Mboweni warns against using government employee pension savings - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.

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Finance Minister Tito Mboweni has cautioned against relying on government employee pension savings as the only source of funding to rescue Eskom. BudgetSpeech2020 sabcnews

He says the money should rather come from the pension funds of all South Africans.

He says, “It’s not a bad idea actually but I think we must be very careful that we are not suggesting that only the public service workers pensions must be used to solve Eskom’s problems. If we are going the pension route, it must be also the trade union movement must be very careful that the proposal they must not be about public servants pensions but all pensions.”

 

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