Investment in manufacturing will grow pensions, jobs
South Africa’s faltering manufacturing industry can create employment and raise exports, providing a much-needed boost to the economy that will ensure sustainable returns for retirement funds
12 February 2023 - 00:01
South Africa is trapped in a low-growth loop, which would ordinarily make it challenging for institutional investors such as retirement funds to generate enough returns to grow their assets and adequately meet the needs of their clients when they go on pension. The saving grace thus far has been larger constituents on the local bourse tending to have more offshore exposure. Nonetheless, this untenable situation of low economic growth must be urgently addressed...
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
There’s never been a more important time to support independent media.
From World War 1 to present-day cosmopolitan South Africa and beyond, the Sunday Times has been a pillar in covering the stories that matter to you.
For just R80 you can become a premium member (digital access) and support a publication that has played an important political and social role in South Africa for over a century of Sundays. You can cancel anytime.
Already subscribed? Sign in below.
Questions or problems? Email helpdesk@timeslive.co.za or call 0860 52 52 00.