GEPF invests R13bn to boost job creation, economic growth
Engineering News – ONLINE
29 May 2013
The Government Employees Pension Fund (GEPF) has allocated R13-billion for investment in various sectors of the economy to create jobs and contribute to renewable energy, food security and broad-based black economic empowerment (BBBEE).
The fund has signed private placement memoranda with the Public Investment Corporation (PIC) for investment in three investment funds. The PIC’s Isibaya division will manage the funding. Read more
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