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Pension fund project to build new township gets under way

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The Transport Sector Retirement Fund (TSRF), which has assets under management of R8bn, has embarked on a project to build a new township near Sebokeng, in the Vaal area.

The fund, which represents 70,000 members, in partnership with the government and the financial services sector is building houses, a shopping centre and other facilities in a project worth R2.7bn…