Eskom gets rescue option as PIC proposes debt-equity swap

2019-07-11 13:55

A proposal by the biggest owner of Eskom's debt to convert its R90bn holding into equity has become a rescue option as South Africa seeks to restructure the troubled power utility.

PIC board clears Matjila of wrongdoing, slams 'distasteful' media reports

2017-09-29 19:44

Meeting on Friday for its third special sitting this month, the board of state pension company the PIC cleared its CEO Daniel Matjila of any wrongdoing.


DA calls for probe into PIC 'smear campaign'

2017-10-01 17:53

The Democratic Alliance intends to ask deputy finance minister and chair of the PIC Sfiso Buthelezi, to launch an investigation into a smear campaign against the investment management company.

Treasury said to ask PIC for R100bn for state-owned enterprises

2017-09-22 19:47

National Treasury is pressuring the Public Investment Corporation to provide as much as R100bn to fund struggling state-owned enterprises, according to two people with knowledge of the situation.

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