Asset Management
latest news & developments
Mohai takes helm of new PIC board as governance challenges remain
The Public Investment Corporation (PIC) has welcomed the appointment of its new board, led by chairperson Seiso Mohai, as a crucial step towards restoring stability after a…
Masondo resigns as PIC chair as Godongwana prepares sweeping board overhaul
Public Investment Corporation (PIC) chairperson David Masondo has resigned as Finance Minister Enoch Godongwana prepares a sweeping overhaul of the board of Africa's largest…
Matjila launches R900m damages claim against PIC chief over Lanseria probe
Businessman Kagiso Matjila has launched a R900 million damages claim against Public Investment Corporation (PIC) chief executive Patrick Dlamini, accusing him of unlawfully…
Asset management in an age of uncertainty
Global investing has rarely felt straightforward, but today’s environment is testing asset managers in new and demanding ways. Geopolitical tension, uneven growth, shifting rate…
Hunt on for PIC’s lost billions
Despite asset growth to R3.7 trillion, questions persist over distressed loans and legacy investment scandals
Why the City of Cape Town selling its real estate is not as simple as it looks
Selling too much public property now could limit future opportunities for social housing, community facilities or public projects that only the state can deliver