Your pension funds are needed to finance Eskom — but there is no reason to run scared
Investment experts have cautiously welcomed a proposal by the head of the ANC economic transformation committee‚ Enoch Godongwana‚ that the Public Investment Corporation — which administers government pensions and is the country’s largest pension fund manager — and private funds buy into the cash-starved power utility.
But they warn that the deals would need to be structured to ensure the absolute protection of investors.
You can save Eskom
Your pension funds are needed to finance Eskom — but there is no reason to run scared
Investment experts have cautiously welcomed a proposal by the head of the ANC economic transformation committee‚ Enoch Godongwana‚ that the Public Investment Corporation — which administers government pensions and is the country’s largest pension fund manager — and private funds buy into the cash-starved power utility.
But they warn that the deals would need to be structured to ensure the absolute protection of investors.
Would you like to comment on this article?
Register (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Trending
Latest Videos