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We have a new Finance Minister and hopefully new energy in government. It is time for the Legislators to reassess the state of retirement savings in South Africa and chart their own course. The focus on cost saving needs to shift to financial inclusion and quality of outcome.
President Cyril Ramaphosa’s 2020 state of the nation address was always going to be a pivotal one with both ratings agencies, investors and the business community holding their collective breaths to see whether the President would finally implement meaningful structural reforms necessary to kick-start a stagnant economy.
If you had to hazard a guess, when do you reckon the COFI Bill will be signed into law?