Cosatu addresses surplus issue

clock

SOUTH AFRICA - Congress of South African Trade Unions (Cosatu) president, Willie Madisha, will today lead a delegation addressing the finance portfolio committee in parliament on legislation dealing with pension surplus.

The union’s main focus will be the “raiding” of retirement funds by employers. Cosatu said the struggle by employers to acquire these assets is an issue affecting hundreds of thousands of curren...

To continue reading this article...

Join Professional Pensions

  • Unlimited access to real-time news, analysis and opinion from the industry
  • Receive our in-depth monthly magazine in either print or digital format
  • Access our Sustainable Investment Hub covering news and opinion from thought leaders in the ESG space
  • Receive important and breaking news stories selected by the Editors in our daily newsletter
  • Hear from industry experts and other forward-thinking leaders
  • Receive a monthly members-only newsletter with exclusive opinion pieces from leading industry experts and a feature from the magazine in advance of its release date

Join now

 

Already a Professional Pensions
member?

Login

More on Africa

Africa tipped to lead frontier market growth

GLOBAL - Africa and Russia represent some of the best investment opportunities for funds considering emerging and frontier markets, Danish pension funds heard.

clock 20 May 2011 •

MENA region oversold - Mobius

MENA - Mark Mobius is "cautiously" looking to buy oversold quality companies in the Middle East and North Africa, despite increasing volatility in the region.

clock 15 March 2011 •

MENA region still attractive despite unrest

MENA - The Middle East and North Africa (MENA) still offer investors attractive opportunities despite the current political turmoil, ING Investment Management believes.

clock 04 March 2011 •
Trustpilot