Parliamentarians are entitled to a good salary and pension benefits, but luxuries have no place in the current economic climate, writes Melanie Verwoerd.
The PIC which invest on behalf of government employees pension funds has increased its stake in Nampak to 20.54%
Mkhwanazi was appointed last year to assist with the turnaround of the embattled EOH, and also served on the board of the PIC and South32.
Ramaphosa appointed the commission in October 2018 to investigate allegations of irregularities at the state-run asset manager.
Dan Matjila bent over backwards to forgive all the debts owed by Iqbal Survé’s media group – and then some.
The Public Investment Corporation has lodged a liquidation application in the Western Cape High Court against the media group holding company over the non-repayment of a 2013 loan.
Last week President Cyril Ramaphosa agreed to extend the PIC commission of inquiry’s deadline to submit a final report.
The Public Investment Corporation has increased its shareholding in mining giant Sibanye-Stillwater from 9.3% to 10%.
There are concerns that businessman Iqbal Survé's Sekunjalo Holdings could be moving assets offshore, PIC interim chair Reuel Khoza tells Business Times.
The reputation of the PIC which recently faced an inquiry into its affairs, can still be repaired, interim chair Reuel Khoza tells Fin24.
The head of Sekunajlo has said a link between comments made by PIC leadership in Parliament on Tuesday and a raid on the his offices offices by the market regulator last week.
The Public Investment Corporation's board has denied claims made in a report that it is flouting due processes in its search for a new CEO.
The presidency says Ramaphosa is still studying the report.
Since Steinhoff's former CEO Markus Jooste abruptly resigned at the start of an accounting scandal in December 2017, the Stellenbosch-headquartered retailer's share price has plummeted by over 95%.
The perfidy of the two doctors – Dan Matjila and Iqbal Survé – is emerging from a matrix of court documents, evidence at the inquiry into the Public Investment Corporation and other information obtained by amaBhungane.
VBS liquidator Anoosh Rooplal will check accepted claims against bank records and adjust or expunge those found to have discrepancies or to be invalid.
Attorney Matodzi Ratshimbilani explains how directors come to be declared delinquent.
The Public Investment Corporation has confirmed the dismissal of portfolio manager Victor Seanie, following a disciplinary process.
South Africa's Public Investment Corporation will meet in November to consider options on how to help Eskom deal with its debt, the Sunday Times reports.
The already-strained relationship between the state asset manager and the Cape Town businessman has worsened.
The PIC board is engaging with Treasury to develop a new remuneration policy for staff, members of Parliament heard.
Cape TownTumaini ConsultingR300 000.00 - R350 000.00 Per Year
Cape TownE-Merge IT RecruitmentR900 000.00 - R1 000 000.00 Per Year
Cape TownAdcorpBlu - Cape TownR11 000.00 - R11 200.00 Per Month
Apartments / Flats
R 12 000
Apartments / Flats
R 985 000
R 13 950
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