Kaya 959 Kaya Biz

COSATU disappointed that some pension funds chose to exploit two-pot system by charging unnecessary fees for withdrawals

Loading player...
GUEST – Matthew Parks - COSATU's parliamentary coordinator,
The Congress of South African Trade Unions (COSATU) said it was disappointing that some pension funds had chosen to exploit the two-pot pension system by imposing unnecessary fees on members.
Since coming into effect earlier this year, the South African Revenue Service (SARS) has received 2.2 million applications for withdrawals worth billions of rands.
25 Nov 2024 12PM English South Africa Business News · Investing

Other recent episodes

Ekasinomics: How Col'Cacchio Reinvented Itself

When the pandemic disrupted restaurant trading, Col'Cacchio faced a critical question: how could a restaurant brand continue reaching customers when dining rooms stood empty? Group CEO Etienne Pieterse shares how a supermarket trial during COVID evolved into a growing retail business, the challenges of preserving quality at scale, and the…
14 Oct 12PM 13 min

The First Woman to Chair BMFI

Ramona Maria Grewan has become the first woman to chair Black Management Forum Investments in its 30-year history. In this conversation, she reflects on leadership, governance and transformation, and discusses how black-owned investment vehicles can drive both commercial returns and meaningful economic inclusion in South Africa
14 Oct 12PM 17 min

The Next Decade of African Capital Markets

A decade of regulatory reform, stronger financial infrastructure and expanding investment opportunities has transformed many African capital markets. But despite the progress, challenges around liquidity, foreign exchange access and investor confidence remain. Anthony Kirui, Head of Africa Regional Global Markets at Absa CIB, unpacks how far the continent's markets have…
14 Oct 12PM 14 min

The Future of Responsible Gambling in South Africa

As South Africa's gambling sector evolves, so do concerns around consumer protection and regulation. Ulrik Bengtsson, CEO of Sun International, joins Kaya Biz to talk about the company's new Responsible Gambling Charter, the rise of offshore operators, and how technology could play a larger role in protecting players while supporting…
13 Oct 1PM 9 min

Can AI Change Driving Behaviour & Insurance Outcomes?

What if insurers could prevent accidents before they happen? Gugu Mfuphi speaks to Robert Attwell, CEO of Discovery Insure, about how artificial intelligence, behavioural science and telematics are helping to identify risky driving habits and encourage safer behaviour. The conversation explores whether the future of insurance lies in changing risk…
13 Oct 1PM 13 min
All episodes