Krutham

17/06/2026

Krutham’s research manager for infrastructure and the just energy transition, Matthew le Cordeur, will attend the Africa Energy Forum 2026 from 16-19 June at the Cape Town International Convention Centre.

The forum brings together public and private sector stakeholders from across the energy value chain to discuss investment, infrastructure and the future of Africa’s energy sector.

Attending the forum? DM us to discuss infrastructure, energy reform and the just energy transition.

11/06/2026

More accessible formal-sector lending at the bottom of the market would address a root cause the two-pot sytem has highlighted but cannot fix. More layers of the onion remain to be peeled, writes Stuart Theobald in this week’s Business Day column: https://www.krutham.com/insights/stuart-theobald-informal-lenders-benefit-most-from-new-pension-rules/.

We are almost two years into the biggest reform of the pension system for decades. The two-pot system, introduced in September 2024, allows pension savers

11/06/2026

The most consistent beneficiaries of the two-pot system appear to be informal lenders, writes Stuart Theobald in this week’s Business Day column. Read more at https://www.krutham.com/insights/stuart-theobald-informal-lenders-benefit-most-from-new-pension-rules/?utm_source=facebook&utm_medium=social&utm_campaign=business_day_column&utm_content=informal_lenders_pension_rules

We are almost two years into the biggest reform of the pension system for decades. The two-pot system, introduced in September 2024, allows pension savers

11/06/2026

The evidence shows that South African savers are so pressed for cash that a substantial tax penalty is not a deterrent, writes Stuart Theobald in this week’s Business Day column. Read more at https://www.krutham.com/insights/stuart-theobald-informal-lenders-benefit-most-from-new-pension-rules/?utm_source=facebook&utm_medium=social&utm_campaign=business_day_column&utm_content=informal_lenders_pension_rules.

We are almost two years into the biggest reform of the pension system for decades. The two-pot system, introduced in September 2024, allows pension savers

11/06/2026

The debt repayment is not showing up in bank data. If the members currently building retirement pot balances are also accumulating informal debt at high interest rates, they risk arriving at retirement with annuities that are immediately absorbed by creditors. Read Stuart Theobald Business Day column here:

We are almost two years into the biggest reform of the pension system for decades. The two-pot system, introduced in September 2024, allows pension savers

11/06/2026

Today at the 2026 Africa Impact Summit, Krutham's principal for impact capital, Justin Prozesky, will participate in a breakout session on the GSG Impact Africa Policy Toolkit.

Commissioned by GSG Impact and researched by Krutham, the toolkit analyses the policies and regulations that can support the growth of impact economies across Africa.

Connect with Justin to discuss the toolkit and Krutham’s work in impact investing and sustainable finance.

11/06/2026

Research from Old Mutual and Sanlam shows about a third of withdrawals are covering living expenses and between a quarter and half are going to service debt. No-one is buying flat-screen TVs. This is distress spending, not discretionary spending, writes Stuart Theobald in this week’s Business Day column: https://www.krutham.com/insights/stuart-theobald-informal-lenders-benefit-most-from-new-pension-rules/?utm_source=facebook&utm_medium=social&utm_campaign=business_day_column&utm_content=informal_lenders_pension_rules

We are almost two years into the biggest reform of the pension system for decades. The two-pot system, introduced in September 2024, allows pension savers

11/06/2026

The two-pot system, introduced in September 2024, allows pension savers to withdraw a portion of their retirement savings without leaving their jobs. The question now is whether it is working as intended, asks Stuart Theobald in this week’s Business Day column. Read more at https://www.krutham.com/insights/stuart-theobald-informal-lenders-benefit-most-from-new-pension-rules/?utm_source=facebook&utm_medium=social&utm_campaign=business_day_column&utm_content=informal_lenders_pension_rules

We are almost two years into the biggest reform of the pension system for decades. The two-pot system, introduced in September 2024, allows pension savers

11/06/2026

South Africa’s two-pot pension reform is improving retirement preservation, but it has also exposed a deeper credit problem. Krutham chairman Stuart Theobald points out in this week’s Business Day column that many workers are repeatedly withdrawing savings to cover living costs and repay expensive informal debt. This means the next policy priority needs to be better access to affordable formal credit.

For the full article, visit https://www.krutham.com/insights/stuart-theobald-informal-lenders-benefit-most-from-new-pension-rules/?utm_source=linkedin&utm_medium=social&utm_campaign=business_day_column&utm_content=informal_lenders_pension_rules.

We are almost two years into the biggest reform of the pension system for decades. The two-pot system, introduced in September 2024, allows pension savers

10/06/2026

Tomorrow, the Africa Impact Investment Awards take centre stage at the Africa Impact Summit in Lusaka, Zambia.

The awards spotlight excellence in impact investing and sustainable finance across the continent, recognising the organisations and individuals using capital to deliver measurable social and environmental outcomes.

For more on the shortlisted nominees, categories and judging panel, visit https://kaiia.krutham.com