As the ANC continues to consider prescribed assets, the debate is heating up over what will destroy more value for pensioners: bankrupt state-owned enterprises (SOEs) or government-enforced investment in them.

Investors concerned about government interference in their pension funds miss the point that their investments are under threat from the economic downturn that would result from failures of SOEs, former CEO of the SA Post Office Mark Barnes said on Wednesday.

BL Premium

This article is reserved for our subscribers.

A subscription helps you enjoy the best of our business content every day along with benefits such as exclusive Financial Times articles, Morningstar financial data, and digital access to the Sunday Times and Times Select.

Already subscribed? Simply sign in below.



Questions or problems? Email helpdesk@businesslive.co.za or call 0860 52 52 00.