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Will retirement funds be used to support crumbling SOEs?

01 Sep 2019

Interview

Carte Blanche interviews Andrew Canter in their search for answers

Three months after the national election, and assurances from the ANC that it wouldn’t look to hard-earned retirement savings to fund State-owned companies, Carte Blanche tracks the progress of the debate, as the country grapples for solutions to the sovereign debt crisis.

Last week President Cyril Ramaphosa was asked a direct question in parliament about prescribed assets, but his response left more questions than answers about whether or not the ANC will turn its manifesto into policy and force fund managers to invest in the State’s loss-making assets.

 

 

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