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Tag Archives: PIC

Eskom says will respect court’s decision on electricity tariffs

10 February 2020, 7:21 PM

Eskom says it would respect the High Court’s decision to reject its urgent bid to increase electricity tariff by 16% over the next two years.  The heavily indebted power utility however added that it was encouraged by the judge’s statement that there was merit to its case.

PIC suspends legal proceedings against Steinhoff

4 December 2019, 9:40 AM

The Public Investment Corporation (PIC) says it has suspended legal proceedings against Steinhoff pending the finalisation of a mediation process.

PIC to resume legal action against Steinhoff should mediation fail

3 December 2019, 4:42 PM

PIC says it is ready to resume with legal action against Steinhoff should the mediation process between the two entities fail.

PIC pushes to have Sekunjalo liquidated

13 November 2019, 12:45 PM

The Public Investment Corporation (PIC) has confirmed that it has filed liquidation proceedings against Sekunjalo Independent Media.

Ramaphosa grants extension for PIC report submission

22 October 2019, 5:07 PM

President Cyril Ramaphosa has granted the Commission of Inquiry into the Public Investment Corporation (PIC) an extension to submit its report.

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