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...
Two-pot 2.0: now for the investment rethink

Two-pot 2.0: now for the investment rethink

By Vernon Wessels The two-pot system has now been in operation for more than a month – but the hard work has only just begun. While much of the focus has been on the administration and withdrawal processes, the next challenge for trustees is to decide on the...