Public Investment Corporation

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1h
AllAfrica.com
Sacoil JV to Purchase, Resell Nigerian Crude Oiloperations in Egypt, the Democratic Republic of Congo (DRC), the Republic of Ma
Sacoil JV to Purchase, Resell Nigerian Crude Oil
AllAfrica.com / Posted an hour ago
operations in Egypt, the Democratic Republic of Congo (DRC), the Republic of Malawi and the Republic of Botswana. The Public Investment Corporation (SOC) Limited (PIC) is the largest shareholder of SacOil. SacOil has partnered with the PIC,... Read more
18h
Mail & Guardian
'No ANC meddling' in PICPublic Investment Corporation head Daniel Matjila has denied that the ANC is tr
'No ANC meddling' in PIC
Mail & Guardian / Posted 18 hours ago
Public Investment Corporation head Daniel Matjila has denied that the ANC is trying to get the PIC to sell its Vodacom shares to a BEE consortium. Daniel Matjila says the Vodacom share sale is above board. (Yunus Mohamed, Gallo) Co... Read more
3d
iol.co.za
Barclays ‘pleased’ with bidding warpercent of Barclays Africa owned by the British parent. A bidding war with oth
Barclays ‘pleased’ with bidding war
iol.co.za / Posted 3 days ago
percent of Barclays Africa owned by the British parent. A bidding war with other possible suitors, expected to include the Public Investment Corporation (PIC), for part or all of the stake is now likely. In January, before Barclays confirmed its... Read more
5d
Quartz
Struggling MTN paid bonuses to fired executives, and a major shareholder is lividafter Nigerian regulators fined MTN $5.2 billion. The fine was later reduced to
Struggling MTN paid bonuses to fired executives, and a major shareholder is livid
Quartz / Posted 5 days ago
after Nigerian regulators fined MTN $5.2 billion. The fine was later reduced to $3.9 billion. Bloomberg reports that the Public Investment Corporation (PIC) is displeased with the bonuses. PIC is one of Africa’s largest money managers, which is... Read more
7 related stories
5d
iol.co.za
Umbulali kaHani uzokwazi maduze ngesicelo sikashweleAfrican lender has a market value of R121 billion ($8.3 billion), according to
Umbulali kaHani uzokwazi maduze ngesicelo sikashwele
iol.co.za / Posted 5 days ago
African lender has a market value of R121 billion ($8.3 billion), according to data compiled by Bloomberg. South Africa’s Public Investment Corporation, the biggest money manager on the continent, holds 5.3 percent. Atlas Mara’s pretax profit was... Read more
11 related stories
5d
iol.co.za
All in a day’s work for turtle saversJohannesburg - The Public Investment Corporation, Africa’s largest money manage
All in a day’s work for turtle savers
iol.co.za / Posted 5 days ago
Johannesburg - The Public Investment Corporation, Africa’s largest money manager, described as “excessive” a payment made to former MTN Group chief executive officer Sifiso Dabengwa, who resigned after a record Nigerian fine. “PIC has communicated... Read more
7 related stories
5d
AllAfrica.com
Sacoil Holds Back From Renaissance Pipeline Agreementin the project”. He explained that “the Board felt we didn't want to rush the p
Sacoil Holds Back From Renaissance Pipeline Agreement
AllAfrica.com / Posted 5 days ago
in the project”. He explained that “the Board felt we didn't want to rush the process”. SacOil is 42 percent owned by the Public Investment Corporation (PIC) which manages the bulk of the pension money of South African government workers and is... Read more
6d
iol.co.za
SacOil pauses on Moz ventureis encouraging private companies to develop 3,126 megawatts of gas-fired power.
SacOil pauses on Moz venture
iol.co.za / Posted 6 days ago
is encouraging private companies to develop 3,126 megawatts of gas-fired power. SacOil is 42 percent owned by the Public Investment Corporation, according to data compiled by Bloomberg. The PIC manages the bulk of the pension money of... Read more
7d
Daily Maverick
SA’s Department of Energy in a quandary as SunEdison files for bankruptcy protectionreport, the IDC states that it invested R14-billion in support of the REIPPP pr
SA’s Department of Energy in a quandary as SunEdison files for bankruptcy protection
Daily Maverick / Posted 7 days ago
report, the IDC states that it invested R14-billion in support of the REIPPP programme over the last four years. The Public Investment Corporation (PIC) and various development finance institutions (DFIs) are also involved. Impact on... Read more
9d
iafrica.com
PIC talks to black investors over VodacomThe Public Investment Corporation is in talks with black investors who are seek
PIC talks to black investors over Vodacom
iafrica.com / Posted 9 days ago
The Public Investment Corporation is in talks with black investors who are seeking to buy a stake in the Vodacom Group, PIC chief executive Dan Matjila confirmed. The PIC manages the bulk of government employee pension funds. In 2015, the... Read more
10d
News 24 South Africa
Fund for black property developers only – Ramokgopaprogramme, said Mayor Kgosientso Ramokgopa, on Thursday. The city was entering
Fund for black property developers only – Ramokgopa
News 24 South Africa / Posted 10 days ago
programme, said Mayor Kgosientso Ramokgopa, on Thursday. The city was entering into a memorandum of understanding with the Public Investment Corporation to access funding for black developers, he said during his state of the city address. It was... Read more
17d
Daily Dispatch
PIC cautious on investmentsThe Public Investment Corporation (PIC)‚ which has R1.85-trillion in assets und
PIC cautious on investments
Daily Dispatch / Posted 17 days ago
The Public Investment Corporation (PIC)‚ which has R1.85-trillion in assets under management‚ is to take a more cautious approach to investing in state-owned enterprises (SOEs). It invests on behalf of the Government Employees Pension Fund (GEPF)‚... Read more
17d
The Times & The Sunday Times
Is this why the Guptas zipped out of South Africa?Corporation (IDC) to lend Oakbay the money after the more natural state institu
Is this why the Guptas zipped out of South Africa?
The Times & The Sunday Times / Posted 17 days ago
Corporation (IDC) to lend Oakbay the money after the more natural state institution to help with such a deal, the Public Investment Corporation, turned it down as a bad buy. But at that price, it was a snip if things had gone the right... Read more
87 related stories
17d
AllAfrica.com
AfDB President Strengthens Alliances in South AfricatheDevelopment Bank of Southern Africa (DBSA), Industrial Development Corporati
AfDB President Strengthens Alliances in South Africa
AllAfrica.com / Posted 17 days ago
theDevelopment Bank of Southern Africa (DBSA), Industrial Development Corporation (IDC), Eskom, Transnet, Landbank and the Public Investment Corporation (PIC). The African Development Bank President was also received by President Jacob Zuma. The... Read more
19d
Mail & Guardian
Mcebisi Jonas cautions against PIC investment in shaky parastatalsDeputy Finance Minister Mcebisi Jonas on Tuesday said the national treasury had
Mcebisi Jonas cautions against PIC investment in shaky parastatals
Mail & Guardian / Posted 19 days ago
Deputy Finance Minister Mcebisi Jonas on Tuesday said the national treasury had cautioned the Public Investment Corporation (PIC) against investing in state-owned enterprises that were struggling to get their finances into order. “We have not... Read more
19d
iol.co.za
Jonas warns against PIC investment in shaky SOEsParliament – Deputy Finance Minister Mcebisi Jonas on Tuesday said the National
Jonas warns against PIC investment in shaky SOEs
iol.co.za / Posted 19 days ago
Parliament – Deputy Finance Minister Mcebisi Jonas on Tuesday said the National Treasury had cautioned the Public Investment Corporation (PIC) against investing in state-owned enterprises that were struggling to get their finances into order. “We... Read more
23d
iol.co.za
PIC attacks SA pay policiesJohannesburg - The Public Investment Corporation, which oversees the bulk of th
PIC attacks SA pay policies
iol.co.za / Posted 23 days ago
Johannesburg - The Public Investment Corporation, which oversees the bulk of the South African government’s pension money, voted against pay policies at more than one third of the annual general meetings it attended between July and September last... Read more
24d
AllAfrica.com
Labour's UIF On Increasing Allocation On Job Creation Investmentwe managed to create 56 000 jobs, he said. "We are targeting sectors that are s
Labour's UIF On Increasing Allocation On Job Creation Investment
AllAfrica.com / Posted 24 days ago
we managed to create 56 000 jobs, he said. "We are targeting sectors that are shedding jobs like mining and steel. We gave Public Investment Corporation the mandate to focus on such sectors. "Seruwe said. "We are also trying to streamline the... Read more

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