How R3.6 Billion in Pension Savings Was Lost on Failed Investments
June 9, 2026 More than R3.6 billion linked to South African public servants’ retirement savings has been written off after investments in 15 companies became completely worthless. The losses involve money managed on behalf of teachers, nurses, police officers and other government employees through the Government Employees Pension Fund (GEPF), the country’s largest pension fund. […]
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