PIC and ex-Telkom CEO join forces for possible Telkom bid
Africa’s largest asset manager, the PIC is backing a possible bid led by the former chief executive of Telkom Ltd for a 35% stake in the telecoms giant.
Africa’s largest asset manager, the PIC is backing a possible bid led by the former chief executive of Telkom Ltd for a 35% stake in the telecoms giant.
Alec Hogg writes on Harith founder, Tshepo Mahloele, after being cleared five times of potentially ruinous allegations.
Culprits must be turned into a Ben la Grange as soon as possible. That’s if South Africa is serious about eradicating corruption.
The JSE delisting trend has continued unabated into the new calendar year as the investment pool on the local bourse continues to slide.
AMAGP: The sympathies of Minister Mboweni lie with Sekunjalo and AYO, not with the pensioners whose interests he is mandated to represent.
South Africa has missed the payment deadline for Covax and the small batch of vaccines that was expected to arrive about mid way through 2021.
The PIC is considering dipping into pension funds to bail out Eskom. The plan has had push back but government says it’s running out of options.
Tito Mboweni says the PIC is working with Eskom and National Treasury to arrange further assistance for the debt-laden SOE
The PIC, Africa’s biggest fund manager, is willing to help power utility Eskom Holdings resolve its debt crisis, says Finance Minister Tito Mboweni.
The PIC has announced that the newly appointed Chief Executive Officer, Abel Sithole, will officially assumed his duties from 1Â August 2020.