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South Africa

South Africa Forum/Politics

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Ramaphosa assures MPs pension funds used to invest in infrastructure will be protected

ewn.co.za/2025/0...

submitted about 1 year ago by Lthabo1999

Ramaphosa assures MPs pension funds used to invest in infrastructure will be protected

submitted about 1 year ago by Lthabo1999

Ramaphosa assures MPs pension funds used to invest in infrastructure will be protected
  • President Cyril Ramaphosa assured MPs that pensioners' funds used for infrastructure investments will be protected, emphasizing that these are not state resources.
  • He mentioned that amendments to pension fund legislation allow for these investments, which will also encourage more private sector investment in infrastructure.
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