Public Investment Corporation

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1d
iol.co.za
All the presidential men: Zuma under reviewcorruption charges, claims of rampant nepotism and a Constitutional Court rulin
All the presidential men: Zuma under review
iol.co.za / Posted yesterday
corruption charges, claims of rampant nepotism and a Constitutional Court ruling vis-á-vis Nkandla. Recently, the Public Investment Corporation revealed that it had lost R99 billion within two days of him controversially firing finance... Read more
1d
AllAfrica.com
Kenya's Njoroge Best Governor in Africaeconomist and his bank is one of the more important institutions in Central Afr
Kenya's Njoroge Best Governor in Africa
AllAfrica.com / Posted yesterday
economist and his bank is one of the more important institutions in Central Africa. Daniel Matjila, CEO of South Africa's Public Investment Corporation, a fund with $139bn funds under management was awarded the African Banker Icon, recognising the... Read more
4d
iol.co.za
Cosatu slams govt over economic woesin areas where jobs could be created. The federation would also come to the pa
Cosatu slams govt over economic woes
iol.co.za / Posted 4 days ago
in areas where jobs could be created. The federation would also come to the party and re-look the investments of the Public Investment Corporation, which holds R1.9 trillion of government employees’ money. “But we are going to these... Read more
4d
AllAfrica.com
10th African Banker Awards Continue to Celebrate Excellence in Banking and Finance On the Continenteconomist and his bank is one of the more important institutions in Central Afr
10th African Banker Awards Continue to Celebrate Excellence in Banking and Finance On the Continent
AllAfrica.com / Posted 4 days ago
economist and his bank is one of the more important institutions in Central Africa. Daniel Matjila, CEO of South Africa's Public Investment Corporation, a fund with $139bn funds under management was awarded the African Banker Icon, recognising the... Read more
5d
Daily Dispatch
Lessons learnt from bank’s fallbe fully recovered. The Reserve Bank has also invested R5-billion in the new “
Lessons learnt from bank’s fall
Daily Dispatch / Posted 5 days ago
be fully recovered. The Reserve Bank has also invested R5-billion in the new “good” bank‚ in which it has a 50% stake. The remainder of the shares are equally split between a consortium of banks and the Public Investment Corporation. Reco... Read more
5d
iol.co.za
MTN: Fine won’t be repeatedand ensure he didn’t immediately go to work for a competitor. The compensation
MTN: Fine won’t be repeated
iol.co.za / Posted 5 days ago
and ensure he didn’t immediately go to work for a competitor. The compensation was described as “excessive” by the Public Investment Corporation, Africa’s biggest money manager, when it was made public last month. MTN’s remuneration policy... Read more
7 related stories
6d
AllAfrica.com
Global Investors, Funding Institutions to Meet in TanzaniaEquity Fund, Kibo Capital Partners, CrossBoundary LLC, Metier Sustainable Priva
Global Investors, Funding Institutions to Meet in Tanzania
AllAfrica.com / Posted 6 days ago
Equity Fund, Kibo Capital Partners, CrossBoundary LLC, Metier Sustainable Private Equity, SME Impact Fund, MasterCard, Public Investment Corporation -Africa's largest asset manager and many more The TIFI 2016 world class programme comprises... Read more
8d
iol.co.za
PIC in talks to create group for Barclays Africa bidJohannesburg - The Public Investment Corporation, Africa’s biggest fund manager
PIC in talks to create group for Barclays Africa bid
iol.co.za / Posted 8 days ago
Johannesburg - The Public Investment Corporation, Africa’s biggest fund manager, said it’s forming a group of black investors to buy a stake in Barclays Africa Group in a bid to ensure the bank comes back under the control of South Africans. “There... Read more
9d
iol.co.za
Black-owned media eyes bigger slice of ad pieof The Sunday Independent. The company was acquired by the Sekunjalo Group in 2
Black-owned media eyes bigger slice of ad pie
iol.co.za / Posted 9 days ago
of The Sunday Independent. The company was acquired by the Sekunjalo Group in 2013 with substantial investment from the Public Investment Corporation, the asset manager of the Government Employees Pension Fund, which has a mandate to invest in... Read more
14d
iol.co.za
Ramos emerges as best-value SA bank bosscompete with South African inflation, which averaged 4.6 percent last year. Co
Ramos emerges as best-value SA bank boss
iol.co.za / Posted 14 days ago
compete with South African inflation, which averaged 4.6 percent last year. Compensation at Investec is “excessive”, the Public Investment Corporation, Africa’s biggest money manager and the company’s largest shareholder, said in its proxy voting... Read more
14d
Mail & Guardian
Vodacom boosts growth forecasts on rising network investmentempowerment. “Vodacom is constantly looking at how it can increase its empower
Vodacom boosts growth forecasts on rising network investment
Mail & Guardian / Posted 14 days ago
empowerment. “Vodacom is constantly looking at how it can increase its empowerment shareholding,” Joosub said. The Public Investment Corporation, which bought 14% of Vodacom from the government for about R25-billion last year, has been in... Read more
2 related stories
14d
Mail & Guardian
amaBhungane - Guptas sue for 27.5% of Independent Medialed a broad-based consortium that bought Independent from its Irish owners for
amaBhungane - Guptas sue for 27.5% of Independent Media
Mail & Guardian / Posted 14 days ago
led a broad-based consortium that bought Independent from its Irish owners for R2-billion. The deal was supported by the Public Investment Corporation, which said in Parliament this week that it committed R888-million on the premise that the new,... Read more
15d
The Times & The Sunday Times
Reprieve for GordhanMaynier said an arrest would make Zuma's firing of Finance Minister Nhlanhla Ne
Reprieve for Gordhan
The Times & The Sunday Times / Posted 15 days ago
Maynier said an arrest would make Zuma's firing of Finance Minister Nhlanhla Nene in December look like a minor event. The Public Investment Corporation lost R99-billion in the 48-hours after Nene's axing, the Unemployment Insurance Fund R7-billion... Read more
15d
iol.co.za
Zuma remains defiant on Van Rooyen fiascothat the short-lived appointment cost the country’s economy approximately R500b
Zuma remains defiant on Van Rooyen fiasco
iol.co.za / Posted 15 days ago
that the short-lived appointment cost the country’s economy approximately R500bn. Parliament also heard this week that the Public Investment Corporation (PIC), which governs government pensions, lost almost R100bn. Zuma made an indirect appeal to... Read more
2 related stories
19d
Eye Witness News
The president and his merry band of destroyersare able to rectify our mistakes”. Well, this week we learnt that that ‘mistak
The president and his merry band of destroyers
Eye Witness News / Posted 19 days ago
are able to rectify our mistakes”. Well, this week we learnt that that ‘mistake’ created an over R100 billion loss for the Public Investment Corporation. And yet, there has been no accountability for what Sackur called a ‘mess’ of such... Read more
20d
AllAfrica.com
PIC Lost R99 Billion Within 48 Hours of '9/12'follows questions from David Maynier MP in the Standing Committee on Finance Po
PIC Lost R99 Billion Within 48 Hours of '9/12'
AllAfrica.com / Posted 20 days ago
follows questions from David Maynier MP in the Standing Committee on Finance Portfolio Committee meeting today. Today, the Public Investment Corporation conceded that it lost R99 billion within 48 hours of President Jacob Zuma firing former... Read more
5 related stories
20d
The Times & The Sunday Times
Solidarity sues over pension losses caused by Nene’s axingDavid van Rooyen – only to replace him three days later with Nene’s former boss
Solidarity sues over pension losses caused by Nene’s axing
The Times & The Sunday Times / Posted 20 days ago
David van Rooyen – only to replace him three days later with Nene’s former boss Gordhan. State-owned investment group the Public Investment Corporation lost nearly R100-billion within 48 hours of Zuma firing Nene. The currency reached an all-time... Read more
2 related stories
20d
Daily Dispatch
Solidarity sues over pension losses caused by Nene’s axingDavid van Rooyen – only to replace him three days later with Nene’s former boss
Solidarity sues over pension losses caused by Nene’s axing
Daily Dispatch / Posted 20 days ago
David van Rooyen – only to replace him three days later with Nene’s former boss Gordhan. State-owned investment group the Public Investment Corporation lost nearly R100-billion within 48 hours of Zuma firing Nene. The currency reached an all-time... Read more
2 related stories
20d
Daily Maverick
Cape Times Dasnois settlement: No place for truly independent editorsMedia (SIM) holds a 55% balance in the consortium that bought O’Reilly’s little
Cape Times Dasnois settlement: No place for truly independent editors
Daily Maverick / Posted 20 days ago
Media (SIM) holds a 55% balance in the consortium that bought O’Reilly’s little treasure trove while controversially the Public Investment Corporation (PIC), a government agency which controls the Government Employers Pension Fund (GEPF), holds... Read more
20d
iol.co.za
Nene’s axing cost PIC R99bnParliament – The Public Investment Corporation (PIC) on Tuesday conceded that i
Nene’s axing cost PIC R99bn
iol.co.za / Posted 20 days ago
Parliament – The Public Investment Corporation (PIC) on Tuesday conceded that it had lost R99 billion on the markets over two days in December following the firing of then finance minister Nhlanhla Nene and agreed to disclose more detail, at a future... Read more
5 related stories
20d
Daily Dispatch
Des van Rooyen’s stint as finance minister wiped R95bn off state pensionsemployees lost R95 billion in the two days last December that Des van Rooyen wa
Des van Rooyen’s stint as finance minister wiped R95bn off state pensions
Daily Dispatch / Posted 20 days ago
employees lost R95 billion in the two days last December that Des van Rooyen was finance minister‚ the CEO of the Public Investment Corporation‚ Dan Matjila‚ told Parliament on Tuesday. Dr Matjila‚ who was briefing Parliament’s portfolio... Read more
20d
Eye Witness News
'PIC lost R100bn within 48hrs of Nene’s axing'Jacob Zuma. Jacob Zuma,Nhlanhla Nene removed as the finance minister,PIC CAPE
'PIC lost R100bn within 48hrs of Nene’s axing'
Eye Witness News / Posted 20 days ago
Jacob Zuma. Jacob Zuma,Nhlanhla Nene removed as the finance minister,PIC CAPE TOWN - State-owned investment group the Public Investment Corporation (PIC) lost nearly R100 billion within 48 hours of President Jacob Zuma firing of former Finance... Read more
5 related stories
21d
iafrica.com
Nene sacking cost PIC R100bn - CEOThe Public Investment Corporation lost more than R100-billion when President Ja
Nene sacking cost PIC R100bn - CEO
iafrica.com / Posted 21 days ago
The Public Investment Corporation lost more than R100-billion when President Jacob Zuma fired Nhlanhla Nene as finance minister, PIC chief executive Daniel Matjila said. Matjila appeared before Parliament's standing committee on finance on Tuesday... Read more
5 related stories
21d
IAfrica South African Business News
Nene sacking cost PIC R100bn - CEOThe Public Investment Corporation lost more than R100-billion when President Ja
Nene sacking cost PIC R100bn - CEO
IAfrica South African Business News / Posted 21 days ago
The Public Investment Corporation lost more than R100-billion when President Jacob Zuma fired Nhlanhla Nene as finance minister, PIC chief executive Daniel Matjila said. Matjila appeared before Parliament's standing committee on finance on Tuesday... Read more
5 related stories
23d
iol.co.za
Bank on a shake-up with PIC's foray into Africahad been missing before the Afrexit, writes Victor Kgomoeswana. There is somet
Bank on a shake-up with PIC's foray into Africa
iol.co.za / Posted 23 days ago
had been missing before the Afrexit, writes Victor Kgomoeswana. There is something exciting about the announcement by the Public Investment Corporation (PIC) that it will be buying 12 percent of Barclays Africa. The move upholds the pledge by its... Read more
24d
Daily Dispatch
State punts R70bn initiative to ramp up economic growthThe Public Investment Corporation (PIC) would make developmental investments wo
State punts R70bn initiative to ramp up economic growth
Daily Dispatch / Posted 24 days ago
The Public Investment Corporation (PIC) would make developmental investments worth R70-billion in the next three to five years‚ which would drive economic growth and job creation‚ Deputy Finance Minister Mcebisi Jonas said in parliament on... Read more
25d
AllAfrica.com
Public Investment Corporation to Invest R70 Billion in SA's DevelopmentPretoria — The Public Investment Corporation (PIC) will put R70 billion towards
Public Investment Corporation to Invest R70 Billion in SA's Development
AllAfrica.com / Posted 25 days ago
Pretoria — The Public Investment Corporation (PIC) will put R70 billion towards developmental investments in the next few years to drive economic growth and job creation. Tabling the National Treasury Budget Vote on Wednesday, Finance Deputy... Read more
25d
iol.co.za
PIC confirms Barclays dealJohannesburg - The Public Investment Corporation (PIC) has agreed to buy a 1.2
PIC confirms Barclays deal
iol.co.za / Posted 25 days ago
Johannesburg - The Public Investment Corporation (PIC) has agreed to buy a 1.2 percent stake in Barclays Africa of the 12.2 percent stake that was sold by the Barclays Group yesterday. Business Report can today reveal that PIC confirmed its... Read more
5 related stories
25d
Eye Witness News
Barclays raises $876m from African business share saledid not give details of the investors who took part in the placing but a source
Barclays raises $876m from African business share sale
Eye Witness News / Posted 25 days ago
did not give details of the investors who took part in the placing but a source familiar with the matter said the Public Investment Corporation (PIC) took up 10.3 million shares, or a tenth of the $876 million, the most by a single... Read more
5 related stories
25d
Business Standard India
Barclays sells stake in African biz for $882 mnbank said on Wednesday that the shares would be sold in a private offering to i
Barclays sells stake in African biz for $882 mn
Business Standard India / Posted 25 days ago
bank said on Wednesday that the shares would be sold in a private offering to institutional investors. It added that the Public Investment Corporation, an investment manager owned by the South African government, had agreed to buy up to 10.3... Read more
26d
International Business Times
Barclays raises £600m after selling stake in its African business it did not disclose any details of the investors who took part in the placing.
Barclays raises £600m after selling stake in its African business
International Business Times / Posted 26 days ago
it did not disclose any details of the investors who took part in the placing. However, South Africa's state pension fund Public Investment Corporation (PIC), Africa's biggest fund manager, revealed on 4 May that it was planning to purchase up to... Read more
5 related stories
26d
AllAfrica.com
Minister Edna Molewa - Environmental Affairs Dept Budget Vote 2016-2017We are working with the Departments of Small Business Development and Labour, I
Minister Edna Molewa - Environmental Affairs Dept Budget Vote 2016-2017
AllAfrica.com / Posted 26 days ago
We are working with the Departments of Small Business Development and Labour, Industrial Development Corporation (IDC), Public Investment Corporation (PIC) and other DFI's on various financing models to ensure massive scale-up, transformation... Read more
26d
Reuters
Barclays makes $876 million from African business share salesaid. Barclays did not give any details of the investors who took part in the
Barclays makes $876 million from African business share sale
Reuters / Posted 26 days ago
said. Barclays did not give any details of the investors who took part in the placing. South Africa's state pension fund Public Investment Corporation (PIC) said on Wednesday it planned to acquire up to 10.3 million shares. PIC, Africa's largest... Read more
5 related stories
26d
iol.co.za
Barclays boosts its key capital ratiodid not give any details on the investors who took part in the placing, but Sou
Barclays boosts its key capital ratio
iol.co.za / Posted 26 days ago
did not give any details on the investors who took part in the placing, but South Africa's state pension fund Public Investment Corporation (PIC) was in discussions on Wednesday to acquire up to 10.3 million shares. The PIC, Africa's... Read more
5 related stories
26d
RTE News
Barclays raises £603m from African business saledid not give any details on the investors who took part in the placing, but Sou
Barclays raises £603m from African business sale
RTE News / Posted 26 days ago
did not give any details on the investors who took part in the placing, but South Africa's state pension fund Public Investment Corporation (PIC) was in discussions on Wednesday to acquire up to 10.3 million shares. PIC is Africa's... Read more
26d
Market Watch
Barclays raises $875.56 million from placingSouth African Rand ($4.5) a share. In the statement Wednesday Barclays said th
Barclays raises $875.56 million from placing
Market Watch / Posted 26 days ago
South African Rand ($4.5) a share. In the statement Wednesday Barclays said that South Africa's state pension fund, The Public Investment Corporation SOC Ltd., has agreed to buy up to 1.2% of Barclays Africa's shares. The rest of the shares will... Read more
26d
iol.co.za
Barclays begins offloading Africa businessit would sell 103.6 million shares in BAG, with up to 10.3 million shares going
Barclays begins offloading Africa business
iol.co.za / Posted 26 days ago
it would sell 103.6 million shares in BAG, with up to 10.3 million shares going to South African state pension fund Public Investment Corporation (PIC). “This is an important first step as we seek to reduce our shareholding in Barclays... Read more
5 related stories
26d
Belfast Telegraph
Barclays sells 12.2% stake in Barclays Africa Groupdown its stake in the lender. The bank said it is selling 103.6 million shares
Barclays sells 12.2% stake in Barclays Africa Group
Belfast Telegraph / Posted 26 days ago
down its stake in the lender. The bank said it is selling 103.6 million shares, with South African state pension fund Public Investment Corporation (SOC) taking up to 10.3 million. It added that it has received interest from "numerous... Read more
29d
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 29 days 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
30d
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 30 days 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
m
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 1 months 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

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