Latest articles on Public Investment Corporation

Covid-19 causes Acsa to dust off its begging bowl

The SOE has asked the government for R3.5-billion in extra support over the next three years to offset losses incurred because of the pandemic

More arrests expected in the R2.3bn VBS heist

Prosecutors tell the court that more people will be charged and additional charges will be added to the seven accused in a new charge sheet

Justice department hit by a costly cyberattack

The theft of R10-million from the Guardian’s Fund account prompts the justice department to freeze all accounts until an audit can determine the extent of the damage

Ace pulls diplomatic strings for Steinhoff-linked pal

If the ANC general secretary has his way, Ithala chair Roshan Morar could soon be an ambassador

All agree: Use pension funds

The state wants to increase spending on infrastructure to drive economic recovery, and South Africans’ savings could help foot the bill

ANC wants pension funds to finance infrastructure build

The party released its plan for the reconstruction of the country’s post-coronavirus economy on Friday. This would involve changes to Regulation 28 of the Pension Funds Act

Ayo report: CFO acted in the PIC’s interests

A disciplinary inquiry has cleared Matshepo More of all charges, but she remains suspended

Lockdown hampers Edcon business rescue – analysts

Independent retail analyst Syd Vianello says going under business rescue does not mean Edcon will be saved, “it simply gives business rescue practitioners a chance to work out how they can save the company”

Mboweni’s tricky juggling act

Covid-19 has put a strain on the limping economy and something must be done to keep it going

PIC commission – Matjila acted improperly in Ayo deal

The report by the commission that investigated the Public Investment Corporation says the fund manager’s former CEO lied about his involvement in its R4,3-billion investment in Iqbal Surve’s Ayo Technology

Use PIC and pension fund to rescue SA

Pensions aren’t threatened, Eskom will be saved and it’ll boost growth and a low-carbon economy

PIC will only act for clients

The fund chairperson says while they may consider Cosatu’s plan to use state pensions to bail out Eskom, the deal has to be within its ambit

Dan Matjila’s grand plans to save Eskom

The former PIC chief muses over PIC debt-for-equity, privatisation and selling off power stations

‘Be bold, take risks’ to fix economy

Everyone has different solutions, but they all agree that time is running out — and Eskom is the priority

Cosatu has a plan to save Eskom

The union federation says urgent, bold action is needed to keep the state-owned utility (and South Africa) going

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Latest

Traditional healers need new spaces

Proper facilities supported by well-researched cultural principles will go a long way to improving the image and perception of the practice of traditional medicine

Limpopo big-game farmer accused of constant harassment

A family’s struggle against alleged intimidation and failure to act by the authorities mirrors the daily challenges farm dwellers face

Zondo tightens his grip with criminal complaint against Zuma

The state capture commission’s star witness now faces a criminal complaint and another summons

Press Releases

Land reform still a hot potato

The land has got to belong to all the people of South Africa, and many believe that there’s no other mechanism for that except expropriation

UP chemical pathology scientists develop ground-breaking nanobodies for Covid-19 detection and therapy

Nanobodies are smaller than conventional antibodies and easier to work with so they are ideal for good cheap sensitive rapid tests for Covid-19

Inclusion as learned experience in higher education

Understanding the complexity of intersections between oppressions relating to race and gender is key to any commitment to creating a culture of inclusion and social justice

Local government in crisis: how it can be fixed

Local governments are supposed to promote non-racial development, in a decentralised manner, but the reality does not match up

Covid-19 accelerates adoption of technology by the African property sector

It’s not the technology itself that is valuable, it’s the opportunities that it creates: this may be the perfect time for reinvention

BE 1 OF 8 LUCKY PEOPLE TO DRIVE OFF WITH R80 000

From 23 to 30 November 2020, simply purchase any BMW bearing the number “8” and you could be one of eight lucky people to drive off with R80 000

Introducing Sabinet Judgments

A well-rounded view of reported and unreported judgments supplemented by an advanced system to enable users to rapidly find the information they require

The Southern Africa Tuberculosis and Health Systems Support Research and Publication Interventions

The project places emphasis on rolling out a standardised package of occupational health services and mining safety standards across four countries