Exchange RatesR/$R/£R/€
2017-08-2113.205816.998515.5122

STAND A CHANCE TO WIN A SMART PHONE OR SHOPPING VOUCHERS BY UPDATING YOUR CONTACT DETAILS WITH NJMPF

Learn how to log into your account to get an up-to-date report on

 

Your Fund, Your Saving, Your Future

LATEST NJMPF NEWS

CIRCULAR FROM SALGBC REGARDING RESTRUCTURING OF MUNICIPAL RETIREMENT FUNDS

The Trustees of the Natal Joint Municipal Funds (NJMPF) have received a circular dated 21 April 2017 from the South African Local Government Bargaining Council (SALGBC)…Read More

MEMBER NEWSLETTER JUNE 2017

In our March newsletter, we advised members to be on the lookout for the NJMPF Mobile Application (App). The NJMPF are excited to announce that the App has been launched. Members are invited to download the App which is available on the Google Play Store and Apple Store…Read More

PENSIONER NEWSLETTER JUNE 2017

In our March 2017 newsletter, Pensioners were informed of the soon to be launched NJMPF Mobile Application (App)….Read More

NJMPF FEATURED IN THE CFI 2017 MAGAZINE

What drives the NJMPF forward, how do they create further momentum…Read More

THE EUROPEAN MAGAZINE 2017

Leading the retirement industry through innovation. Through a system of educating its members and embracing new technology, the NJMPF has found itself out in front among pension fund providers in South Africa…Read More

STAY CONNECTED TO YOUR FUND

To receive all communication by your Fund, we encourage you to keep your contact details updated always...Read More

 


   

 

LATEST NJMPF ARTICLES

15/08/2017- Update on the South African Economy

Moody’s Investor Services did not publish a ratings review of South Africa on Friday as was widely anticipated.  Moody’s has South Africa’s long-term foreign and local currency debt ratings at Baa3, with a negative outlook. It is the only ratings agency that has South Africa’s foreign-currency and rand-denominated debt at investment grade….Link to Article

02/08/2017 – Update on the South African Economy

The South African Reserve Bank governor Lesetja Kganyago warned on Tuesday that the country’s economic recession could deepen unless there was policy certainty on mining and agriculture, the two sectors that contributed to growth in the first quarter……Read More

02/08/2017 – Update on the South African Economy

The Rand continues to weaken against all major currencies after a warning by Moody’s this week about political interference in the country’s economic policy, reignited fears regarding credit ratings downgrades.

 UPDATE ON THE SOUTH AFRICAN ECONOMY

Early this week, the South African Reserve Bank (SARB) leading business cycle indicator remained unchanged, at 95.8 pts for May compared to April. Six of the ten components decreased, while the remainder increased. The largest negative contribution came from lower business confidence, and the largest positive contribution came from an increase in the number of residential building plans passed.

UPDATE ON THE SOUTH AFRICAN ECONOMY

South Africa is evaluating assets it could sell to pay for this month’s 2.2 billion-rand ($169.5 million) bailout of unprofitable carrier South African Airways..Link to artcle


   

 

Your Funds

The Fund administrates 3 Funds namely; the Superannuation and Retirement Fund which are Defined Benefit Funds, and the Provident Fund
which is a Defined Contribution Fund.