Makole Mupita, co-founder and fund principal at Mahlako Financial Services has penned an article where she says that South Africa has enough savings to finance much of the infrastructure development it requires, which is why there is a growing debate about how the retirement savings industry can play a bigger role in financing economic growth.
She goes on to say that South Africa has one of Africa's deepest pools of institutional capital and that pension funds manage approximately R5.8-trillion in assets, around 64% of GDP.
She spoke to Thami Ngubeni to share her thoughts.
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