VBS is bankrupt and was liquidated in November, after being placed under curatorship by the South African Reserve Bank in March 2018
The state pension fund is feeling the pain of its stakes in Steinhoff and Independent Media
The departure of Dan Matjila will not hinder the commission of inquiry tasked with probing allegations of maladministration in the PIC
The PIC is a state-owned company tasked with managing nearly R2-trillion in assets, more than 98% of which belongs to the government or its employees
The Cape Town based executive wants the JSE to be held accountable for failing to protect investors’ interests
Its due diligence claims are being questioned after the exposure of several large dubious investments
The Public Investment Corporation has given the cash-strapped parastatal a loan to fund the utility’s operations in February.
After a long silence over the Steinhoff International saga, which cost investors R200-billion, investigators are now kicking up the dust.
The state is dangerously exposed by the utility’s reliance on borrowing and its ‘dire’ financial position must be reversed, experts warn
The threat to pull their pension funds from the corporation may be a long and complicated fight
Telkom’s turnaround is extraordinary but the state may have to forfeit its rare resource to pay the failed airline’s debts
A contentious idea has resurfaced amid economic turmoil and corruption claims