Public Investment Corporation (PIC)

 
PIC caught up in Eskom’s woes
PIC caught up in Eskom’s woes
The Public Investment Corporation’s (PIC) decision to extend a R5-billion bridging loan to Eskom appears to have walked a fine line when it comes...
PIC gives Eskom R5-billion lifeline
PIC gives Eskom R5-billion lifeline
Eskom received a lifeline on Monday when the Public Investment Corporation (PIC) agreed to grant it a short term loan of R5-billion, to keep the...
Eskom chief Hadebe is Mr Fix-it
Eskom chief Hadebe is Mr Fix-it
There is a story I was told about Eskom’s new interim chief executive Phakamani Hadebe and his time at the treasury.
Digging under way after Steinhoff collapse
Digging under way after Steinhoff collapse
After a long silence over the Steinhoff International saga, which cost investors R200-billion after reports of alleged fraud emerged, investigators...
Eskom has a problem, a R20-billion problem
Eskom has a problem, a R20-billion problem
Floundering power utility Eskom says its situation is dire and it needs R20-billion to keep the lights on until March.
Snubbing Steinhoff has paid off
Snubbing Steinhoff has paid off
In just days after the Steinhoff saga began to unfold rapidly, a few investigations were initiated but many more fingers were pointed, and several...
Steinhoff implosion staggers SA
Steinhoff implosion staggers SA
The collapse of Steinhoff International’s share price this week, following allegations of accounting fraud, is being described as the biggest...
Flailing giant Eskom a threat to SA
Flailing giant Eskom a threat to SA
Is Eskom, and by extension the country, facing a financial reckoning? The beleaguered utility is deemed to be too big to fail, given the government’s exposure to its debt and the fact that it is the economy’s major supplier of power....
Gigaba wants forensic probe into allegations into 'governance concerns' at PIC
Gigaba wants forensic probe into allegations into 'governance concerns' at PIC
Finance minister Malusi Gigaba has asked the board of the Public Investment Corporation (PIC) and its chief executive Dan Matjila to conduct...
State worker unions put PIC on notice
State worker unions put PIC on notice
Public sector unions will take to the streets if necessary to protect their members’ pensions, said Ivan Fredericks, the general manager of the...
Index funds rocking in hard places
Index funds rocking in hard places
Investors who have been searching for ways to make healthy returns on their investments, without having to pay a chunk of their profit in fees to a...

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