October 2020

South Africa. Lockdown forced many to dip into retirement savings to make ends meet – report

Nompu Sizela: Investment manager 10X released its third iteration of the Retirement Reality Report. Previous reports have highlighted the fact that the vast majority of working South Africans are not putting themselves in a position where they’ll be able to retire comfortably. And this year, with the economic impact of the Covid-19 pandemic, the outlook has further worsened. Read also Pension fund of S.Africa’s Eskom to invest $170 mln in U.S. projects Well, to tell us more I’m joined on the...