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South Africa

S.A. Deputy Finance Minister: High Unemployment Delays Retirement for Many

todayAugust 15, 2024 8

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S.A’s deputy minister of Finance David Masondo warns that high unemployment rates prevent many South Africans from entering retirement. Speaking at the Old Mutual Thought Leaders Forum in Johannesburg, Masondo emphasised the need for security in retirement savings, calling for transformation within the retirement system. He calls for ongoing dialogue and improved retirement outcomes for all South Africans:

 

Written by: Leonard Witbeen

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