NEVA MAKGETLA: Use of pension funds to rescue Eskom is a viable option
For most workers, it would be worth sacrificing some future income to avoid retrenchment
17 February 2020 - 15:03
Where you sit in society largely shapes how you see any policy. That truism has come to the fore again in the responses to the Cosatu proposal to use public service retirement funds to rescue Eskom.
For most working people it is the best chance to stabilise the electricity supply, save jobs across the economy and avoid cuts to social programmes. Yet many financial advisers and experts, whose fees largely depend on a booming stock market, have been unrelentingly hostile. ..
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.