Saving state-owned enterprises: hands off our pensions
Feb 10, 2020
2 minutes
POLITICAL PERSPECTIVE
BY DR JAN VENTER
The Congress of South African Trade Unions (COSATU), an ally of the ANC, wants the government-owned pension fund, the Public Investment Corporation (PIC), and state lenders, the Industrial Development Corporation and Development Bank of Southern Africa, to take over R254 billion of Eskom’s debt.
The PIC’s clients are mostly public sector entities focusing
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