Retirement savings should be ‘put in lockdown’

LOOKING at heaving beaches and queues at liquor outlets the day after President Cyril Ramaphosa lifted South Africa’s beach and booze ban, one would be forgiven for thinking that the president had announced that the coronavirus was a thing of the past, that there was no longer any chance of being infected when standing cheek-by-jowl with strangers.

This latest response to the easing of pandemic-related regulations confirmed what Covid-19 had already shown us: we must often be compelled to act in our own best interests. The National Treasury should apply