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    Josia Shigwedha

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    Josia Shigwedha

pension reform

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World

French PM meets unions for final talks on pension reforms

  PARIS, France - French Prime Minister François Bayrou has convened industry and union leaders in Paris today for a final round of negotiations, dubbed the 'pension conclave', aimed at resolving widespread discontent over the 2023 pension reforms, which raised the retirement age from 62 to 64. The reforms, backed by President Macron and passed via Article 49.3 in March 2023, provoked national strikes and fierce protests that paralyzed the country. […]

today23 June, 2025

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South Africa

South Africa is changing its retirement rules to help boost country savings: how it will work

      By Adrian Saville, University of Pretoria     A study of 160 countries, spanning 60 years of economic history, establishes that there is no country that has been able to transition from “poor to prosperous” without a high savings rate. And that households - in other words you and me - are one of the most important contributors to a country’s overall level of savings rate. Yet, […]

today29 July, 2024