Tags Government Employees Pension Fund

Tag: Government Employees Pension Fund

South Africa sells Vodacom stake to fund Eskom

South Africa sells Vodacom stake to fund Eskom

Cash from the sale of the state's 13.91% stake in Vodacom - to the Public Investment Corporation, which acts for the Government Employees Pension Fund - will finance the multibillion-rand allocation to Eskom. The deal is believed to be worth nearly R29-billion.

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