MFSA bankrupt: dissolves

BREAKING NEWS: The Marketing Federation of South Africa will announce on Monday, 3 October 2005 that it is shutting up shop and dissolving the organisation. The MFSA allegedly owes more than R5 million to creditors and has struggled since its inception in 2003 to transform the industry and more recently, itself, and present a united front to business and Government. The dissolution of the MFSA is tragic and will leave an enormous vacuum in the industry, said sources over the weekend.