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South Africa Latest News, South Africa Headlines
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SA's pension pot at risk as government seeks fundingThe pension pot in South Africa, one of the largest in the world, could be under threat as government, whose debt is growing every year, looks for new funding sources. Peoples pensions in danger wow & suprisingly many especial among blacks still don't realise the huge mess ANC has put this country in..I'm afraid they will wake up very late ANC government looking for a new bank to rob. This was always going to be the case. Those that voted no in the 80s referendum cited this as one of the main reasons. Everything the no camp said would happen has happened and at the time they were branded right wingers
Source: TimesLIVE - 🏆 28. / 59 Read more »
ANC’s plans ‘could collapse pension funds, with pensioners dying poor’The party's manifesto hints at targeting pensions through prescribed investments, 'which will see half the population's money used to bail out failing entities like Eskom'. As they have already done with the old Transnet Pension_fund .......The Citizen News ANC's plans ‘could collapse pension funds, with pensioners dying poor’ It could be a plot to get people resigning , govt needs that so much right now
Source: TheCitizen_News - 🏆 6. / 75 Read more »
Economists worry about pension fund investmentsAt its manifesto rally, the ANC said it would investigate the possibility of prescribing assets to shore up ailing parastatals.
Source: eNCA - 🏆 49. / 51 Read more »
Economists worry about pension fund investmentsAt its manifesto rally, the ANC said it would investigate the possibility of prescribing assets to shore up ailing parastatals. That sounds very terrible. The only ones that don’t worry about it are the anc Mafia Thugs.
Source: eNCA - 🏆 49. / 51 Read more »
Anger at 'leniency' after 13 Congolese died in police stationThe head of the Brazzaville police station where the 13 died last July was given a two-year prison sentence and his deputy a three years.
Source: eNCA - 🏆 49. / 51 Read more »
Pension funds buy time on new rulesThe desired outcome is a pensioner who has enough money to live on - unlike the majority of South Africans who currently retire with little or nothing.
Source: SundayTimesZA - 🏆 47. / 51 Read more »
Pension abuse in Financial Sector Conduct Authority’s crosshairs'Our guiding principles are to be intrusive and outcomes-based. There's a new mandate and new ways we're going to be doing our business.'
Source: SundayTimesZA - 🏆 47. / 51 Read more »
Transport department transfers R5.7bn to Sanral's toll road network | IOL NewsThe Department Transport has transferred R 5.7 billion in its medium-term budget appropriation to the toll road network of Sanral. No mention as to implications to nontoll roads like R25, Moloto rd.
Source: IOL - 🏆 46. / 51 Read more »
Transport dept transfers R5.7bn to Sanral toll road networkThis was was 'a strategic intervention' to deal with the non-payment by Gauteng motorists of the Gauteng freeway improvement project, or e-tolls.
Source: TheCitizen_News - 🏆 6. / 75 Read more »
Ruling party faces loss in Gauteng🔒 David Makhura is a man with many hats. ANC Gauteng chairperson, board member of the Ahmed Kathrada Foundation, premier. A not-so-pleasant role inadvertently conferred on him now is to ensure the ANC retains control of Gauteng, a key battleground. Sure! ANC majority victory in Gauteng will reward them for Esidimeni. With them back in power, nobody will be required to account. Strange he slept while Esidimeni happened on his watch. What political buffoonery! He's fighting for political survival
Source: mailandguardian - 🏆 2. / 92 Read more »