pensioners

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Local

City of Cape Town unites against the unaffordability of basic needs

By Dideka Njemla Several residents and organizations protested the City of Cape Town's electricity tariff increase that was implemented at the start of July. The peaceful protest that took place at the Cape Town Civic Centre on Saturday morning follows several complaints lodged by ordinary Capetonians about two basic needs, electricity, and water. Residents of the city came out in their masses to have their voices heard regarding the unaffordability […]

today26 August 2023

Uncategorized

Government pensions to be hit hard by Steinhoff scandal

As the Steinhoff share price continues to plunge, government employees and pensioners are likely to feel the pinch. Investors have already lost more than a hundred billion rand in value. Moneyweb is reporting that the Government Employees Pension Fund will be hard hit. The fund has shares in the company which is managed by the Public Investment Corporation. It says this will affect provident and pension funds. It also reports […]

today7 December 2017

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