Exclusive: South Africa targets political figures to chair Africa’s biggest fund

Exclusive: South Africa targets political figures to chair Africa’s biggest fund

The ScoopSouth Africa’s finance minister is weighing appointing political allies to chair Africa’s largest pension fund manager, two sources familiar with his thinking told Semafor, a move that would keep the state’s control over the $200 billion state-owned money manager.Enoch Godongwana is weighing either Zuku Godlimpi, deputy minister in the trade and industry department, or his counterpart in President Cyril Ramaphosa’s office, Seiso Mohai, …