GEPF says it will not invest in Eskom purely to save SA

The Government Employees Pension Fund will not invest more in Eskom solely for the purposes of saving SA, but would require that the power producer meet its investment criteria in terms of the management of the entity and the provision of a return, the fund’s principal executive officer Abel Sithole said in an interview on Wednesday.

Sithole was in parliament to brief the standing committee on finance on the GEPF’s annual report for 2018/2019.A subscription helps you enjoy the best of our business content every day along with benefits such as exclusive Financial Times articles, ProfileData financial data, and digital access to the Sunday Times and Times Select.

Haha... you will be forced to 'invest' our money in eskom knowing there will be no returns.

That's our hard earned money Good

We are continuing our work to help build student and graduate entrepreneurship in the institutions of higher learning with efforts to help reduce the unemployment rate, we’d truly appreciate the support of media houses to get our word out there. How do we get hold of BDLive?

Well well well

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