension Fund for SATUMembersProvsave Provident Fund

Rand Water Superannuation FundReinforced Provident FundRetail Retirement Fund

*Road Freight Industry Pension Fund(Braamfontein)

SABC Pension FundSA Breweries Provident Fund, TheSACCAWU National Provident FundSA Local Authorities Pension FundSA Municipal Workers’ Union NationalProvident Fund Santam-Aftreefonds BSappi Pension FundSA Reserve Bank Pension FundSA Reserve Bank Retirement FundSasol PensioenfondsScaw Metals Pension FundSentinel Mining Industry Retirement FundShell South Africa Pension FundSiemens Superannuation FundSinodale Pensioenfonds van die NG KerkStandard Bank Group Retirement Fund

*Textile Industry Provident Fund (Dalbridge)Tongaat-Hulett Pension FundTongaat-Hulett Sugar Retirement BenefitProvident FundTotal Oil Products Pension FundToyota SA Pension FundTshwane Municipal Pension Fund

Unilever SA Pension FundUniversity of Pretoria Provident FundUniversity of Cape Town Retirement FundUniversity of SA Retirement FundUniversiteit van Stellenbosch Aftreefonds

Vrystaat Munisipale PensioenfondsVW Pension Fund

Wooltru Group Retirement Fund



1.3.3.2 Public-sector pension and provident funds

Public-sector pension and provident funds are autonomous pension funds controlledand managed by institutional units in the public sector. Public-sector pension andprovident funds in this guide refer only to the following official funds administered by theDepartment of Finance, the Post Office, Telkom and Transnet.

www.gepf.co.za

1.4 Other financial intermediaries

Other financial intermediaries raise funds – but not in the form of deposits – and thenacquire financial assets. These institutions are involved in the financing of investment andcapital formation.

1.4.1 Collective investment schemes

Collective investment schemes include schemes that invest in securities, property andparticipation bonds in terms of the Collective Investment Schemes Control Act, 2002(Act No 45 of 2002).

1.4.1.1 Securities

- Unit trusts (open-end trusts) (September 2004)

The business of a unit trust entails the pooling of investors’ funds with a manager forinvestment on their behalf in a spread of assets such as money-market instruments,bonds, shares and units of other unit trusts. The unit trust universe can, for statisticalpurposes, be divided into non-money market unit trusts and money-market unit trusts.The latter predominantly invests in money-market instruments.

www.aci.co.za and www.fsb.co.za

• Money-market unit trusts

Government Employees Pension Fund(GEPF)Post Office Pension Fund

Telkom Retirement FundTransnet Pension Fund

Absa Money Market FundAllan Gray Money Market Fund

Community Growth Money Market FundCoris Capital Money Market FundCoronation Money Market Fund

Galaxy Money Market Fund

Innofin Money Market FundInvestec Money Market Fund

Marriott Institutional ZA Money MarketFundm Cubed Money Market FundMetropolitan Money Market Portfolio

Nedbank Money Market Fund

Oasis Money Market Unit Trust Fund

Old Mutual Institutional Money Market FundOld Mutual Money Market FundOld Mutual UK Money Market FeederFund

Prudential Money Market FundPSG Money Market Fund

RMB Money Market Fund

Sage Money Market FundSanlam Money Market FundStandard Bank Corporate Money MarketFundStandard Bank Institutional Money MarketFundStandard Bank Money Market FundStrategic Investment Service (“SIS”) MoneyMarket FundSymmetry Money Market Fund



• Non-money market unit trusts

Absa Allrounder Fund of FundsAbsa Balanced FundAbsa Bond FundAbsa Cautious FundAbsa Dividend Income FundAbsa Financial and Industrial Index FundAbsa Flexible FundAbsa Foreign Equity FundAbsa General FundAbsa Global Bond FundAbsa Growth Fund of FundsAbsa Income Enhancer FundAbsa Inflation Beater FundAbsa Institutional Fiduciary FlexibleGrowth FundAbsa Institutional Fiduciary FlexibleIncome FundAbsa Institutional Income and GrowthFundAbsa International FundAbsa International Fund of FundsAbsa Rand Protector FundAbsa Select Equity FundAbsa Specialist Growth FundAbsa Worldwide Technology FundAIMS Capital Protector Plus PortfolioAllan Gray Balanced FundAllan Gray Bond FundAllan Gray Equity FundAllan Gray Global Fund of FundsAllan Gray Optimal FundAllan Gray Stable FundAlliance Capital Managed FundAppleton Macro Active Fund of FundsAppleton Managed Flexible FundAppleton Prudential Fund of FundsAppleton Visionary Growth Fund

Blue Horizon High Dividend PortfolioBlue Horizon-Invesco Global AggressiveFund of FundsBlue Horizon-Invesco Global BalancedFund of FundsBlue Horizon-Invesco Global ConservativeFund of FundsBlue Horizon-Invesco Global CurrencyFund of FundsBlue Horizon-Invesco Global LiquidityFund of FundsBlue Horizon Property Income PortfolioBlueBay Visio Actinio PortfolioBoE Balanced Fund of FundsBoE Cash PlusBoE Conservative Fund of FundsBoE Core EquityBoE Defensive Fund of FundsBoE Enhanced Balanced Fund of FundsBoE Enhanced Conservative Fund ofFundsBoE Enhanced Defensive Fund of FundsBoE Enhanced Growth Fund of FundsBoE Enhanced High Growth Fund of FundsBoE Growth Fund of Funds

BoE Property Equity FundBoE Small and Mid Cap Fund

CAM Ascendo Fund of FundsCAM Fortis FundCAM Optima FundCAM Universum FundCMM Cash Management FundCommunity Gilt FundCommunity Growth FundCoris Capital General Equity FundCoris Capital Gilt FundCoris Capital International Fund of FundsCoris Capital Managed Prudential FundCoris Capital Stable Capital Prudential FundCoronation Absolute FundCoronation Balanced Plus FundCoronation Bond FundCoronation Capital Plus FundCoronation Cash Plus FundCoronation Equity FundCoronation Financial Growth FundCoronation Income FundCoronation Industrial FundCoronation International Active Fund ofFundsCoronation International Equity Fund ofFundsCoronation International Relative ValueFund of FundsCoronation Market Plus FundCoronation New Era FundCoronation Optimum Growth FundCoronation Property Equity FundCoronation Resources FundCoronation SA Capital Plus FundCoronation Smaller Companies FundCoronation Strategic Income FundCoronation Top 20 FundCrescent Balanced Equable Fund of FundsCrescent Balanced Progressive Fund ofFundsCrescent Balanced Stable Fund of Funds

FNB Balanced FundFNB Growth FundFoord Balanced FundFoord Equity FundFour Plus Capital Fund of FundsFour Plus Global Fund of FundsFour Plus Growth Fund of FundsFour Plus Secure Fund of FundsFraters Earth Equity FundFraters Flexible FundFraters Real Income FundFuturegrowth Albaraka Equity FundFuturegrowth Balanced Fund of FundsFuturegrowth Bond FundFuturegrowth Core Equity FundFuturegrowth Core Growth FundFuturegrowth Global Index Fund of FundsFuturegrowth Income FundFuturegrowth Mining and Resources Fund



Galaxy Aggressive FundGalaxy Balanced FundGalaxy Defensive FundGalaxy Equity FundGalaxy Fixed Interest FundGryphon All Share Tracker Fund

HSBC South African Equity Fund

Innofin International Multi-Currency FundInterneuron Equity PortfolioInterneuron Freestyle PortfolioInterneuron Managed PortfolioInterneuron Multi-Manager BalancedGrowth Fund of FundsInterneuron Multi-Manager Income PlannerFund of FundsInterneuron Multi-Manager Secure GrowthFund of FundsInvestec Absolute Balanced FundInvestec Absolute Income FundInvestec Balanced Fund of FundsInvestec Cash Plus FundInvestec Cautious Fund of FundsInvestec Commodity FundInvestec Emerging Companies FundInvestec Equity FundInvestec Flexible Fund of FundsInvestec Gilt FundInvestec Global Balanced Feeder FundInvestec Global Multi-Manager Fund Investec Global Opportunity Income Fundof FundsInvestec Growth Fund Investec High Income FundInvestec Index FundInvestec Managed Equity FundInvestec Managed FundInvestec Moderate Fund of FundsInvestec Opportunity FundInvestec Opportunity Income FundInvestec Value FundInvestec Worldwide FundInvestment Solutions Global Equity FeederFund of FundsInvestment Solutions Global Fixed IncomeFeeder FundInvestment Solutions Income Unit TrustFundInvestment Solutions Multi-ManagerBalanced Fund of FundsInvestment Solutions Multi-Manager EquityUnit TrustInvestment Solutions Pure Fixed InterestUnit Trust PortfolioInvestment Solutions Property Equity UnitTrust FundInvestment Solutions Real Return FocusUnit Trust FundInvestment Solutions Superior Cash UnitTrust

Investment Solutions US Dollar Cash Feeder Fund

Kagiso Active Quants FundKagiso Protector FundKagiso Top 40 Tracker Fund

Marriott Core Income Fund Marriott Dividend Growth FundMarriott Flexible Fund of FundsMarriott Global Income FundMarriott Global Income Growth FeederFundMarriott Global Real Estate FundMarriott High Income Fund of FundsMarriott Income FundMarriott Property Equity FundMarriott Property Income Fund Marriott Prudential Fund of Fundsm Cubed Active Bond Fundm Cubed Aggressive Alsi 40 Fundm Cubed Aggressive Bond Fund of Fundsm Cubed Aggressive Equity Fund of Fundsm Cubed Aggressive Small Cap GrowthFundm Cubed Aggressive Small Cap ValueFundm Cubed Alsi 40 Fundm Cubed Balanced Fund of Fundsm Cubed Bond Fund m Cubed Bond Fund of Fundsm Cubed Conservative Equity Fund ofFundsm Cubed Emerging Manager Growth Fundm Cubed Emerging Manager Value Fundm Cubed Equity Fund of Fundsm Cubed Focused Equity Fundm Cubed Global Fund of Fundsm Cubed High Growth Fundm Cubed Inflation Plus 3 Core Fundm Cubed Inflation Plus 3 Fund of Funds m Cubed Inflation Plus 5 Core Fundm Cubed Inflation Plus 5 Fund of Fundsm Cubed International Balanced Fund ofFundsm Cubed International Bond Fund of Fundsm Cubed International Equity Fund of Fundsm Cubed International Flexible Fund ofFundsm Cubed International Fund of Fundsm Cubed Large Cap Fundm Cubed Property Equity Fundm Cubed Rand Managed Moderate Fundm Cubed Rand Managed Stable Fundm Cubed Real Return Core Fundm Cubed Real Return Fund of Fundsm Cubed Small Cap Growth Fundm Cubed Small Cap Value Fundm Cubed Smart Cash Fundm Cubed Value Fundm Cubed Worldwide Flexible FundMelville Douglas Dynamic Strategy FundMetropolitan Absolute Income PropertyFund



Metropolitan Absolute Provider PortfolioMetropolitan Foreign Flexible Fund of FundsMetropolitan General Equity PortfolioMetropolitan Gilt PortfolioMetropolitan Income PortfolioMetropolitan Industrial Portfolio Metropolitan Inflation Linked Bond PortfolioMetropolitan International Fund of FundsMetropolitan International SpecialistIncome Fund of FundsMetropolitan Property Absolute IncomePortfolioMetropolitan Resources PortfolioMetropolitan Select Manager GlobalGrowth Fund of FundsMetropolitan Select Manager Growth PlusFund of FundsMetropolitan Select Manager Income PlusFund of FundsMetropolitan Select Manager PrudentialFund of FundsMomentum Aggressive Equity Fund ofFundsMomentum Aggressive Prudential Fund ofFundsMomentum Balanced Income Fund ofFundsMomentum Balanced Prudential Fund ofFundsMomentum Bond Fund of FundsMomentum Dynamic Asset Allocator Fundof FundsMomentum Moderate Equity Fund ofFunds

Nedbank Balanced Fund of FundsNedbank Bond FundNedbank Entrepreneur FundNedbank Equity FundNedbank Equity Fund of FundsNedbank Financials FundNedbank Flexible Asset FundNedbank Flexible Income FundNedbank Gilt FundNedbank Global Balanced FundNedbank Global Equity Feeder FundNedbank Global Index Feeder FundNedbank Growth FundNedbank Income FundNedbank Inflation Beater FundNedbank International Balanced Fund ofFundsNedbank International Equity Fund ofFundsNedbank Managed FundNedbank Mining and Resource FundNedbank Quants Core Equity FundNedbank Rainmaker FundNedbank Renaissance FundNedbank Value Fund

Oasis Balanced Equable Fund of FundsOasis Balanced Stable Fund of Funds

Oasis Balanced Unit Trust Fund Oasis Bond Unit Trust FundOasis Crescent Equity Fund Oasis Crescent International Feeder FundOasis General Equity Unit Trust Fund Oasis International Feeder FundOasis Property Equity Unit Trust FundOld Mutual Asia Pacific Fund of FundsOld Mutual Balanced FundOld Mutual Consumer FundOld Mutual Dynamic Floor FundOld Mutual Enhanced Income FundOld Mutual Europe Fund of FundsOld Mutual Financial and Industrial FundOld Mutual Financial Services FundOld Mutual Flexible FundOld Mutual Gilt FundOld Mutual Global Bond Feeder FundOld Mutual Global Equity FundOld Mutual Global Technology FundOld Mutual Global Value FundOld Mutual Gold FundOld Mutual Growth FundOld Mutual High Yield Opportunity FundOld Mutual Income FundOld Mutual International Growth Fund ofFundsOld Mutual Investors FundOld Mutual Japan Fund of FundsOld Mutual Latin America Fund of FundsOld Mutual Mining and Resources FundOld Mutual North America Fund of FundsOld Mutual SA Quoted Property FundOld Mutual Small Companies FundOld Mutual Top 40 FundOld Mutual Top Companies FundOld Mutual UK Fund of FundsOld Mutual UK Small Companies Fund ofFundsOld Mutual Value Fund

PeregrineQuant Inflation Plus 3 FundPeregrineQuant Inflation Plus 5 FundPeregrineQuant Inflation Plus 7 FundPersonal Trust Active Fund of Funds Personal Trust High Yield Growth FundPersonal Trust Income FundPersonal Trust International Balanced Fundof FundsPersonal Trust Prudent Fund of FundsPlexus Defender Plus Fund of FundsPlexus Domestic Fixed Interest PortfolioBuilderPlexus Domestic Equity Portfolio BuilderPlexus Endurance Prudential InstitutionalFund of FundsPlexus Foreign Equity Portfolio BuilderPlexus Income Plus Institutional Fund ofFundsPlexus International Equity InstitutionalFund of FundsPlexus Pacer Prudential Institutional Fundof Funds



Plexus Sprinter Equity Institutional Fund ofFundsPrescient Balanced Quantplus Fund ofFundsPrescient Bond Quantplus Fund Prescient Cash Quantplus FundPrescient Equity Quantplus FundPrescient Global Balanced Quantplus Fund of FundsPrescient Mid Cap Quantplus FundPrescient Positive Return Quantplus FundProvest Property Equity FundPrudential Core Value Fund Prudential Dividend Maximiser Fund Prudential Global High Yield Bond Fund ofFunds Prudential Global Income Plus Fund ofFunds Prudential Global Value Fund of Funds Prudential High Yield Bond FundPrudential Inflation Plus FundPrudential Optimiser FundPrudential Prudent Allocator FundPSG Balanced FundPSG Equity Select Fund of FundsPSG Growth FundPSG Income Enhancer Fund of FundsPSG International FundPSG Opportunities Fund

Quantum Balanced Fund of FundsQuantum Capital Plus Fund of FundsQuantum Conservative Fund of Funds

RBK Active FundRBK Core FundRCI Flexible Managed PortfolioRE CM Core Managed FundRezco Value Trend FundRMB Absolute Focus FundRMB Asset Allocator Fund of FundsRMB Balanced FundRMB Bond FundRMB Core Equity FundRMB Emerging Companies FundRMB Equity FundRMB Financial Services FundRMB Flexible Maturity FundRMB High Tide FundRMB Industrial FundRMB International Bond FundRMB International Conservative Fund ofFundsRMB International Equity Fund of FundsRMB International Income FundRMB Maximum Income FundRMB Performance Fund of FundsRMB Private Bank Equity FundRMB Private Bank Income FundRMB Property FundRMB Strategic Opportunities FundRMB Structured Equity FundRMB Top 40 Index Fund

RMB Value FundRMB Worldwide Teletech Fund

Sage Balanced Fund of FundsSage “Collective Wisdom” Fund of FundsSage Conservative Fund of FundsSage Financial Services FundSage FundSage Gilt FundSage Global FundSage Global Income Fund of FundsSage Income Fund Sage Industrial FundSage Institutional Equity Fund of FundsSage Institutional SA Core Equity FundSage Managed Fixed Interest Fund ofFundsSage Managed Growth Fund of FundsSage MultiFocus Fund of FundsSage Performance FundSage Rand Protector FundSage Resources FundSage SciTech Fund of FundsSage Stability Fund of FundsSanlam Absolute Return Bond FundSanlam Asia Pacific Fund of FundsSanlam Balanced FundSanlam Bond FundSanlam Defensive Fund of FundsSanlam Dividend Income FundSanlam Enhanced Cash FundSanlam Financial FundSanlam General Equity FundSanlam General Institutional FundSanlam Global Equity FundSanlam Growth FundSanlam Income FundSanlam Index TrustSanlam Industrial TrustSanlam Inflation Linked FundSanlam Institutional Growth FundSanlam Institutional Long Bond FundSanlam Institutional Special OpportunitiesFundSanlam Institutional Stable Income Fund Sanlam International Balanced Fund ofFundsSanlam International Bond Fund of FundsSanlam International Defensive Fund ofFundsSanlam International Equity Fund of FundsSanlam Multi-Managed Balanced Fund ofFundsSanlam Multi-Managed Equity Fund ofFundsSanlam Multi-Managed InstitutionalAggressive Equity Fund One Sanlam Multi-Managed Institutional AllBond Fund OneSanlam Multi-Managed Institutional AllBond Fund ThreeSanlam Multi-Managed Institutional AllBond Fund Two



Sanlam Multi-Managed InstitutionalGeneral Equity Fund OneSanlam Multi-Managed InstitutionalGeneral Equity Fund TwoSanlam Multi-Managed InstitutionalPositive Return Fund OneSanlam Multi-Managed InstitutionalPositive Return Fund ThreeSanlam Multi-Managed Institutional Positive Return Fund TwoSanlam North American Fund of FundsSanlam Pan-Europe FundSanlam Property FundSanlam Resources FundSanlam Small Cap FundSanlam Technology FundSanlam Value FundSanlam Value Institutional FundSatrix 40 Portfolio (Satrix 40)Satrix FINI Portfolio (Satrix FINI)Satrix INDI Portfolio (Satrix INDI)SP2 Aggressive Multi-Managed FundSP2 Conservative Multi-Managed FundSP2 Moderate Multi-Managed FundSTANLIB All Bond Tracker FundSTANLIB ALSI 40 FundSTANLIB Balanced Trustee Fund of FundsSTANLIB Bond FundSTANLIB Capital Growth FundSTANLIB Dividend Income FundSTANLIB Euro Currency Fund of FundsSTANLIB European Growth Fund STANLIB Extra Income FundSTANLIB Financials FundSTANLIB Flexible Income FundSTANLIB Global Brands FundSTANLIB Global FundSTANLIB Global Science and TechnologyFundSTANLIB Gold FundSTANLIB Income FundSTANLIB Index FundSTANLIB Industrial FundSTANLIB International Aggressive Fund ofFundsSTANLIB International Balanced Fund ofFundsSTANLIB International Conservative Fundof FundsSTANLIB International Equity Fund ofFundsSTANLIB Managed Flexible Fund STANLIB Multi-Manager Bond FundSTANLIB Multi-Manager Equity FundSTANLIB Multi-Manager High Equity Fundof FundsSTANLIB Multi-Manager Income FundSTANLIB Multi-Manager InstitutionalAggressive Fund of FundsSTANLIB Multi-Manager InstitutionalConservative Fund of FundsSTANLIB Multi-Manager InstitutionalModerate Fund of Funds

STANLIB Multi-Manager InstitutionalModerately Aggressive Fund of FundsSTANLIB Multi-Manager InstitutionalModerately Conservative Fund of FundsSTANLIB Multi-Manager International Fundof FundsSTANLIB Multi-Manager Low Equity Fundof FundsSTANLIB Multi-Manager Medium EquityFund of FundsSTANLIB Multi-Manager Property FundSTANLIB Multi-Manager Worldwide Fundof FundsSTANLIB Multi-Manager WorldwidePrudential Fund of FundsSTANLIB Multi-National FundSTANLIB Property Income FundSTANLIB Prosperity FundSTANLIB Quants FundSTANLIB Resources FundSTANLIB Small Cap FundSTANLIB Stability FundSTANLIB US Dollar Bond Fund of FundsSTANLIB US Dollar Cash Fund of FundsSTANLIB Value FundSTANLIB Wealthbuilder FundStrategic Investment Service (“SIS”) BondIndex Fund Strategic Investment Service (“SIS”) EquityFundStrategic Investment Service (“SIS”)Inflation Plus 1-3 Fund of FundsStrategic Investment Service (“SIS”)Inflation Plus 3-5 Fund of FundsStrategic Investment Service (“SIS”)Inflation Plus 5-7 Fund of FundsStrategic Investment Service (“SIS”)Inflation Plus 7-9 Fund of FundsStrategic Investment Service (“SIS”)International Growth Fund of FundsStrategic Investment Service (“SIS”) Top100 FundStrategic Investment Service (“SIS”)Property Equity FundSymmetry Bond FundSymmetry Core Equity FundSymmetry Defensive FundSymmetry Income FundSymmetry Satellite Equity FundSymmetry Stable Fund

Tri-Linear Balanced FundTri-Linear Cash Plus FundTri-Linear Equity Fund

Woolworths International FundWoolworths Unit Trust

XS Accelerated Fund of FundsXS Diversified Fund of FundsXS Enhanced Diversified Fund of FundsXS Enhanced Guarded Fund of FundsXS Guarded Fund of Funds



1.4.1.2 Property

- Property unit trusts (September 2004)

Investors pool funds predominantly for investments on their behalf in property-relatedinvestments.

www.fsb.co.za

1.4.1.3 Participation bonds (September 2004)

Participation bond schemes channel investor funds to borrowers in the form of mortgagebonds. In the process, investors acquire a participatory interest in property investments.

The following organisations act as participation bond schemes.

www.fsb.co.za

1.4.2 Finance companies

Finance companies are companies established in terms of the Companies Act, 1973with the specific purpose of obtaining funds in forms such as loans, debentures ornotes, with the sole objective of lending or investing these funds again in the form ofmortgage loans, factoring, hire-purchase and leasing finance, other loans, etc. Micro-lenders (if incorporated) are included in this category.

Examples of finance companies include:

Allan Gray Property TrustApex Property FundCapital Property FundCentrecity Property Fund

Emira Property FundMartprop Property FundPrima Eiendomtrust SYCOM Property Fund

Absa Mortgage Fund Managers (Pty) Ltd

Blue Bond Investments Ltd

Fairheads Bond Managers (Pty) LtdFedbond Participation Mortgage BondManagers (Pty) Ltd

Masterbond Deelnemingsverbande TrustBestuurders (Edms) Bpk (under curatorship)

PW Harvey and Co

Stabilitas Deelnemingsverbandskema(Edms) BpkSupreme Participation MortgageManagers (Pty) LtdSyfrets Participation Bond Managers Ltd

Barko Financial Services (Pty) LtdBlue Chip Finance (Pty) LtdBMW Financial Services (Pty) Ltd

CUTFIN (Pty) Ltd

Derby Investment Holdings (Pty) LtdDirect Axis SA (Pty) Ltd

Edu-Loan (Pty) LtdEskom Finance Company (Pty) Ltd

Finanscredit (Pty) LtdFirst Consolidated Holdings (Pty) LtdFriedland 035 Investments (Pty) LtdFord Credit SA (Pty) Ltd

Infrastructure Finance Corporation Ltd (INCA)International Harvester Credit CorporationSA (Pty) Ltd



Development Bank of Southern AfricaIndependent Development TrustIndustrial Development Corporation of SA Ltd

Khula EnterprisesNational Housing Finance Corporation LtdUmsobomvu Youth Fund

Kindoc Finance (Pty) LtdKuper Confirming and Finance (Pty) Ltd

Lease Plan International Ltd

m Cubed Capital LtdMetropolitan Industrial Corporation (Pty)LtdMicro Access Financial Services (Pty) LtdMiners Credit Guarantee (Pty) LtdMobile Acceptances (Pty) LtdMoneyline Financial Services (Pty) Ltd

National Savings and Investment (Pty) LtdNew World Finance (Pty) LtdNorfin (Pty) LtdNorufin Housing (Pty) Ltd

Oanag Investment Co (Pty) LtdOresteel Investments (Pty) Ltd

Peglers Investment (Pty) LtdProtea Finance (Pty) Ltd

Rand Finance (Pty) LtdRCS Personal Finance (Pty) LtdReal People Group (Pty) LtdRelyant Credit Finance (Pty) LtdRevertex SA (Pty) LtdRodel Finance Services (Pty) LtdRubin Hugh Investments (Pty) Ltd

SA Scottish Finance Corporation LtdScancorSchenker and Co SA (Pty) LtdSummit Micro Finance (Pty) Ltd

Teba Credit (Pty) LtdTechnical Supply Co (Pty) Ltd

Unlimited Deals 112 (Pty) Ltd

Volkswagen Finance (Pty) Ltd

Zeda Car Leasing (Pty) Ltd

1.4.3 Public-sector financial intermediaries

Public-sector financial intermediaries are institutional units that are owned or controlledby institutional units in the general government sector excluding the monetary authority(paragraph 1.1) and public-sector institutions included as banks (paragraph 1.2). Themajor public entities listed below are based on the Schedules of the Public FinanceManagement Act, 1999 (Act No 1 of 1999 as amended by Act No 29 of 1999).

www.treasury.gov.za

1.4.3.1 National government financial intermediaries (Schedules 2, 3A, and 3B); (June 2004)

This classification includes any subsidiary or entity under the ownership or control of theabove public entities engaged in financial intermediation.

1.4.3.2 Provincial government financial intermediaries (Schedule 3D); (June 2004)

Casidra (Pty) Ltd Ithala Development Finance Corporation

This classification includes any subsidiary or entity under the ownership or control of theabove public entities engaged in financial intermediation.



1.4.4 Financial controlling companies

A financial controlling or holding company owns and directs a group of subsidiarycompanies whose predominant activity is financial in nature.

1.4.4.1 Bank controlling companies 2

(as at 31 December 2003)

www.reservebank.co.za2 The list contains thelatest information aspublished in the BankSupervision DepartmentAnnual Report 2003.

1.4.4.2 Other financial controlling companies

This can be defined as controlling or holding companies where the predominant activityof the group of companies, which is controlled, is of a financial, insurance or financialauxiliary nature, excluding those under paragraph 1.4.4.1.

1.5 Financial auxiliaries

Financial auxiliaries are institutions such as brokers of which the primary activity is tofacilitate financial intermediation, but which do not primarily perform an intermediationrole themselves. Most members of formal exchanges can be classified as financialauxiliaries. However, some members such as banks and co-operatives perform anotheractivity as primary activity, and are thus classified under the institutional sector thatcorresponds with their primary activity.

1.5.1 Private-sector financial auxiliaries

1.5.1.1 Members of the formal exchanges 3

The formal exchanges are the Bond Exchange of South Africa and the JSE SecuritiesExchange South Africa (JSE). The Bond Exchange of South Africa is the licensedfinancial exchange for listed debt securities governed by the Financial Markets ControlAct, 1998 (Act No 55 of 1998) where broking members provide broking services only ona name give-up basis between trading members and clients and where trading memberstrade in dual capacity for own account or with or on behalf of clients. The JSE is the onlylicensed stock exchange in South Africa, governed in terms of the Stock ExchangeControl Act, 1985 (Act No 1 of 1985 as amended) where members of the JSE buy andsell shares and other securities on behalf of clients as agent or principal. The FinancialDerivatives Division (FDD) of the JSE trades equity indices, interest rate futures andoptions on futures contracts, as well as individual equity futures and options and is theformal market for trading financial derivative instruments in South Africa. The AgriculturalProducts Division (APD) of the JSE trades commodity futures and options and is theformal market for trading agricultural derivative instruments in South Africa.

www.bondex.co.za , www.jse.co.za and www.safex.co.za

3 Members of formalexchanges whose primaryactivity is of a financialauxiliary nature.

Absa Group LtdAlbaraka Investment and DevelopmentCompanyAfrican Bank Investment LtdCapitec Bank Holdings LtdFirstRand Bank Holdings Ltd Genbel Securities LtdInvestec LtdMarriott Holdings LtdMercantile Lisbon Bank Holdings Ltd

National Bank of GreeceNedcor LtdNRB Holdings LtdPitcairns Finance Regal Treasury Bank Holdings Ltd Rennies Bank Holdings Ltd Saambou Holdings Ltd Sasfin Holdings Ltd Standard Bank Group Ltd TEBA Bank Controlling Company Ltd



1.5.1.2 Trust companies (September 2004)

Trust companies are corporations whose main function is that of trustee administrationof trust assets.

www.actsa.org.za

Absa Trust LtdBoE Private ClientsBoE Trust LtdFairheads International Trust Co (SA) LtdFedtrust (Pty) LtdFirst National Bank Trust ServicesGraaff’s Trust LtdInvestec Private Trust LtdLegatus Trust (Pty) Ltd

Maitland Trust (Pty) LtdMarriott Trust (Pty) LtdOld Mutual Trust LtdPersonal Trust International LtdSanlam Trust LtdSentinel International Trust Co (Pty) LtdStabilitas Board of Executors (Pty) LtdStandard Executors and TrusteesTrustee Board (Pty) Ltd, The

American Express Bank LtdBanca di RomaBanco BPI, SABanco Comercial PortuguêsBanco Espirito Santo e Comercial deLisboaBanco Privado Português SABanco Totta and Açores SABank Leumi Le-Israel BMBank of America National AssociationBank of Cyprus GroupBank of New York, JohannesburgRepresentative Office, TheBank of Tokyo-Mitsubishi, Ltd, TheBNP Paribas JohannesburgBarclays Private Bank LtdBayerische Hypo- und Vereinsbank AGBelgolaise BankChina Everbright Bank, South African Representative OfficeCommerzbank AGCrédit Industriel et CommercialCredit Suisse First Boston (Europe) LtdCredit Suisse (South Africa) (Pty) LtdDresdner Bank AGDresdner Kleinwort Wasserstein Ltd

Export-Import Bank of China,Representative Office for Southern andEastern Africa, The Export-Import Bank of IndiaFirst Bank of NigeriaFortis Bank (Nederland) N.V.Gerrard Private Bank (Isle of Man) LtdGerrard Private Bank (Jersey) LtdHellenic Bank LtdING Bank (Switzerland) LtdKredietbank SA LuxembourgeoiseLaiki Banking GroupNatexis Banque PopulairesNational Bank of EgyptNational Bank of MalawiRoyal Bank of Canada (Europe) LtdSociété Générale Representative Officesfor Southern AfricaSumitomo Mitsui Banking CorporationUBS AGUnion Bank of Nigeria plcVnesheconombankWachovia Bank, NAWestLB AG

1.5.1.3 Insurance brokers, agents and actuaries

Insurance brokers, agents and actuaries arrange, execute or facilitate transactions infinancial assets on behalf of clients. These financial intermediaries are governed in termsof the Financial Advisory and Intermediary Services Act, 2002 (Act No 37 of 2002).

1.5.1.4 South African representative offices of foreign banks 4

(as at 31 December 2003)


The relevant foreign banks remain part of the foreign sector or rest of the world; seeparagraph 5.

4 It should be noted thatthe list contains the latestinformation as published inthe Bank SupervisionDepartment Annual Report2003.



1.5.1.5 Other private-sector financial auxiliaries

- Managers of securities unit trusts

www.fsb.co.za and www.aci.co.za

- Managers of property unit trusts

www.fsb.co.za

- Other private-sector financial auxiliaries

This classification includes portfolio and fund managers not primarily engaged in themanagement of securities and property unit trusts.

1.5.2 Public-sector financial auxiliaries

1.5.2.1 Public Investment Commissioners (PIC) (Schedule 3A)

The entity Public Investment Commissioners (PIC) invests funds on behalf of public-sector entities, including the Government Employees Pension Fund. The PIC is a publicentity established in terms of the Public Investment Commissioners Act, 1984 (Act No 45of 1984 as amended) and is regulated in terms of the Public Finance Management Act,1999 (Act No 1 of 1999 as amended by Act No 29 of 1999). The Public InvestmentCorporation Bill aims to corporatise the state-owned entity. After corporatisation the PICwill operate under the Financial Advisory and Intermediary Services Act, 2002 (Act No 37of 2002) and the Public Finance Management Act.

www.pic.gov.za

Public Investment Commissioners (PIC)

1.5.2.2 Other public-sector financial auxiliaries

Absa Fund Managers LtdAllan Gray Unit Trust Management LtdAppleton Management Company LtdCommunity Growth ManagementCompany LtdCoris Capital Collective InvestmentManagers LtdCoronation Management Company LtdFoord Unit Trusts LtdHSBC Fund Management Company(Africa) LtdInnofin Management Company LtdInvestec Fund Managers SA LtdInvestment Solutions Unit Trust LtdMarriott Unit Trust Management CompanyLtdm Cubed Unit Trust ManagementCompany LtdMetropolitan Collective Investments Ltd

Momentum Collective Investments LtdNedcor Collective Investments LtdOasis Crescent Equity Fund Unit TrustSchemeOld Mutual Unit Trust Managers LtdPrescient Management Company LtdPrudential Portfolio Managers Unit TrustsLtdPSG Management Company LtdREZCO Collective Investments LtdRMB Unit Trusts LtdSage Unit Trusts LtdSanlamtrust-Bestuurders BpkSatrix Collective Investment Scheme(Satrix)STANLIB Collective Investments LtdStrategic Investments Service (SIS)Management Company Ltd

Allan Gray Property Trust Management LtdAnglo American Property Fund Managers LtdMarriot Property Fund Managers Ltd

Prima Eiendomtrustbestuurder BpkProperty Fund Managers LtdStrategic Real Estate Managers (Pty) LtdSycom Property Fund Managers Ltd



2 Non-financial corporate sector

The non-financial corporate sector includes all resident privately and publicly-ownedinstitutional units whose principal activity is the production of goods and non-financialservices. The non-financial corporate sector consists of the following institutional units:

2.1 Private non-financial corporate sector

Private sector corporations are companies registered under the Republic of SouthAfrica’s Companies Act, 1973. Private sector non-financial companies are legal entitiesseparate from their owners principally engaged in the production of market goods andnon-financial services at economically significant prices with the intent to generate profitor financial gain for the shareholders.

2.1.1 Nominee companies

Nominee companies are registered in terms of the Companies Act, 1973, and are whollyowned by a holding company. Nominee companies are formed for the explicit purposeof operating nominee accounts for the holding of assets on behalf of beneficial owners.The assets are registered in the name of the nominee company operating a nomineeaccount on behalf of the beneficial owner, which could either be a resident or non-resident client.

- Nominee companies registered with the Financial Services Board (October 2004)

www.fsb.co.za

Absa Nominees (Pty) Ltd African Harvest Nominee (Pty) Ltd Agulhas Nominees (Pty) Ltd AIMS Nominees (Pty) Ltd Axis Nominees (Pty) Ltd

Barmont Nominees (Pty) Ltd BNS Nominees (Pty) Ltd BoE Link Nominees (Pty) Ltd Brockhouse Cooper Nominees (Pty) Ltd

Cadiz Nominees (Pty) Ltd Cazenove SA Nominees (Pty) Ltd Chalkton Nominee Company (Pty) Ltd Citibank Nominees (Pty) Ltd Citigroup Global Markets Nominee (Pty)Ltd CMB Nominees (Pty) Ltd Computershare CSDP Nominees (Pty) Ltd Computershare Custodial Nominees (Pty)Ltd Computershare Nominees (Pty) Ltd Computershare Shareholders Nominee(Pty) Ltd Corner House Nominees (Pty) Ltd, The

Dalgland Nominees (Pty) Ltd

De Witt Nominees (Pty) Ltd Decillion Nominees (Pty) Ltd DWM Nominees (Pty) Ltd

Easy Nominees (Pty) Ltd Eighty One Main Street Nominees (Pty) Ltd

Ferbros Nominee (Pty) Ltd FFO Securities Nominees (Pty) Ltd Finsettle Services Nominees (Pty) Ltd First National Nominees (Pty) Ltd Four M Nominees (Pty) Ltd Fradey Nominees (Pty) Ltd Fusion Nominees (Pty) Ltd

Gardenview Nominees (Pty) Ltd Gensec Nominees (Pty) Ltd Golding and Slabbert Nominees (Pty) Ltd Goudstad Nominees (Pty) Ltd Grayston Nominees (Pty) Ltd

IPF Nominees (Pty) Ltd

Jan Silvis Nominees (Pty) Ltd JR Nominees (Pty) Ltd Juspoint Nominees (Pty) Ltd



2.1.2 Non-profit institutions serving the non-financial corporate sector

Non-profit institutions are legal entities engaged in the production of goods and serviceswithout the intent to directly generate income or financial gain for those that finance orcontrol them. Examples are Sacob and all industry associations serving the non-financialcorporate sector.

2.1.3 Co-operatives

Co-operatives are legal entities created by producers for the purpose of marketingcollective output, and profits are distributed in accordance with agreed rules.

2.1.4 Close corporations

Close corporations are private-sector entities registered under the Close CorporationsAct, 1984, and are obliged to incorporate the abbreviation “CC” as the last word in theirname. Where a close corporation is primarily involved in financial activity it should beclassified under the relevant grouping within the financial corporate sector.

2.1.5 Other private-sector companies

This classification includes all other companies in the private sector registered under theCompanies Act, 1973 (that is, organisations which are required by law to incorporate theabbreviation(s) “Ltd”, “(Pty) Ltd” or “Inc” as the last word(s) in their names), but excludingall institutions listed in the financial sector. Non-financial holding or controlling companiesare also included in this group, whereas financial controlling companies are classifiedunder paragraph 1.4.4. Non-financial holding companies control a group of subsidiarycompanies where the majority of the activities of the companies in the group are non-financial in nature; the principal activity of the holding company is owning and directingthe group.

Lavanren Nominees (Pty) Ltd

Macmes Nominees (Pty) Ltd Mercantile Nominees (Pty) Ltd Mettle Nominees (Pty) Ltd Momentum Advisory Service Nominees(Pty) Ltd Momentum Wealth Nominees (Pty) Ltd

Nedbank Nominees (Pty) Ltd Nedcor Bank Nominees (Pty) Ltd NIB IPS Nominees (Pty) Ltd NIB Nominees (Pty) Ltd

Old Mutual SA Nominees (Pty) Ltd Ovation Global Investment Nominees (Pty)Ltd

Peregrine Nominees (Pty) Ltd PSG Genomineerdes (Edms) Bpk

Quarto Nominees (Pty) Ltd

RST Nominees (Pty) Ltd

SA Stockbrokers Nominees (Pty) Ltd

Sanford Nominees LtdSanlam Fundshares Nominee (Pty) Ltd Sanlam Share Account (Pty) Ltd SE Nominees (Pty) Ltd SFSS Nominees (Pty) Ltd Shap-Aron Nominees (Pty) Ltd Sharefull Nominees (Pty) Ltd Sharestock Nominees (Pty) Ltd Sixty Six Marshall Street Nominees (Pty) LtdSMK Genomineerdes (Edms) Bpk Société Générale Nominees (Pty) Ltd Sonset Nominees (Pty) Ltd Standard Bank Nominees (Transvaal) (Pty)LtdStockshare Nominees (Pty) Ltd Syfrets Securities Nominees Ltd

Tetragona Nominees (Pty) Ltd Tradek Nominees (Pty) Ltd

Vector Equities Nominees (Pty) Ltd

Wall Street Nominees (Pty) Ltd



2.2 Public non-financial corporate sector

The public non-financial corporate sector consists of corporations where the principalactivity is the production of market goods and non-financial services and theseinstitutional units are owned or controlled by units in the general government sector. Themajor public entities listed below are based on the Schedules of the Public FinanceManagement Act, 1999 (Act No 1 of 1999 as amended by Act No 29 of 1999).

www.treasury.gov.za

2.2.1 National government enterprises (June 2004)

- Major public non-financial entities(Schedule 2, 3A)

This classification includes any subsidiary or entity under the ownership or control of theabove public entities, whose main activity is non-financial in nature.

- Water boards (Schedule 3B)

Air Traffic and Navigation Services CompanyAirports CompanyAlexkor LtdArmaments Corporation of South AfricaCentral Energy Fund (Pty) LtdDENELESKOMSA Broadcasting Corporation Ltd

SA Forestry Company LtdSA National Roads AgencySA Nuclear Energy CorporationSA Post Office LtdTelkom SA LtdTrans-Caledon Tunnel AuthorityTransnet Ltd

Albany Coast Water Amatola Water Bloem WaterBotshelo WaterBushbuckridge Water Ikangala WaterLepelle Northern WaterMagalies Water

Mhlathuze WaterNamakwa WaterOverberg WaterPelladrift Water Rand WaterSedibeng WaterUmgeni Water


- Other national government business enterprises (Schedule 3B)


AventuraBala Farms (Pty) LtdCouncil for Mineral Technology (Mintek)Council for Scientific and IndustrialResearch (CSIR)Inala Farms (Pty) Ltd

Ncera Farms (Pty) LtdNtsika EnterprisesOnderstepoort Biological ProductsSA Bureau of Standards (SABS)SA Rail Commuter Corporation LtdSentech



2.2.2 Provincial government enterprises(Schedule 3D); (June 2004)


2.2.3 Local government enterprises

These are enterprises of local governments whose main activity is non-financial in nature.

3 General government sector

The general government sector consists of institutional units that are legal entities withpolitical responsibilities established through the political process to mainly produce non-market goods and services for individual and public consumption as well as toredistribute income and wealth. These institutional units invest in assets and fundactivities by levying taxes and issuing financial instruments. Some units owned by unitsin the general government sector may also be engaged in the production of goods andservices for which economically significant prices are charged. The general governmentsector consists of the institutional units listed on the link below:

www.treasury.gov.za

3.1 Central government

Central government consists of national government departments and ministries andinstitutional units not classified as quasi-corporations owned by central government.Central government institutional units are established in terms of the following legislation:

- The Constitution of the Republic of South Africa Act, 1996 (Act No 108 of 1996).- The Public Finance Management Act, 1999 (Act No 1 of 1999 as amended by Act

No 29 of 1999).

3.1.1 National government departments

- Central government administration

Presidency, The ParliamentForeign Affairs

Home AffairsProvincial and Local GovernmentPublic Works

Eastern Cape Development CorporationFree State Development CorporationMayibuye Transport CorporationMjindi Farming (Pty) LtdMpendle-Ntambanana Agricultural Com-pany (Pty) LtdMpumalanga Agricultural DevelopmentCorporation

Mpumalanga Economic EmpowermentCorporationMpumalanga Housing Finance CompanyNorthern Province DevelopmentCorporationNorth West Development Corporation



- Social services

- Financial and administrative services

Government Communications andInformation SystemsNational Treasury Public Enterprises

Public Service and AdministrationPublic Service CommissionSA Management Development InstituteStatistics South Africa

Arts and CultureEducationHealthLabour

Science and TechnologySocial DevelopmentSport and Recreation

- Economic services and infrastructure development

3.1.2 Extra-budgetary institutions

The extra-budgetary institutions produce goods and services for government or sellgoods and services to the public. An extra-budgetary institution is a national public entityand consists of a board, commission, company, corporation, fund or other entity whichis not classified as a quasi-corporation and which is:

- established in terms of national legislation and mainly serving the government; - fully or substantially funded either from the National Revenue Fund, or by way of a

tax, levy or other money imposed in terms of national legislation; and- accountable to Parliament.

- Constitutional institutions (Schedule 1); (June 2004)

- Justice and protection services

Correctional ServicesDefenceIndependent Complaints Directorate

Justice and Constitutional DevelopmentSafety and Security (South African PoliceServices)

AgricultureCommunicationsEnvironmental Affairs and TourismHousingLand Affairs

Minerals and EnergyTrade and IndustryTransportWater Affairs and ForestryWelfare

Commission for Gender Equality, TheCommission for the Promotion andProtection of the Rights of Cultural,Religious and Linguistic Communities, TheCommission on the Remuneration ofPersons Holding Public Office, TheFinancial and Fiscal Commission, The

Human Rights Commission, TheIndependent Communication Authority ofSouth Africa, TheIndependent Electoral Commission, TheMunicipal Demarcation Board, ThePan South African Language Board, ThePublic Protector, The



- Other national government entities(Schedule 3A); (June 2004)

Accounting Standards BoardAfrica Institute of South Africa, PretoriaAfrican Renaissance and InternationalCooperation FundAfrikaanse Taalmuseum, PaarlAgricultural Research CouncilArtscape

Banking Sector Education and TrainingAuthorityBoxing South AfricaBusiness Arts of South Africa,Johannesburg

Castle Control BoardChemical Industries Sector Education andTraining AuthorityClothing, Textiles, Footwear and LeatherSector Education and Training AuthorityCommission for Conciliation, Mediationand ArbitrationCompetition CommissionCompetition TribunalConstruction Sector Education andTraining AuthorityConstruction Industry Development BoardCouncil for GeoscienceCouncil for Medical SchemesCouncil for Higher EducationCross-Border Road Transport Agency

Diplomacy, Intelligence, Defence andTrade and Industry Sector Education andTraining Authority

Education and Labour Relations CouncilEducation, Training and Development Practices Sector Education and TrainingAuthorityElectricity Distribution Industry Holdings(Pty) LtdEmployment’s Condition CommissionEnergy Sector Education and TrainingAuthorityEstate Agency Affairs Board

Film and Publication BoardFinancial and Accounting Services TrainingAuthorityFinancial Intelligence CentreFinancial Services BoardFood and Beverages ManufacturingIndustry Sector Education and TrainingAuthorityForest Industries Sector Education andTraining AuthorityFreedom Park Trust

Godisa TrustGreater St. Lucia Wetland Park Authority

Health and Welfare Sector Education andTraining AuthorityHuman Sciences Research Council(HSRC)

Information Systems, Electronics andTelecommunications Technologies TrainingAuthorityIngonyama Trust BoardInsurance Sector Education and TrainingAuthorityInternational Trade AdministrationIziko Museums of Cape Town

Legal Aid BoardLocal Government, Water and RelatedServices Sector Education and TrainingAuthority

Manufacturing Advisory CouncilManufacturing, Engineering and RelatedServices Education and Training AuthorityMarine Living Resources FundMarket Theatre FoundationMedia, Advertising, Publishing, Printingand Packaging Training AuthorityMedia Development and Diversity AgencyMine Health and Safety CouncilMining Qualifications AuthorityMunicipal Infrastructure Investment Unit

Natal Museum, PietermaritzburgNational Agricultural Marketing CouncilNational Arts CouncilNational Botanical InstituteNational Coordination Office of theManufacturing Advisory CentreProgramme – NAMACNational Development AgencyNational Economic, Development andLabour CouncilNational Electricity RegulatorNational Electronic Media Institute of SANational Empowerment FundNational English Literary Museum,Grahamstown, TheNational Film and Video FoundationNational Gambling Board of South AfricaNational Health Laboratory ServiceNational Home Builders RegistrationCouncil – NHBRCNational Library, Pretoria/Cape TownNational Lotteries BoardNational Museum, BloemfonteinNational Nuclear RegulatorNational Productivity InstituteNational Research FoundationNational Student Financial Aid SchemeNational Urban Reconstruction andHousing Agency – NURCHANational Youth Commission



National Zoological Gardens of SouthAfrica, PretoriaNelson Mandela Museum, UmtataNorthern Flagship Institution, Pretoria

Performing Arts Council of the Free StatePerishable Products Export Control BoardPlayhouse Company Durban, ThePolice, Private Security, Legal andCorrectional Services Training AuthorityPrimary Agricultural Sector Education andTraining Authority

Railway Safety RegulatorRent Control BoardRoad Traffic Management CorporationRobben Island Museum, Cape TownRural Housing Loan Fund

SA Blind Workers Organisation,JohannesburgSA Civil Aviation AuthoritySA Council for EducatorsSA Diamond BoardSA Excellence FoundationSA Heritage Resources AgencySA Institute for Drug-free SportSA Library for the Blind, GrahamstownSA Local Government Association(SALGA)SA Maritime Safety AuthoritySA Medical Research CouncilSA National Accreditation SystemSA National ParksSA Qualifications AuthoritySA Quality InstituteSA Revenue Service

SA Sport CommissionSA Tourism BoardSA Weather ServiceSecondary Agricultural Sector Educationand Training AuthorityServconServices Sector Education and TrainingAuthoritySocial Housing FoundationSouth African Housing FundSpecial Investigation UnitState Information Technology AgencyState Theatre, Pretoria

Thubelisha HomesTourism and Hospitality Sector Educationand Training AuthorityTrade and Investment South AfricaTransport Sector Education and TrainingAuthority

uMalusi Council for Quality Assurance inGeneral and Further Education and TrainingUniversal Service AgencyUniversal Service FundUrban Transport Fund

Voortrekker Museum, Pietermaritzburg

War Museum of the Boer Republics,BloemfonteinWater Research CommissionWholesale and Retail Sector Educationand Training AuthorityWilliam Humphreys Art GalleryWindybrow Centre

This classification includes any subsidiary or entity under the ownership control of theabove public entities.

3.1.3 Universities, universities of technology and technikonsestablished in terms of the Higher Education Act, 1997 (Act No 101 of 1997)

Cape Peninsula University of Technology(Cape Technikon and Peninsula Technikon)Mangosuthu Technikon M.L. Sultan TechnikonNatal TechnikonNelson Mandela Metropolitan University(The University of Port Elizabeth and thePort Elizabeth Technikon)North West UniversityRhodes UniversityTechnikon Free StateTshwane University of TechnologyUniversity of Cape TownUniversity of Fort HareUniversity of Johannesburg (The RandAfrikaans University and the TechnikonWitwatersrand)

University of KwaZulu-NatalUniversity of Limpopo (University of theNorth and the Medical University ofSouthern Africa)University of PretoriaUniversity of South AfricaUniversity of StellenboschUniversity of the Free StateUniversity of the Western CapeUniversity of the WitwatersrandUniversity of VendaUniversity of ZululandVaal University of TechnologyWalter Sisulu University (Border Technikon,Eastern Cape Technikon and University ofTranskei)



3.2 Provincial governments

Provincial governments exercise functions of government at a level just below that ofcentral government.

3.2.1 Provincial legislators

3.2.2 Other provincial government units (Schedule 3C)

This classification includes unincorporated provincial public entities not classified asquasi-corporations.

3.1.4 Social security funds (Schedule 3A); (June 2004)

Social security funds are autonomous funds that manage and operate social securityschemes.

Free State

Eastern Cape

Gauteng

Compensation Commissioner forOccupational DiseasesCompensation Fund

South African Social Security Agency Road Accident FundUnemployment Insurance Fund

Centre for Investment and Marketing in theEastern CapeEastern Cape Appropriate Technology UnitEastern Cape Arts CouncilEastern Cape Consumer Affairs CourtEastern Cape Gambling and BettingBoardEastern Cape Liquor BoardEastern Cape Local Road Transport BoardEastern Cape MuseumsEastern Cape Provincial Housing Board

Eastern Cape Provincially Aided LibrariesEastern Cape Regional AuthoritiesEastern Cape Rural Finance CorporationLtdEastern Cape Socio-EconomicConsultative CouncilEastern Cape Tourism BoardEastern Cape Youth CommissionEast London Industrial Development ZoneCorporation

Free State Consumer AffairsFree State Council for Citizenship,Education and Conflict ResolutionFree State Gambling and Gaming BoardFree State Investment Agency

Free State Liquor BoardFree State Mangaung Nursing CollegeFree State Youth CommissionPhakisa Major Sport and DevelopmentCorporation

Blue IQ Investment Holdings (Pty) LtdGauteng Agriculture and FarmingDevelopment Trust

Gauteng Economic Development AgencyGauteng Gambling BoardGauteng Tourism Authority

Eastern CapeFree StateGautengKwaZulu-NatalLimpopo

MpumalangaNorthern CapeNorth WestWestern Cape



KwaZulu-Natal

Limpopo

Mpumalanga

Amafa Akwazulu NataliEzemvelo KwaZulu-Natal WildlifeKwaZulu-Natal Agricultural DevelopmentTrustKwaZulu-Natal Gambling BoardKwaZulu-Natal House of TraditionalLeaders

KwaZulu-Natal Provincial Planning andDevelopment CommissionKwaZulu-Natal Taxi CouncilKwaZulu-Natal Tourism AuthorityNatal Sharks BoardUMsekeli Municipal Support Services

Gateway International AirportLimpopo Agricultural and RuralDevelopment CorporationLimpopo Appeal TribunalsLimpopo Development TribunalsLimpopo Gaming BoardLimpopo Housing Board

Limpopo Investment InitiativeLimpopo Liquor BoardLimpopo Local Business CentersLimpopo Panel of MediatorsLimpopo Planning CommissionLimpopo Roads AgencyLimpopo Tourism Board

Mpumalanga Gambling BoardMpumalanga Gaming BoardMpumalanga Housing BoardMpumalanga Investment Initiative

Mpumalanga Parks BoardMpumalanga Regional Training TrustMpumalanga Tourism Authority

Northern Cape Tourism Authority

Northern Cape

North West

Invest North WestMmabana Arts, Culture and SportFoundationNorth West Agricultural ServicesCorporationNorth West Communication ServiceNorth West Eastern RegionEntrepreneurial Support Centre

North West Gambling BoardNorth West Housing CorporationNorth West Parks and Tourism BoardNorth West Provincial Aids CouncilNorth West Provincial Arts and CultureCouncilNorth West Youth Development Trust

Western Cape

Western Cape Cultural CommissionWestern Cape Gambling and Racing BoardWestern Cape Investment and TradePromotion AgencyWestern Cape Language Committee

Western Cape Liquor BoardWestern Cape Nature Conservation BoardWestern Cape Provincial DevelopmentCouncilWestern Cape Tourism Board

This classification includes any subsidiary or entity under the ownership or control of theabove public entities.



3.3.1 Metropolitan councils

3.3.2 District councils and municipalities

Eastern Cape Province

- Alfred Nzo District Municipality

- Amatole District Municipality

- Cacadu District Municipality

- Chris Hani District Municipality

- O.R. Tambo District Municipality

- Ukhahlamba District Municipality

Free State Province

- Lejweleputswa District Municipality

City of Cape TownCity of JohannesburgCity of Tshwane

EkurhulenieThekwiniNelson Mandela

O’Connors CampUmzimkhulu

Umzimvubu

AmahlathiBuffalo CityGreat KeiMbhashe

MnqumaNgqushwaNkonkobeNxuba

Aberdeen PleinBaviaansBlue Crane RouteCamdebooIkwezi

KougaKoukammaMakanaNdlambe Sundays River Valley

EmalahleniEngcoboInkwancaIntsika YethuInxuba Yethemba

LukhanjiMount Zebra NPSakhisizweTsolwana

King Sabata DalindyeboMbizaneMhlontloNtabankulu

NyandeniPort St JohnsQaukeni

ElundiniGariepMaletswai

Oviston Nature ReserveSenqu

Masilonyana MatjhabengNala

TokologoTswelopele

3.3 Local governments

Local governments are third-tier government units that provide a wide range of servicesto resident institutional units.



- Motheo District Municipality

- Northern Free State District Municipality

- Thabo Mofutsanyana District Municipality

- Xhariep District Municipality

Gauteng Province

- Metsweding District Municipality

Mangaung Mantsopa

Naledi

MafubeMetsimaholo

MoqhakaNgwathe

DihlabengGolden Gate Highlands National ParkMaluti-a-Phofung

NketoanaPhumelelaSetsoto

KopanongLetsemeng

Mohokare

Kungwini Nokeng tsa Taemane

EmfuleniLesedi

Midvaal

- Sedibeng District Municipality

- West Rand District Municipality

KwaZulu-Natal Province

- Amajuba District Municipality

- Ilembe District Municipality

- Sisonke District Municipality

- Ugu District Municipality

Merafong CityMogale CityRandfontein

SterkfonteinWestonaria

DannhauserNewcastle

Utrecht

eNdondakusukaKwaDukuza

MaphumuloNdwedwe

IngweKokstadKwa Sani

Matatiele Mkhomazi Wilderness AreaUbuhlebezwe

EzingolweniHibiscus Coast uMuziwabantu

UmzumbeVulamehloUmdoni

- uNgungundlovu District MunicipalityHighmoor/Kamberg ParkImpendleMkhambathiniMpofana

MsunduziRichmonduMngeniuMshwathi



- Umkhanyakude District Municipality

- Umzinyathi District Municipality

- Uthukela District Municipality

- uThungulu District Municipality

- Capricorn District Municipality

- Greater Sekhukhune Cross Boundary

Limpopo Province

- Bohlabela District Municipality

- Mopani District Municipality

- Vhembe District Municipality

- Waterberg District Municipality

HlabisaJoziniMtubatuba

St Lucia ParkThe Big 5 False BayUmhlabuyalingana

EndumeniMsinga

NquthuUmvoti

Emnambithi / LadysmithGiants Castle Game ReserveImbabazane

IndakaOkhahlambaUmtshezi

MbonambiMthonjaneniNkandla

NtambananauMhlathuzeUmlalazi

AbaqulusieDumbeNongoma

UlundiuPhongolo

- Zululand District Municipality

BushbuckridgeKruger Park

Maruleng

AganangBloubergLepelle-Nkumpi

MolemolePolokwane

FetakgomoGreater GroblersdalGreater Marble Hall

Greater TubatseMakhuduthamagaSchuinsdraai Nature Reserve

Ba-PhalaborwaGreater Giyani

Greater LetabaGreater Tzaneen

MakhadoMusina

MutaleThulamela

Bela BelaLephalaleModimolle

MogalakwenaMookgapongThabazimbi



- Gert Sibande District Municipality

Mpumalanga Province

- Ehlanzeni District Municipality

- Nkangala District Municipality

LowveldMbombelaNkomazi

Thaba ChweuUmjindi

Albert LuthuliDipalesengGovan MbekiLekwa

MkhondoMsukaligwaSeme

DelmasDr JS MorokaEmalahleniHighlands

Mdala Nature ReserveSteve TshweteThembisile

DikgatlongFrances Baard DMAMagareng

PhokwaneSol Plaatje

Northern Cape Province

- Frances Baard District Municipality

- Karoo District Municipality

- Kgalagadi District Municipality

- Namakwa District Municipality

- Siyanda District Municipality

EmthanjeniKareebergKaroo DMARenosterbergSiyancuma

SiyathembaThembelihleUbuntuUmsobomvu

GamagaraGa-Segonyana

Kalahari CBDCMoshaweng

HantamKamiesbergKaroo HooglandKhai-Ma

Nama KhoiNamaqualandRichtersveld

//Khara Hais!KheisKai ! GaribKgatelopele

MierSiyanda DMATsantsabane

North West Province

- Bojanala Platinum District MunicipalityKgetlengrivierMadibengMoretele

Moses KotanePilansberg National ParkRustenburg



- Bophirima District Municipality

- Central District Municipality

- Southern District Municipality

- Central Karoo District Municipality

- Eden District Municipality

- Overberg District Municipality

- West Coast District Municipality

3.3.3 Other local government units

This classification includes unincorporated entities not classified as quasi-corporations.

Greater TaungKagisanoLekwa-Teemane

MamusaMolopoNaledi

DitsobotlaMafikengRatlou

TswaingZeerust

KlerksdorpMaquassi Hills

PotchefstroomVentersdorp

Breede River DMABreede River WinelandsBreede Valley

DrakensteinStellenboschWitzenberg

Beaufort WestCentral Karoo DMA

LaingsburgPrince Albert

GeorgeKannalandKnysnaLangeberg

Mossel BayOudtshoornPlettenberg BaySouth Cape DMA

Cape AgulhasOverberg DMAOverstrand

SwellendamTheewaterskloof

BergrivierCederbergMatzikama

Saldanha BaySwartlandWest Coast DMA

Western Cape Province

- Boland District Municipality

4.1 Households

Individuals are members of a household and are not treated as separate institutional units.

4.2 Unincorporated business enterprises of households

Unincorporated business enterprises of households comprise households engaging inmarket production as one-man businesses or sole proprietorships and partnerships. Theyare legal entities but are not organised in the form of a company and the household andbusiness accounts cannot be separated. The one-man business or sole proprietorship canbe with or without employees with the latter being own-account workers.

4.3 Non-profit institutions serving households

Non-profit institutions serving households are legal or social entities providing goods andservices to households for free or at economically insignificant prices but which areneither controlled nor mainly financed by government. Non-profit institutions servinghouseholds include welfare organisations, aid societies, clubs, non-profit hospitals andschools, churches, trade unions, stokvels, political parties and such companiesregistered under Section 21 of the Companies Act.

4.4 Private trusts

Private trusts are assets of individuals and estates administered by, among others,banks, trust companies and attorneys on their behalf.

4.5 Friendly societies (September 2004)

Friendly societies are governed in terms of the Friendly Societies Act, 1956 (Act No 25of 1956). A friendly society can be defined as a formal mutual organisation existing withthe purpose of providing its members or their relatives with benefits, relief ormaintenance when in financial difficulty due to, among other things, sickness, death,unemployment and retirement.

www.fsb.co.za



4 Household sector

A household consists of an individual or small group of individuals sharing the same livingaccommodation, pooling some or all of their income and wealth, while consuming goodsand services collectively. The household sector consists of the following institutional units:

AAM Friendly SocietyAchievers’ ClubAero Mannekraggroep OnderlingeHulpverenigingAll Saints Burial SocietyAmalgamated Union of Building TradeWorkers of South Africa Benefits FundAmmunition and Allied Workers FriendlySocietyArebolokaneng SA SocietyArgus Sick Pay FundArme Muslim Burial Society

Bambanani Burial SocietyBarrydalese Kleurling BegrafnisgenootskapBattswood DoodgenootskapBDB Benefit SocietyBenefit Fund of the National Union ofLeather WorkersBenefits Fund of the Cape Town andWellington Branches of the National Unionof Leather WorkersBenefits Fund of the Midland Branch ofthe National Union of Leather WorkersBenevolent Society of the Southern AfricaUnion



Bethel Begrafnis GenootskapBeverage and Hotel Industries EducationFund, TheBopanang Burial Society, The

Cape Friendly SocietyCape Town Embee Sick Benefit SocietyChemical and Oil Industries EducationFund, TheChurch of God of RSA Burial SocietyClothing, Footwear and Textile IndustriesEducation, TheConference of the Seventh Day AdventistConsolidated Textiles Medical BenefitSociety (East London)Construction Industries Education TrustFundCorrectional Services Widow and OrphanSocietyCT Savings Fund

Daddies Burial SocietyDemocratic Integrated MunicipalEmployees’ Society’s Benefit Fund Die Suid-Afrikaanse VolksverenigingDrs G and R de Muelenaere Inc FriendlySocietyDurban Leather Workers’ Benefits Fund

East Coast Employees Benefit PlanEast London Coloured Peoples BurialSocietyEastern Province Newspapers Sick PayFundEastern Province Owners and TrainersBenevolent FundEducational Fund of the National Union ofFurniture and Allied Workers of SAEduco Benefit FundElectronic, Electrical and Battery Industries Education Fund, TheElim BegrafnisverenigingElim SpaarverenigingEngineering Industries Education Fund,TheEureka Algemene Hulpgenootskap

Family Funeral Friend Society and ServicesFeltex Sick Pay FundFood Industries Education Fund, TheForestry and Horticulture IndustriesEducation FundFrame Medical Benefit Society (Durban)Frame Textile Corporation Ltd (LadysmithMills) Medical Benefit SocietyFree State Geduld Mines Ltd Benevolent FundFriends For Life

Global Educare Benefit FundGlynns Benefit FundGoedemoed DoodgenootskapGolden Arrow Employees’ Benevolent Fund

Grand Lodge Free GardenersGreat North Burial SocietyGroep-Begrafnisassosiasie

H Naudé Friendly SocietyHarmony GenootskapHartebeestfontein Gold Mine EmployeesBenevolent SocietyHelpmekaar GenootskapHlomani Burial Society

Ikemeleng Womens’ ClubImperial Bank Friendly SocietyIndependent Benefit SocietyIndependent Moslem Burial SocietyInterchurch Funeral Services SocietyIpoloeng Burial Club

JB Marks Education Trust FundJewellers and Goldsmiths UnionBenevolent FundJohannesburg Transport and MunicipalEmployees Union Sickness and AccidentBenefit FundJordan and Co Ltd Voluntary Benefit FundJournalists Joint Unemployment BenefitFund

Karoo Eendracht BegrafnisverenigingKeimoes Eendracht BegrafnisverenigingKing’s School Bryanston Parents and Pupils Education Trust FundKlerksdorp Mines Benefit Society,Monetary BenefitsKrugersdorpse Onderlinge Begrafnis-genootskap

Leather Workers Death SocietyLebowa Friendly SocietyLeliebloem Hulp en DoodgenootskapLoyal Alfred Lodge Friendly Society No 5072Loyal Bellair Lodge No 7919 of the NatalDistrict IOOF MUFSLoyal Durban Lodge No 5403 of the NatalDistrict IOOF MUFSLoyal Natal Unity Lodge No 4443 of theNatal District IOOF MUFSLoyal Victoria Lodge No 6119 of the SADistrict IOOF MUFS

Main Tin Indian Benefit SocietyMamre Hulp Begrafnis GenootskapMasincedisane Society SchemeMetal Box Non-European Benefit SocietyMiddelburg (Kaap) EendrachtBegrafnisverenigingMidland Factory Mutual Aid FundMining Industries Education Fund, TheModderfontein Mutual Aid FundMotor and Allied Workers Education TrustFund



Motor Union Funeral FundMotounion Death FundMuavha Burial Society

Nampak Group Family Funeral BenefitPlanNatal District of the Independent Order ofOdd Fellows Manchester Unity FriendlySocietyNatal Witness Sick and Benefit FundNational Mutual Aid Association of Railway,Airways and Harbour Servants (SA)National Union of Leather and AlliedWorkers Northern District Distress FundNew Apostolic Church Burial FundNoordelike BouwerkersvakbondNumsa Benefit Fund

OAC Burial SocietyOAC Burial Society: District Western CapeOAC Burial Society: District Eastern CapeOAC Burial Society: District Free StateOAC Burial Society: District GautengOAC Burial Society: District KwaZulu-NatalOAC Burial Society: Northern District

PAB Onderlinge HulpverenigingPerforma DienstefondsPerskor Tegniese Personeel SiekefondsPharmaceutical and Medical IndustriesEducation Fund, ThePhilarold Funerals Friendly SocietyPhillippi HulpgenootskapPinetown Textile Mills Medical BenefitSocietyPioneer Islamic Friendly SocietyPMP Benevolent FundPolifin Mutual Aid FundPost Office Dependants Aid SocietyPrinting Industry Employee Benefit Fundfor SATU MembersPutco Funeral Benefit Fund

Retreat BegrafnisverenigingRhema Friendly SocietyRhino Employees Benevolent FundRidge Educational Trust Friendly SocietyRiebeek-Wes BegrafnisgenootskapRobertson Algemene HulpgenootskapRovoningo Burial Society

SA District Independent Order of OddFellows Manchester Unity Friendly SocietySA Electrical Workers AssociationSickness and Accident FundSA Woodworkers Union Benevolent FundSACTA Life Assurance SchemeSAICCOR Sick Benefit FundSAMANCOR Funeral Benefit Scheme

SANTA Port Elizabeth Branch ContributorySick FundSASBO Death Benefit FundSASBO Education FundSizanani Burial SocietySomerset Oos BegrafnisverenigingSomerset West Factory Mutual Aid FundSouth African Commercial, Catering and Allied Workers’ Union Benevolent Fund(The SACCAWU Benevolent Fund)South African Education Trust Fund, TheSouth African Printers Sick Benefit SocietySouthfield Dood en HulpgenootskapSpoegrivier BegrafnisgenootskapSt David Lodge No 1 Order of FreeGardeners (Africa)Staff Association Hospitalisation FriendlySocietyStar of Kilmarnock Lodge (AOFG) ScotlandNo 99Steel and Allied Industries Education Fund, The Sterftefonds van ATKVStewarts and Lloyds Group Sick Pay Fund

Tiharihani Burial SocietyTirhisanani Burial SocietyTransafrica Funeral SocietyTransport and Omnibus Workers’Benevolent FundTransport Industries Education Fund, TheTransvaal Muslim Burial SocietyTrawlermens Sick Benefit and BenevolentFundTswaragano Friendly Society

Uit liefde GenootskapULCO European Employees Welfare FundUmbogintwini Factory Mutual Aid FundUnion Corporation Mines Death Benefit FundUpington Eendracht BegrafnisverenigingUSCO Sick Pay and Benefit FundUtlwanang Burial Society

Vaal Reefs Benevolent FundVredehulp Doodgenootskap

Welcome Estate Burial SocietyWestern Province Building and Allied TradesSick Fund and Death Benefit FundWillmill Benefit FundWorkers Welfare Fund

Ziklife Funeral Benefit FundZwamita Saving Club

5 Foreign sector – rest of the world

Non-resident institutional units transacting with resident institutional units are grouped intothe foreign sector or the rest of the world. The classification of the foreign sector is basedon the distinction between residents and non-residents. The concept of residency isbased on the center of economic interest and not on nationality or purely legal criteria. Aninstitutional unit is considered to be a resident of a country when it has an economicinterest in a country, i.e. when it has a location (dwelling or premises) within the economicterritory of a country from where it intends to engage indefinitely or over a finite but lengthyperiod of time (longer than a year) in economic activity on a significant scale. Theeconomic territory of a country consists of the geographic territory administered bygovernment within which persons, goods and capital move freely inclusive of airspace,territorial waters and enclaves.

An institutional unit or enterprise is therefore a resident of the Republic of South Africa whenit has an economic interest in South Africa, i.e. when it has premises within the economicterritory of South Africa from where it engages or intends to engage indefinitely or over afinite but lengthy period of time in significant economic activity in South Africa. The foreignsector or non-residents could similarly be defined as institutional units or enterprises with acenter of economic interest outside the borders of the Republic of South Africa.

Branches and subsidiaries of foreign enterprises domiciled in South Africa are thereforeclassified as resident institutional units. In this instance, the foreign enterprise/non-resident owner is classified as part of the foreign sector while the foreign-ownedsubsidiary or branch is classified as a South African resident. By contrast, branches andsubsidiaries of South African companies domiciled in the rest of world are classified asnon-resident or part of the foreign sector.

5.1 Foreign financial corporate sector

5.1.1 Financial companies listed on the JSE and classified as non-resident (September 2004)

Financial companies with a primary listing on bourses other than the JSE SecuritiesExchange South Africa (JSE) and a secondary listing on the JSE are classified as non-resident.

www.jse.co.za

5.1.2 Foreign banks 5

A foreign bank is an institution lawfully established in a country other than the Republicof South Africa which conducts the business of a bank in another country.

Brait SAInvestec plcLiberty International plc

London Finance and Investment Group plcOld Mutual plc



5 Foreign banks notincluded under paragraph5.1.1.

Accorn Global FundAppleton Global Portfolio (Guernsey)Ashburton Global Funds Ltd (Jersey) Ashburton Money Market Funds Ltd(Jersey)Ashburton Replica Portfolio Ltd (Jersey)Aviva Funds

Barclays International Funds SICAV(Luxembourg)Barclays Investment Funds SICAV(Luxembourg)

Corinthian Portfolio Selection Funds Ltd(Jersey)Coronation Retail Fund (Ireland) Cresent Global Investment Fund plc(Ireland)

Elite Personal Portfolio Service (Guernsey)

Fidelity Funds SICAV (Luxembourg)Fidelity Institutional FundsFranklin Templeton Investment Funds(Luxembourg)Frank Russell Investment Company plc(Ireland)

Gensec Global Multi-Manager Fund plc(Ireland)Gensec Universal Fund (Pty) Ltd plc(Ireland)Gerrard Japanese Growth FundGerrard UK Growth FundGerrard UK Smaller Companies FundGinsglobal Index Funds Ltd (Mauritius)

HSBC Global Investment Funds SICAV(Luxembourg)

Insight Investment International PortfoliosFundsInsinger De Beaufort Asset SelectionSICAV (Luxembourg)International Mutual Fund Pcc LtdInvesco GT Investment SICAV(Luxembourg)Invesco GT Pathfinder Series (Ireland)Invesco GT SICAV (Luxembourg)

Invesco GT Small Companies Series(Ireland)Invesco GT World Bond Series (Ireland)Invesco GT World Series (Ireland)Invesco SeriesInvestec Global Strategy Fund Ltd(Guernsey)Investec International Accumulation FundLtd (Guernsey)Investec International Fund (Ireland)Investec Liquidity Funds plc (Ireland) Investec Select Funds plc (Ireland)Investment Solutions Strategic GlobalFund (Jersey) Irish Life International Global Funds plc(Ireland)

Liberty Ermitage Funds LtdLiberty Ermitage Institutional MoneyMarket Funds Ltd (Jersey)Lloyds TSB Money Fund LtdLloyds TSB Offshore Funds LtdLloyds TSB Offshore Gilt Fund Ltd

Marriott Singer International Funds plc(Ireland)m Cubed Capital Mutual Fund Pcc Ltd(Guernsey)

Nedcor International Investor Series plc

Oasis Global Investment Fund plc (Ireland)Old Mutual Emerging Asia Trust (UK) Old Mutual European Blue Chip TrustOld Mutual International Portfolio(Guernsey)Old Mutual Latin American CompaniesTrustOld Mutual North American TrustOld Mutual UK Money Market TrustOld Mutual UK Select Smaller CompaniesTrustOld Mutual US Dollar Money Market TrustOld Mutual Worldwide Bond TrustOld Mutual Worldwide TrustOrbis Global Equity Fund (Bermuda)Orbis Japan US Dollar Fund Ltd(Bermuda)Orbis SICAV Japan Equity Fund(Luxembourg)



5.1.3 Other foreign financial corporations

Other foreign financial corporations are lawfully established institutions in a country otherthan the Republic of South Africa which conduct the business of institutions as definedin paragraph 1.

- Approved foreign collective investment schemes (September 2004)

www.fsb.co.za



5.2 Foreign non-financial corporate sector

5.2.1 Non-financial companies listed on the JSE and classified as non-resident (September 2004)

Non-financial companies with a primary listing on bourses other than the JSE SecuritiesExchange South Africa (JSE) and a secondary listing on the JSE are classified as non-resident.

www.jse.co.za

5.2.2 Other foreign non-financial corporations

5.3 Foreign governments

Foreign governments are institutional units conducting the functions of government asprimary activity with legislative, judicial and executive authority over other institutionalunits within a specific area outside the Republic of South Africa.

5.4 International organisations

International organisations are supra-national institutions such as the InternationalMonetary Fund and authorities with the authority to raise taxes or compulsorycontributions within the territories of the countries that are members of the internationalorganisations.

5.5 Other non-residents

Other non-residents are natural persons or legal entities that are not residents of theRepublic of South Africa.

Anglo American plcBHP Billiton plcBicc Cafca LtdCanadian Overseas Packaging IndustriesLtdConafex Holdings Societe AnonymeDimension Data Holdings plcFalcon Investment Holdings SociétéAnonyme

Lonmin plcLonrho Africa plcMonteagle Holdings Société AnonymeNamibian Sea Products LtdRichemont Securities AG SABMiller plcWankie Colliery Company Ltd

Prudential Cash Haven TrustPrudential European TrustPrudential International Growth Trust (UK)Prudential Japanese TrustPrudential North American TrustPrudential Pacific Markets TrustPrudential UK Growth Trust PSG Global Ltd (Mauritius)

Sarasin (CI) Equisar Dollar Global ThematicFundSarasin (CI) Equisar Sterling GlobalThematic Fund (Guernsey)Sarasin (CI) Globalsar Dollar BalancedFund (Guernsey)

Sarasin (CI) Globalsar Sterling BalancedFund (Guernsey)Sarasin (CI) Income PortfolioSasfin International FundScottish Mutual International InvestmentFund plc (Ireland)SEI Global Master Fund plc (Ireland)Standard Bank Offshore Unit TrustScheme (Jersey)Standard Bank Strategist Funds Ltd(Jersey)Strategic Investment Services (Ireland)

Trialpha Select Unit TrustTrialpha Liquid Unit Trust (Jersey)

43



Appendix A Public sector

This appendix presents the public sector at a glance. The public sector consists of thepublic financial corporate sector, public non-financial corporate sector and the generalgovernment sector, each of which consists of the following institutional sectors andunits6.

Public financial corporate sector

1.1 Monetary authority

1.2 Banks1.2.4 Postbank1.2.5 Land Bank

1.3 Insurers and pension funds1.3.1.2 Public-sector insurers1.3.3.2 Public-sector pension and provident funds

1.4 Other financial intermediaries1.4.3 Public-sector financial intermediaries

1.4.3.1 National government financial intermediaries1.4.3.2 Provincial government financial intermediaries

1.5 Financial auxiliaries1.5.2 Public-sector financial auxiliaries

1.5.2.1 Public Investment Commissioners (PIC)1.5.2.2 Other public-sector financial auxiliaries

Public non-financial corporate sector

2.2 Public non-financial corporate sector2.2.1 National government enterprises2.2.2 Provincial government enterprises2.2.3 Local government enterprises

General government sector

3.1 Central government 3.1.1 National government departments 3.1.2 Extra-budgetary institutions3.1.3 Universities, universities of technology and technikons3.1.4 Social security funds

3.2 Provincial governments3.2.1 Provincial legislators3.2.2 Other provincial government units

3.3 Local governments3.3.1 Metropolitan councils3.3.2 District councils and municipalities3.3.3 Other local government units

6 The paragraphnumbering refers to theparagraphs in the main bodyof the Guide.



Appendix B Standard Industrial Classification of all Economic Activities

An institutional unit (an enterprise such as a company) may be engaged in different kindsof production activities in different locations, producing various kinds of goods andservices. For the analysis of production it is necessary to use a more homogeneous unitthan an enterprise. The unit is an establishment, defined as an enterprise or part of anenterprise situated in one location and engaged in mainly one type of production activity,which is its principal activity. An establishment can also be engaged in secondaryactivities, which generate a minor part of its production, or ancillary activities, which areproduction not intended for use outside the enterprise. An enterprise can consist ofmore than one establishment, but an establishment can belong to only one enterprise.

Based on the type of activity described in terms of a set of inputs, a production processand a set of outputs, establishments are grouped together into industries. An industry isdefined as a group of establishments engaged in the same, or similar, kinds ofproduction activity. Industries are classified according to the 1993 edition of theStandard Industrial Classification of all Economic Activities (SIC). The SIC is based onthe 1990 edition of the International Standard Industrial Classification (ISIC), with suitableadaptations for local conditions. The SIC classification refers to the principal activity ofestablishments.

It is possible to classify institutional units by institutional sector class and by standardindustrial class. However, institutional units can only broadly be classified into industriesaccording to their principal class of goods produced or services rendered. An exampleof the SIC classification of institutional units by organisation reporting to the SouthAfrican Reserve Bank is the classification by banks of loans, advances and discountsaccording to major divisions, as provided by banks on the DI 500 returns to the Registrarof Banks. The major divisions (one-digit level) and divisions (two-digit level) of the SIC areshown in Table 2.

In the case of individuals and non-producing households there is no SIC classificationas the SIC caters only for producing units. To address this problem, sector 0 of the SICis further subdivided into divisions (two-digit level), major groups (three-digit level) andgroups (four-digit level), as indicated in Table 3, for instances where a reportingorganisation needs to assign SIC codes to all its counterparties.

The complete SIC is published in the Standard Industrial Classification of all EconomicActivities (SIC) and can be obtained from:

Statistics South AfricaPrivate Bag X44Pretoria0001



Table 2 Standard Industrial Classification of all Economic Activities (SIC)7

Category Major Divisiondivision

Agriculture, hunting, forestry and fishing .......................................................... 1

Agriculture, hunting and related services .............................................................. 11Forestry, logging and related services .................................................................. 12Fishing, operation of fish hatcheries and fish farms .............................................. 13

Mining and quarrying .......................................................................................... 2

Mining of coal and lignite ...................................................................................... 21Extraction of crude petroleum and natural gas; service activities incidental to oil and gas extraction, excluding surveying ................................................................ 22Mining of gold and uranium ore ............................................................................ 23Mining of metal ores, except gold and uranium...................................................... 24Other mining and quarrying .................................................................................. 25Services activities incidental to mining of minerals ................................................ 29

Manufacturing .................................................................................................... 3

Manufacture of food products, beverages and tobacco products ........................ 30Manufacture of textiles, clothing and leather goods .............................................. 31Manufacture of wood and of products of wood and cork, except furniture; manufacture of articles of straw and plaiting materials; manufacture of paper and paper products; publishing, printing and reproduction of recorded media ...... 32Manufacture of coke, refined petroleum products and nuclear fuel; manufacture ofchemicals and chemical products; manufacture of rubber and plastic products .... 33Manufacture of other non-metallic mineral products ............................................ 34Manufacture of basic metals, fabricated metal products, machinery and equipment and of office, accounting and computing machinery .............................................. 35Manufacture of electrical machinery and apparatus not elsewhere classified.......... 36Manufacture of radio, television and communication equipment and apparatus and of medical, precision and optical instruments, watches and clocks ................ 37Manufacture of transport equipment .................................................................... 38Manufacture of furniture; manufacturing not elsewhere classified; recycling .......... 39

Electricity, gas and water supply ...................................................................... 4

Electricity, gas, steam and hot water supply ........................................................ 41Collection, purification and distribution of water .................................................... 42

Construction ........................................................................................................ 5

7 The industries are classified according to the Standard Industrial Classification of all Economic Activities (SIC), fifth edition. It isbased on the third revision of the International Standard Industrial Classification of all Economic Activities (ISIC), with suitableadaptations for local conditions.



Category Major Divisiondivision

Wholesale and retail trade; repair of motor vehicles, motor cycles and personal and household goods; catering and accommodation ...................... 6

Wholesale and commission trade, except of motor vehicles and motor cycles .... 61Retail trade, except of motor vehicles and motor cycles; repair of personal household goods .................................................................................................. 62Sale, maintenance and repair of motor vehicles and motor cycles; retail tradein automotive fuel .................................................................................................. 63Catering and accommodation .............................................................................. 64

Transport, storage and communication ............................................................ 7

Land transport; transport via pipelines .................................................................. 71Water transport .................................................................................................... 72Air transport .......................................................................................................... 73Supporting and auxiliary transport activities; activities of travel agencies .............. 74Post and telecommunications .............................................................................. 75

Financial intermediation, insurance, real-estate and business services ........ 8

Financial intermediation, except insurance and pension funding .......................... 81Insurance and pension funding, except compulsory social security ...................... 82Activities auxiliary to financial intermediation .......................................................... 83Real-estate activities ............................................................................................ 84Renting of machinery and equipment, without operator, and of personal and household goods .................................................................................................. 85Computer and related activities ............................................................................ 86Research and development .................................................................................. 87Other business activities ...................................................................................... 88

Community, social and personal services ........................................................ 9

Public administration and defence activities .......................................................... 91Education ............................................................................................................ 92Health and social work ........................................................................................ 93Other community, social and personal service activities ........................................ 94Activities of membership organisations not elsewhere classified .......................... 95Recreational, cultural and sporting activities .......................................................... 96Other service activities .......................................................................................... 99

Private households, extra-territorial organisations, representatives of foreign governments and other activities not adequately defined .................. 0

Private households with employed persons .......................................................... 01Extra-territorial organisations ................................................................................ 02Representatives of foreign governments .............................................................. 03Other activities not adequately defined ................................................................ 04



Table 3 Subdivisions of sector zero in the Standard Industrial Classification

Category Major Division Major Groupdivision group

Private households, extra-territorial organisations, representatives of foreign governments and other activities not adequately defined................................ 0

Private households with employed persons .................. 01Extra-territorial organisations ........................................ 02Representatives of foreign governments ...................... 03Other activities not adequately defined ........................ 04

Individuals and non-producing households .................... 041Employees .............................................................. 0411Retired persons........................................................ 0412Other individuals or households, including unemployed persons, students .................................................... 0413

Other ............................................................................ 042



Table 4 Conversion list for Bond Exchange of South Africa (BESA) codes

Institutional Sector ClassificationBESA Sector Codes 8 Sector description South African Reserve Bank Institutional

Sector Classification Guide

1999 issue 2005 issue

100 Foreign sector – rest of the world 7 5

200 Monetary authority 1 1.1

300 Banks 2 & 3 1.2

400 Public Investment Commissioners 4 1.5.2.1

510 Long-term insurers 5.1 & 5.3 1.3.1

520 Short-term insurers and medical schemes 5.1 & 5.3 1.3.1 & 1.3.2

610 Private-sector pension and provident funds 5.2 1.3.3.1

620 Public-sector pension and provident funds 5.2 1.3.3.2

710 Unit trusts 6.1 1.4.1.1 & 1.4.1.2

720 Participation bonds 6.2 1.4.1.3

730 Public-sector financial intermediaries and other public-sector financial auxiliaries 6.4 & 6.5 1.4.3 & 1.5.2.2

740 Finance companies, financial controlling companies and private-sector financial auxiliaries 6.3 & 6.6 1.4.2 & 1.4.4 & 1.5.1

800 Central government 8.1 & 8.2 & 8.4 3.1.1 & 3.1.2 & 3.1.4

900 Provincial governments 9 3.2

1000 Local governments 10 3.3

1120 Public non-financial corporate sector 12 2.2

1130 Universities, universities of technology and technikons 8.3 3.1.3

1200 Private non-financial corporate sector 11.2 & 11.5 2.1.2 & 2.1.3 & 2.1.4 & 2.1.5

1300 Household sector 13 4

1400 Nominee companies 11.1 2.1.1

8 Coding of market participants in the secondary bond market.

Documents

Institutional Sector Classification Guide for South Africa · Institutional Sector Classification Guide for South Africa February 2005 Technical enquiries regarding this guide can