Correctional Services spokesman Manelisi Wolela has denied allegations that student leader Mcebo Dla.
Investec has prepared its investors for a 22percent to 30percent decline in earnings for the year to March.
Briefing investors for the second half of the year to March, Investec said the global financial market crisis and volatile equity markets continued to affect its operations.
It said, however, that its results will show that it was able to navigate the turmoil in the financial markets. - Marcia Klein