30 January 2020 16 Min Read
The ANC’s dirty dance with your pension
With government finances in such a mess, the easiest way to plug the hole might be to force you to use your pension fund money to bail out state-owned enterprises. This is the threat of ‘prescribed assets’. It requires a capable state if it is to have any chance of success. As things stand it would be unfair to force savers to rescue clapped-out parastatals with little prospect of a financial return
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