Investment in manufacturing will grow pensions, jobs

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Investment in manufacturing will grow pensions, jobs
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South Africa’s faltering manufacturing industry can create employment and raise exports, providing a much-needed boost to the economy that will ensure sustainable returns for retirement funds

South Africa is trapped in a low-growth loop, which would ordinarily make it challenging for institutional investors such as retirement funds to generate enough returns to grow their assets and adequately meet the needs of their clients when they go on pension.

The saving grace thus far has been larger constituents on the local bourse tending to have more offshore exposure. Nonetheless, this untenable situation of low economic growth must be urgently addressed...You’ve always trusted us to help you navigate the world. Support the Sunday Times by becoming a premium member for only R80 and keep the conversation going. You can cancel anytime.

 

How does one manufacture anything when 30% of working hours there is no electricity Not counting the additional hours to get the machines back up and running at full capacity

Let’s just get them a bit of uncappedfibre and backuppower 😜 Get everything tech here:

'journalism'

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