President Cyril Ramaphosa said during his briefing of the SA National Editors’ Forum (Sanef) in Cape Town that South Africans “weren’t that good” at saving money and that pension funds would therefore have to be the main sources of money to save Eskom.
It is true that the country does not have successful saving mechanisms in place. All the government has succeeded in doing is borrowing money and gaining more debt, which has proven to be a major challenge for this country’s economy...
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