EDITOR’S LUNCHBOX: Vacancies and place-holder staff in the public sector make society unstable
Unlike real companies, Eskom, Transnet and Denel had procurement committees, notes Peter Bruce. Why? To facilitate graft
13 September 2018 - 11:53
Stories of Note Bytes from the digital world Even the state has no faith in itself. The state pension fund is throwing its lot as far away from the local market as possible. Principal officer Abel Sithole says it is looking for returns uncorrelated to the country’s fortunes.
Transformation in the financial sector is ripe for the picking. According to the latest transformation survey by 27four Investment Managers, of the R5-trillion in assets available for management by the private sector — only R490bn is managed by black firms...
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