Skip to content

South Africa / Government Employees Pension Fund / $1.3 Billion to Job-Growth Funds – Bloomberg

May 30, 2013

Job Market Monitor

South Africa’s Government Employees Pension Fund, Africa’s biggest, said it allocated 13 billion rand ($1.3 billion) to three new funds targeted at boosting employment and economic growth.

The Public Investment Corp., which manages most of the GEPF’s money, committed 5 billion rand to an environmental sustainability fund, 3 billion rand for a “priority sectors” fund and 5 billion rand for a private-equity fund, the Pretoria-based GEPF said in an e-mailed statement today. The environmental fund will invest in renewable energy and create about 3,000 jobs, while the priority sectors fund will target employment in manufacturing, agriculture, tourism and mining.

“It is prudent to invest in projects that contribute to economic growth and job creation,” John Oliphant, the GEPF’s principal officer, said in the statement.

Chosen excerpts by Job Market Monitor


via South Africa’s GEPF Allocates $1.3 Billion to Job-Growth Funds – Bloomberg.

View original post


From → Uncategorized

Leave a Comment

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )


Connecting to %s

chris fischer photography

just a moment in time . . .

What Happened to the Portcullis?

An independent view on developments affecting Customs & Trade in sub-Saharan Africa


Shaping the Laws that Shape Our Lives


Come join the magic as I traverse along life's path, exploring, learning and aiming to inspire...

Canada's great, shareable stories

The Blog

No Ordinary Resort

African Travel Concept

Leading the way in Southern Africa


Breath of Life ~ Living Out The Story That's Still Being Written


a live well blog for women

The Cricket World

News & Information


"When you change the way you look at things, the things you look at change."

Underwater Apprentice

Learning to appreciate the world beneath the surface


Journalist specialising in the Horn of Africa and Southern Africa

Photos from South Africa

Stories and pictures from my photography internship in South Africa

The Daily Widget

Tech & Startup News

Janaline's world journey

My Strange, Wonderful Experiences and Adventures as I Travel through the World

If It Was Today...

Eat, Drink, Travel, Write...

Road Works

Reading for the Road: Literature for Travel


Just another site

Pueblo Lands

Political economy of the San Francisco Bay Area

%d bloggers like this: