The Public Investment Corporation has asked Ecobank's chief executive, Thierry Tanoh, to resign immediately over concerns he has abused his position.
Poor performance in New York calls the PIC's valuation of the firm into question
South Africa's biggest fund manager is "in the money already" when it comes to returns on its multibillion-rand investment in Camac Energy.
Investments on behalf of SA's public servants consistently perform better than the JSE.
Pensioners' savings are being put into a high-risk deal involving a controversial oilman accused of doing South Africa down.
Investments and bail-outs by the increasingly activist Public Investment Corporation are incongruous with its role as protector of retirement funds.
The drawn-out battle for Adcock now sees CFR's offer for Adcock now facing resistance from the PIC, which says the offer is not up to scratch.
Nedbank plans to buy a fifth of Ecobank Transnational, which has extensive presence in Africa, for more than $500-million.
Asset managers have advised mining companies to reign in the colossal salaries being awarded to chief executives.
Sekunjalo has rebuffed an approach by the Gupta family to take a stake in Independent News & Media group, says chairperson Iqbal Survé.
Africa’s largest asset manager may invest in more companies linked to the continent’s richest man, as it seeks to tap into growing industries.
South Africa's biggest unsecured lender is rated highly despite increasing bad debt
The Public Investment Corporation would consider investing in the proposed nuclear build programme, if a sound business case was presented.
With R1-trillion under management, Public Investment Corporation (PIC) CE Elias Masilela is arguably the most powerful man in the savings industry.
I never thought I would say this but perhaps it's time to bring General Siphiwe Nyanda back into the communications fold, says Lloyd Gedye.
South African cement giant Afrisam is at the centre of a war between local and international investors.
South Africa's state pension fund Public Investment Corporation has expressed its concern about Freeworld Coatings' handling of the takeover offer.