Addressing the GEPF annual thought leadership conference on Thursday , Godongwana said that there are other opportunities for pension funds to co-invest with the government, especially in the delivery of infrastructure in the country.
He said that pension funds in particular sit on major resources, and investing in infrastructure would be mutually beneficial. “As the government, we are doing our part to create a conducive environment for the private sector to invest in the delivery of infrastructure. We acknowledge that the problem is not merely a lack of private sector desire to invest. The obstacle is often the insufficient supply of investible infrastructure projects.
“This centre of excellence will be a direct interface with private financial institutions for investments in critical government infrastructure programmes. We have also capitalised on the Infrastructure Fund to the tune of R 100 billion, over the next five years,” he said.
They looted everything else and now nothing else left besides our pensions
Fingers itching to get into the pensions piggy bank.
Maahwaaaaaaa!!!
😂😂🤣
no one want to invest in shapeless government
nickhedley But I thought that there were already doing that with our pensions VIA the so called PIC...🤷🏿♀️
Please give us money so that we can loot it and buy bigger Porsches.
No, no & no
Why would they invest in a failing, thieving government?
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