ANC Chairman on economic transformation, Enoch Godongwana, said during an interview with the Sunday Times that money from the country’s private and public pension funds should be used to pay off the debts of struggling state-owned enterprises such as Eskom and SAA. In response to the statement, economist Mike Schüssler said it was just another..
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ANC’s pension money proposal upsets economists – Government wants to use private and public pension funds to settle struggling SOE’s debts
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The ANC regime now wants to loot your pension money to save their struggling state entities
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TAU SA expressed concern about the statements made on public forums by the ANC government where advocacy is being made to use SA’s pension capital for investment in so-called fixed assets. The size of the exit funds can make a huge impact on the national economy; according to the 2017 annual report of the pension..
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