PIC invests R700 million in Africa50 to boost infrastructure development
The Public Investment Corporation (PIC) has invested R740 million in Africa50 Group, becoming its 36th shareholder. This ...
The Nation Newspaper2d
PIC invests $40m in Africa50 Group
The PIC—one of Africa’s largest asset managers—represents the Government Employees Pension Fund (GEPF) of South Africa, and joining Africa50 as a shareholder is an important milestone.
Nairametrics3d
South Africa’s PIC invests $40 million in Africa50 for infrastructure development
Africa50 Group, the pan-African infrastructure investor and asset manager, has announced a $40 million investment from South ...
BusinessTech3d
South Africa’s most powerful corporation and its BEE drive
The Public Investment Corporation (PIC) owns large stakes in most big South African companies, making it the country’s most powerful organisation.
Pensions & Investments10d
GEPF’s Sifiso Sibiya on running a pension fund that backs 'undervalued' South Africa
As emerging markets continue to languish — and in some cases even disappear — from U.S. and European pension fund's asset ...
Hosted on MSN4mon
GEPF invests R879.9m in Grit’s African property development unit
In addition, the GEPF, represented by the Public Investment ... into development projects that were expected to accelerate net asset value and income growth, as well as ESG impact as envisaged ...
Moneyweb12d
Why withdrawing your pension from the GEPF could be your worst financial decision
The GEPF operates as a defined benefit scheme ... Allan Gray Balanced Fund and Coronation Balanced Plus Fund (a multi-asset proxy for investment). From the graph and the table, it is evident ...
Hosted on MSN1mon
After the Bell: Retirement roulette – is a GEPF payment holiday a smart bet?
The GEPF set its increase at CPI for November ... This is something called the balance of assets after contingency reserves measure and this has declined from 75.5% in 2018 to 74.3% as at the ...
Independent Online27d
Financial troubles at Daybreak Farms: PIC's silence during management crisis
The PIC, the largest asset manager on the continent, oversees assets on behalf of the Government Employees Pension Fund (GEPF), the Unemployment Insurance Fund (UIF), and the Compensation Commission.