As lead sponsor of The Gathering: Media Edition, 10X Investments is proud to line up with Daily Maverick against the crooks and state capturers who nearly brought South Africa to its knees. By Emma Heap, Head of Growth, 10X Investments.

Together we will take aim at another ticking time-bomb of a crisis that is threatening the well-being of hundreds of thousands of workers and savers in the country.

Previously, the focus of Daily Maverick’s The Gathering has been on the capture of South Africa’s politicians. This year, 10X Investments will also shine a light on the capture of so many of South Africa’s pensions.

A significant majority of retirement savers’ funds are tied up in expensive, underperforming products that are designed to enrich an industry rather than serve the savers themselves.

National Treasury has warned that a mere 6% of South Africans are on track for a decent retirement. People are shocked to hear this appalling figure and wonder how that is possible in a country that has had a massive retirement savings industry for many generations.

The truth is that a large part of the blame is laid at the door of this very industry, which is bloated and self-serving, to say the least.

10X Investments is urgently trying to wake South Africans up to the ticking timebomb of a worsening pensions crisis. The company is partnering with  Daily Maverick in a bid to spread the truth faster.

South Africans have been misled before by the very people they are meant to trust. With leadership from entities like Daily Maverick, the captured have fought back and won.

There is no better time or platform to tackle the next fight than at The Gathering: Media Edition at the Cape Town International Convention Centre on August 15.

Attendees are invited to talk to experts from 10X Investments on the day about savings products that will give them the best possible chance of reaching their retirement savings goals.

Want to know the truth today? Ask for a simple free cost comparison to see if your own retirement plans have been captured.

Gallery

Support DAILY MAVERICK & get FREE UBER vouchers every month

An increasingly rare commodity, quality independent journalism costs money, though not nearly as much as its absence can cost global community. No country can live and prosper without truth - that's why it matters.

Every Daily Maverick article and every Scorpio exposé is proof of our dedication to this unshakeable mission. Investing in our news media is by far the most effective investment into South Africa's future.

You can support Independent and Investigative journalism by joining Maverick Insider. If you contribute R150 or more per month you will receive R100 back in UBER vouchers. EVERY MONTH until October 2019.

So, if you'd like to help and do something meaningful for yourself and your country, then sign up to become a Maverick Insider. Together we can Defend Truth.


Days of Zondo

Meet the Watsons: They will make the Guptas look like amateurs

By Ferial Haffajee

Elon Musk has specifically written into their spacesuit designers' contract that they "must look badass".