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PIC settlement: Pension fund must work for society, not a tiny elite

By Brian Ashley, Dick Forslund and Jaco Oelofsen According to media reports, a deal has been struck outside Court between the Public Investment Corporation (PIC) and Iqbal Survé’s company AYO Technology. Out of the R4.7-billion of GEPF’s funds that GEPF’s manager

Posted in AIDC Tagged with: , , , , , , , , , ,

$750 Million World Bank Loan Myths

On 21 January 2022, the World Bank approved a $750 million (~R11.4 billion) loan to assist the South African fiscus. As part of the Bank’s “development policy loan” (DPL) programme, this loan is expected to have an interest rate of

Posted in Campaigns to Dismantle Corporate Power Tagged with: , , , , , ,