for subscribers

PIC discloses exact exposure in Surve's media group

Share your Subscriber Article
You have 5 articles to share every month. Send this story to a friend!
Iqbal Surve (File: AFP)
Iqbal Surve (File: AFP)

Cape Town – The Public Investment Corporation (PIC) on Tuesday disclosed details of 250 investments in its unlisted portfolio.

The PIC’s investment in this portfolio totalled R44.6bn in the 2015/16 financial year.

Democratic Alliance MP David Maynier has for five months put pressure on the PIC to disclose the name, type, value, rate of return and the names of all directors of the companies in the unlisted portfolio.

There’s more to this story
Subscribe to News24 and get access to our exclusive journalism and features today.
Subscribe
Already a subscriber? Sign in
ZAR/USD
16.20
(+0.83)
ZAR/GBP
21.21
(+1.09)
ZAR/EUR
19.16
(+1.03)
ZAR/AUD
11.51
(+0.78)
ZAR/JPY
0.15
(+0.93)
Gold
1898.48
(-1.19)
Silver
24.55
(-1.54)
Platinum
873.00
(-1.13)
Brent Crude
42.06
(-3.35)
Palladium
2383.00
(-0.06)
All Share
54769.01
(-1.04)
Top 40
50266.04
(-1.26)
Financial 15
10358.92
(+2.17)
Industrial 25
74113.74
(-0.62)
Resource 10
52815.07
(-3.00)
All JSE data delayed by at least 15 minutes morningstar logo
Company Snapshot
Voting Booth
Please select an option Oops! Something went wrong, please try again later.
Results
Yes, and I've gotten it.
24% - 50 votes
No, I did not.
50% - 103 votes
My landlord refused
26% - 54 votes
Vote