Finance Minister Enoch Godongwana has admitted that National Treasury made a mistake when it allowed pension funds and other asset managers to increase their offshore holdings
Thanks to Bidenflation, buying a house is more expensive than ever. But Democratically controlled states are trying to make the housing crisis even worse by passing strict energy restrictions that will drive up the cost of new construction.
'Workers will retire with at least double the income replacement ratios compared with now and will have access to 30% of their retirement income to help in times of economic shocks,' says the author.