Stella Ndabeni-Abrahams
1 minute read
30 Sep 2014
6:00 am

Your savings are safe

Stella Ndabeni-Abrahams

Over the past few weeks, both the state and the private sector had been inundated with queries from people who are concerned about the proposed changes to laws that regulate provident fund benefits.

From our side as government, we have acknowledged that our communication on the matter could have been better.

Cabinet has since asked Finance Minister Nene to undertake an aggressive awareness campaign to explain and allay the concerns that have been raised.

Despite this, reports that the government plans to “nationalise” savings continue to spread like wild fire.

– Want to read more? Get your copy of The Citizen at your nearest news agent or sign up for our e-edition.