Many South Africans are relying on the new two-pot retirement system for immediate financial relief
The AYO affair shows the GEPF should stop backing the ANC’s destructive BEE project, pull out of the stock market and support the public sector instead
Journalists’ court case challenges corporates that hide behind legal ‘professional’ privilege’
Survé is expected to testify after Kuben Naidoo, the deputy governor of the South Africa Reserve Bank
Concerns raised by GEPF on investment in Independent Media were overlooked by the PIC
VBS is bankrupt and was liquidated in November, after being placed under curatorship by the South African Reserve Bank in March 2018
The summary of a PwC report sketches an outline of the conspiracy at the heart of efforts to inflate the retail group’s profits and assets
Should the giant be left to sink or should it be helped to stay afloat in South Africa’s retail storm
The GEPF is facing increasing heat over its performance and increasing costs
The suspension of Fidelis Madavo, an executive at the PIC, was announced prior to him taking the stand at the Mpati commission
The suggestion in the ANC’s election manifesto on prescribed assets has drawn fire
The state pension fund is feeling the pain of its stakes in Steinhoff and Independent Media
The departure of Dan Matjila will not hinder the commission of inquiry tasked with probing allegations of maladministration in the PIC
The PIC is a state-owned company tasked with managing nearly R2-trillion in assets, more than 98% of which belongs to the government or its employees
Underwriting a loan between the retailer and its BEE partner has cost the asset manager R3.3-billion
The Cape Town based executive wants the JSE to be held accountable for failing to protect investors’ interests
Its due diligence claims are being questioned after the exposure of several large dubious investments
The Public Investment Corporation has given the cash-strapped parastatal a loan to fund the utility’s operations in February.
After a long silence over the Steinhoff International saga, which cost investors R200-billion, investigators are now kicking up the dust.
The state is dangerously exposed by the utility’s reliance on borrowing and its ‘dire’ financial position must be reversed, experts warn
The threat to pull their pension funds from the corporation may be a long and complicated fight
The corporation needs the fees it charges to manage their pensions so it has to tread warily
Telkom’s turnaround is extraordinary but the state may have to forfeit its rare resource to pay the failed airline’s debts
A contentious idea has resurfaced amid economic turmoil and corruption claims
Africa’s largest retirement fund has considered diversifying almost $22-billion and investing in other emerging markets in Africa and overseas.