Episode Details

Stephen Grootes speaks to Zanele Sabela COSATU Spokesperson, about the regulator’s warning that GEMS’s proposed 7.5% contribution hike may be financially unsound and could undermine the scheme’s long-term stability, including risks to its solvency and funding gap concerns. COSATU argues that despite these warnings, civil servants cannot continue absorbing steep medical aid increases amid weak wage growth, insisting that affordability must be prioritised and that GEMS should first tackle inefficiencies and governance costs rather than shift the burden onto members.

The Money Show is a podcast hosted by well-known journalist and radio presenter, Stephen Grootes. He explores the latest economic trends, business developments, investment opportunities, and personal finance strategies. Each episode features engaging conversations with top newsmakers, industry experts, financial advisors, entrepreneurs, and politicians, offering you thought-provoking insights to navigate the ever-changing financial landscape.  
  
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