Public Investment Corporation (PIC)

 
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...
PIC expresses "confidence" in CEO Matjila
PIC expresses "confidence" in CEO Matjila
Dan Matjila, chief executive at the Public Investment Corporation, has kept his job, the state owned asset manager announced on Friday evening.
PIC can’t say no to Lonmin
PIC can’t say no to Lonmin
If the state does ever opt to own South Africa’s mines, it may have to start with Lonmin. It’s already the largest shareholder in the embattled...
Banks ‘can resist’ market shock
Banks ‘can resist’ market shock
The threat of further credit ratings downgrades and the risk that billions of rands may leave South Africa has thrown a light on the Public...
Finance minister debacle cost PIC more than R99bn
Finance minister debacle cost PIC more than R99bn
The Public Investment Corporation (PIC) said on Tuesday that it lost R99 billion on the markets over two days in December after the finance...
'No ANC meddling' in PIC
'No ANC meddling' in PIC
Public Investment Corporation (PIC) chief executive Daniel Matjila has rejected claims that ANC top brass are lobbying the organisation to sell its...
Romeo Kumalo chases PIC stake in Vodacom
Romeo Kumalo chases PIC stake in Vodacom
A week after he announced his resignation from the Eskom board, former Vodacom executive Romeo Kumalo has emerged as a key players in a black...
PPC and investors find common ground on board appointments
PPC and investors find common ground on board appointments
PPC avoided a boardroom coup by shareholders after it agreed to offer investors the chance of board representation.
African Bank receives offer for suspended preference shares
African Bank receives offer for suspended preference shares
African Bank Investments (Abil), the South African lender that collapsed in August, said it received an unsolicited offer from Deep Value Investments for its preference shares....

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