RAF goes rogue — and government buries its head in the sand

RAF goes rogue — and government buries its head in the sand

The Road Accident Fund’s long-standing funding woes, compounded by a defiant board and new misconduct claims against its CEO, demand greater scrutiny. By Vernon Wessels South Africa is no stranger to state-owned enterprises hitting the wall. Eskom’s load-shedding,...
What Trump’s tariffs mean for pension funds

What Trump’s tariffs mean for pension funds

The tariff shock is a systemic shock to the global economy, say experts. The question is, how should pension funds that have to plan for the long term respond to these lurches? By Rob Rose It is almost as if the investment market, which underpins your pension, has...
Directors ‘personally liable’ for unpaid contributions

Directors ‘personally liable’ for unpaid contributions

 A court ruling holding private company directors personally liable for unpaid pension contributions sends a clear message: non-compliance will not be tolerated from the C-suite  By Rob Rose  It’s no longer just inept municipal councillors in the firing line for...
Godongwana makes history, nearly leaving Kganyago in a quandary

Godongwana makes history, nearly leaving Kganyago in a quandary

The finance minister’s blocked VAT hike would have left SARB Governor Kganyago in a bind, complicating his efforts to control inflation By Vernon Wessels Either way, finance minister Enoch Godongwana’s budget speech last week would have been a historic moment in South...
Treasury mulls opening taps to both pension pots

Treasury mulls opening taps to both pension pots

The government may now allow access to the savings pot in another major overhaul of South Africa’s retirement system. Amid surging savings withdrawals, critics warn it could jeopardise retirement security. By Rob Rose Hidden away on page 166 of the budget review, deep...