Flash Briefing: Govt publishes Reg 28 rules to tap pension funds; Eskom R2bn 'ghost contract' scandal; Smith; Buffett
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* The National Treasury has published draft amendments to Regulation 28 9of the Pensions Fund Act to encourage investment in infrastructure.
* Public sector unions insist they will accept nothing less than above-inflation salary increases when they enter a fresh round of wage negotiations with the government on Monday, reports the Sunday Times.
* Over R2 billion was stolen from Eskom through a network of ghost service suppliers and well-placed officials, according to City Press.
* Former ANC MP Vincent Smith, who has been arrested in connection with corruption and state capture at Bosasa and the department of correctional services, will see his and his family's assets frozen after the Investigating Directorate obtained a court order, reports the Sowetan.
* The company’s purchase of $9 billion of shares in the fourth quarter matched a record set in the previous three-month period, Buffett said Saturday in his annual letter to investors, reports Bloomberg. Learn more about your ad choices. Visit megaphone.fm/adchoices
* Public sector unions insist they will accept nothing less than above-inflation salary increases when they enter a fresh round of wage negotiations with the government on Monday, reports the Sunday Times.
* Over R2 billion was stolen from Eskom through a network of ghost service suppliers and well-placed officials, according to City Press.
* Former ANC MP Vincent Smith, who has been arrested in connection with corruption and state capture at Bosasa and the department of correctional services, will see his and his family's assets frozen after the Investigating Directorate obtained a court order, reports the Sowetan.
* The company’s purchase of $9 billion of shares in the fourth quarter matched a record set in the previous three-month period, Buffett said Saturday in his annual letter to investors, reports Bloomberg. Learn more about your ad choices. Visit megaphone.fm/adchoices
