The ANC is gambling with the worker’s piggy bank

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The ANC is prepared to alter section 28 of the Pension Funds Act, which prescribes the extent to which retirement funds may invest in particular asset classes.
The ANC is prepared to alter section 28 of the Pension Funds Act, which prescribes the extent to which retirement funds may invest in particular asset classes.

VOICES

Government and unions cannot be allowed to sow pensions in Eskom’s porous coffers without explicitly laying out the staggering risks involved, writes Tinashe Mutema

In its discussion paper titled Reconstruction, Growth and Transformation: Building a New, Inclusive Economy, the ANC has proposed a radically inward-looking approach to building an inclusive economy.

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