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Pension funds will from next year be permitted to invest 45% of their capital in infrastructure projects, the National Treasury has announced. This comes after the department on Tuesday published the final amendments to Regulation 28 of the Pension Funds Act. Regulation 28, issued in terms of section 36(1)(bB) of the Pension Funds Act, protects…

View gallery Image Credit: Frank Micelotta/PictureGroup for Hulu/Shutterstock Khloe Kardashian turned 38 this June! The Keeping Up With The Kardashians star celebrated the milestone by taking to her official Instagram account a few days later. There, she posted some cute snapshots with her 4-year-old daughter True Thompson. Khloe Kardashian and True Thompson (Frank Micelotta/PictureGroup for…

Zhou Guanyu said the halo safety device “saved me today” after he escaped uninjured from the horror multi-car smash at the start of Sunday’s British Grand Prix. Zhou’s Alfa Romeo was catapulted upside down, the Chinese rookie’s head saved by his car’s roll hoop-halo as it skidded off across a gravel trap and over tyre…

Many people are looking for back-up power solutions for their homes and businesses to see them through unpredictable and productivity-killing Eskom load shedding and are also fed up with the rocketing costs of electricity that Eskom cannot reliably or affordably supply. The parlous state of municipalities should also be of great concern, with collapsing infrastructure,…

The Absa purchasing managers’ index (PMI) for June shows a worrying deterioration in demand and activity, as it declined to 52.2 index points in June from 54.8 in May. After a stellar performance at the start of the year, the sector is likely to be a big drag on GDP in the second quarter. The…