Govt pension fund awaiting PIC report on R586m land purchase

2020-02-19 19:10

The Government Employees Pension Fund has requested a report from the PIC on a decision to purchase undeveloped farmland valued at R586m.

Survé barking up the wrong tree with questions about AYO, says govt pension fund boss

2019-04-25 18:16

The GEPF had no reason to update Sekunjalo executive chair Iqbal Survé about the way in which the PIC handled its investment in AYO, head of the fund Abel Sithole told Fin24.

R5bn in impairments not about lack of due diligence, says government pension fund

2018-12-05 18:56

The GEPF, which has registered impairments of over R5bn in its investments in Steinhoff’s empowerment partner Lancaster 101 and Independent News and Media SA, says it has no reason to believe it did not conduct proper analysis.

 

Govt pension fund: It would be wrong to dismiss Eskom bailout proposal without all the facts

2020-02-19 13:32

The Government Employees Pension Fund says it has still not been approached about a proposal to increase its exposure to Eskom debt.

Everything is A-ok at SA government's largest pension fund, says head

2019-04-25 13:59

The head of South Africa's largest state pension fund, Abel Sithole, has said the fund remains financially sound and employers would not need to increase contributions, despite concerns raised by Alexander Forbes Financial Services in a valuation.

Government pension fund says it is 'over-exposed' to SA economy

2017-11-14 20:29

The Government Employees Pension Fund is “over-exposed” to the South African economy and this needs to be addressed, says Abel Sithole, the fund’s principal executive officer.

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