New efforts under way to make SA a building site

The amendment to regulation 28 in 2023, which allowed pension funds and other investors to invest up to 45% of assets under management in infrastructure, has yet to deliver desired results, says Chris Axelson, head of tax and financial sector policy at the National Treasury.

Axelson told the Old Mutual Thought Leaders Forum held last week that asset allocators are complaining about the lack of bankable projects...

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