The PIC group announced that they will meet in November to consider options to help the bankrupt state entity Eskom with its debt. Pensioners were given the assurance that the value of pensions would not be “wasted”. PIC already carries almost R90 billion of Eskom’s debt and more than one million public servants’ pension is..
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ANC regime just cant resist the old folks money – State still wants to use pensioners funds as a bailout for bankrupt SOE’s
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Mixed reaction to Cyril Ramaphosa’s ‘slate’ especially with Naledi Pandor as VP
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Deputy President, and one of the frontrunners for ANC leader, Cyril Ramaphosa will have a tough time convincing some of his supporters to throw their weight behind his preferred deputy ahead of the party’s December elective conference. The surprise announcement that he wants current ANC National Executive Committee member Naledi Pandor to be his deputy..
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