Public Investment Corporation (PIC)

 
Who is buying into AYO?
Who is buying into AYO?
Almost everyone who has acquired a significant number of shares in AYO Technology Solutions since its JSE listing in December is tied somehow to...
Thuma Mina speaks privatisation
Thuma Mina speaks privatisation
Deputy Finance Minister Mondli Gungubele says the government has agreed to sell the assets of some state-owned entities (SOEs) and to allow private...
PIC caught in row over blunders
PIC caught in row over blunders
The board of directors of the embattled Public Investment Corporation’s (PIC) has sought legal advice about suspending its chief executive...
PIC wants to fast-track appointment of forensic investigator
PIC wants to fast-track appointment of forensic investigator
Deputy Finance Minister and Public Investment Corporation chair Mondli Gungubele has said the board of the state-run asset manager is looking to...
Nene demands action from PIC
Nene demands action from PIC
The man at the helm of the R2-trillion Public Investment Corporation, Dan Matjila, is going nowhere for now.
ANC eyes PIC funds to rescue Eskom
ANC eyes PIC funds to rescue Eskom
The idea of using state workers’ pension money to bail out ailing Eskom has again resurfaced, after its latest financial results revealed the...
Sibanye deaths cloud Lonmin deal
Sibanye deaths cloud Lonmin deal
Mining company Sibanye has made news recently for all the wrong reasons — 21 fatalities in eight incidents at three of its mines this...
EFF sets its sights on government positions and MECs bodyguards feel exploited
EFF sets its sights on government positions and MECs bodyguards feel exploited
Dozens of Prasa officials, including senior executives and general managers have been busted for failing to disclose that their business partners...
Holomisa accuses Nene of favouring PIC boss
Holomisa accuses Nene of favouring PIC boss
United Democratic Movement (UDM) leader Bantu Holomisa has accused finance minister Nhlanhla Nene of favouritism after the national treasury...
National Treasury announces independent inquiry into PIC
National Treasury announces independent inquiry into PIC
Public Investment Corporation CEO Dan Matjila is one step closer to learning his fate, as Minister of Finance Nhlanhla Nene informed the board of...
Makhura vows to scrap e-tolls and Eskom is still in deep waters
Makhura vows to scrap e-tolls and Eskom is still in deep waters
Gauteng ANC chairman David Makhura has explained the election of former health MEC Qedani Mahlangu and chief whip Brian Hlongwa to the PEC. Makhura...
Nene: PIC CEO will know his fate by end of the week
Nene: PIC CEO will know his fate by end of the week
Dan Matjila will know his fate by the end of the week, as Minister of Finance Nhlanhla Nene announced on Monday that he had completed his review of...

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