PIC discloses exact exposure in Surve's media group

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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.

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