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Home » Posts Tagged "Public Investment Corporation"

Tag Archives: Public Investment Corporation

PIC wants its Eskom bonds converted into equity

28 May 2020, 4:02 PM

The Public Investment Corporation (PIC) has submitted a proposal to government, seeking to convert its bonds in Eskom into equity.

PIC report recommends that monies must be recovered with interest

13 March 2020, 7:02 AM

The much-awaited report that President Cyril Ramaphosa has released on the Public Investment Corporation has recommended that steps must be taken to recover all monies due to the PIC with interest.

Dr Dan Mtjila

Ramaphosa releases anticipated PIC report

12 March 2020, 8:05 PM

President Cyril Ramaphosa on Thursday afternoon released the much awaited Public Investment Corporation (PIC) report.

Sasol set for worst week yet as oil crash speeds investor flight

12 March 2020, 7:25 PM

An oil price crash has wiped R79 billion ($4.8 billion) off the market value of South African petrochemicals group Sasol, adding to the government’s difficulties in shoring up business confidence as giant state-backed companies flounder.

Cosatu warns against failure to help Eskom repay its debt

5 March 2020, 9:00 AM

The Congress of South African Trade Unions (Cosatu) has warned that failure to get Eskom out of its current debt trap could have dire consequences for the entire economy.

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