Public Investment Corporation (PIC)

 
New directorate to deal with state capture proclaimed by Ramaphosa
New directorate to deal with state capture proclaimed by Ramaphosa
President Cyril Ramaphosa has proclaimed the establishment of an investigative directorate in the office of the national director of public...
​Holomisa: BEE not worth risking state worker pensions
​Holomisa: BEE not worth risking state worker pensions
Bantu Holomisa, the leader of the United Democratic Movement, has called for the suspension of all unlisted investments at the Public...
PIC given more time to recoup R4.3bn Ayo investment
PIC given more time to recoup R4.3bn Ayo investment
The Public Investment Corporation’s (PIC) deadline to comply with the Companies and Intellectual Property Commission’s (CIPC) compliance notice...
Sagarmatha listing push linked to Survé’s ego, PIC commission hears
Sagarmatha listing push linked to Survé’s ego, PIC commission hears
What has been previously described as a ‘desperate’ attempt to have the Public Investment Corporation (PIC) invest R3-billion in Sagarmatha Technologies was to spare businessman Iqbal Survé the humiliation...
Former PIC officials implicated in VBS heist banned from financial services sector
Former PIC officials implicated in VBS heist banned from financial services sector
Two former Public Investment Corporation (PIC) officials have been debarred from the financial services sector after they were found to be unfit...
PIC man digs himself a deep hole
PIC man digs himself a deep hole
Former Public Investment Corporation (PIC) head of risk and compliance Paul Magula could find himself in hot water as details emerge that he might...
Alarm over PIC Bill pressure
Alarm over PIC Bill pressure
While the Mpati commission continues to deal with claims of Public Investment Corporation (PIC) abuses, a Bill aimed at curbing them is allegedly...
Sagarmatha offered PIC cut-price deal, inquiry hears
Sagarmatha offered PIC cut-price deal, inquiry hears
Sagarmatha was so desperate to secure a R3-billion investment from the Public Investment Corporation (PIC) that it was willing to sell its shares...
Ports body bungles gas deal
Ports body bungles gas deal
The Transnet National Ports Authority (TNPA), which manages the country’s commercial ports, could be sued for about R1-billion because its legal...
PIC liquidated stocks to finance R4.3bn Ayo investment
PIC liquidated stocks to finance R4.3bn Ayo investment
Public Investment Corporation (PIC) shares in companies such as Anglo American were sold in order to free up funds to invest in Ayo Technology...
PIC, Ayo and CIPC to meet in court
PIC, Ayo and CIPC to meet in court
The Public Investment Corporation (PIC) will meet the companies regulator at the high court in Pretoria in a bid to set aside the compliance notice...
Former PIC executive denies wrongdoing in VBS looting
Former PIC executive denies wrongdoing in VBS looting
Paul Magula, a former risk and compliance executive who was sacked by the Public Investment Corporation (PIC) for failing to protect its...

Client Media Releases

SA political parties talk foreign policy
Barloworld announces new group structure
Should I stay or should I grow?
Use Microsoft's eDiscovery for non-Office 365 data sources