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ANC economic policy head Enoch Godongwana spoke during a webinar organised by the Progressive Business Forum on Monday evening about the party’s economic recovery plan, announced last month.Image: SUNDAY TIMES
ANC

ANC does not want to use pension funds to bail out SOEs: Godongwana

There is no truth to speculation that the ANC wants to review regulation 28 of the Pension Funds Act so that it can use pension funds to bail out struggling state-owned enterprises. This is according to Enoch Godongwana, head of the ANC’s…

  • TimesLIVE
The ANC says it is not attempting to grab private pensions through prescribed assets by proposing an amendment to the Pension Fund Act.Image: Picture: 123RF/FLYNT
ANC

ANC in talks to allow pension funds to invest directly in infrastructure projects

The ANC is in discussions with the private pensions industry and the National Treasury on how best to change the law to allow pension funds to invest directly in infrastructure projects. However, the party has reiterated that it is not…

  • TimesLIVE