Cyril Ramaphosa calls for dialogue on prescribed assets
The president says the matter needs to be discussed with regards to using assets to generate growth, but the DA is opposed to the idea
22 August 2019 - 17:08
President Cyril Ramaphosa has called for a national dialogue on the proposal to utilise private and public pension funds for “developmental purposes”.
Enoch Godongwana, the head of the party’s economic transformation sub-committee, recently proposed that the country consider using private and public pension funds to bail out struggling parastatals, and to avoid an International Monetary Fund (IMF) bailout...
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