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 […]
