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DORMANT FUNDS: Treasury proposes central administrator for R88.6bn in unclaimed assets

South Africa has more than R80-billion sitting in unclaimed financial assets across banking and non-banking sectors. The government’s new proposed solution is the creation of a central administrator responsible for managing all unclaimed benefits, but with a time limit on how long money can be claimed.

Published Aug 26, 2026 · 2:45 PMOriginal source: Daily Maverick5 reads
DORMANT FUNDS: Treasury proposes central administrator for R88.6bn in unclaimed assets
South Africa has more than R80-billion sitting in unclaimed financial assets across banking and non-banking sectors. The government’s new proposed solution is the creation of a central administrator responsible for managing all unclaimed benefits, but with a time limit on how long money can be claimed.
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Daily Maverick

This report is indexed by BAGANBAZAR GRAPH with its original publisher named and linked for readers.

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