Creator
Tebogo Tshwane is an Adamela Trust financial journalism trainee at the Mail & Guardian. She was previously a general news intern at Eyewitness News and a current affairs show presenter at the Voice of Wits FM. Tshwane is passionate about socioeconomic issues and understanding how macroeconomic activities affect ordinary people. She holds a journalism honours degree from Wits University.
The IDC and the PIC extended loans to Sunrise, and now the company is struggling to repay them
From corner bakeries to mines, businesses bear the brunt of the power-cut pain, with alternative energy generation solutions mired in bureaucracy
The state asset manager did not divulge the nature or extent of the alleged interference Matshepo More is alleged to have caused
Initially, when Eskom made its tariff application, it was estimated it would cause 150 000 job losses while hastening the demise of the gold sector
Figures released by Statistics South Africa showed that CPI increased, mainly because of the increased cost of transport and insurance.
Questions about the $1.7-million finders fee arose during the executive assistant to the PIC chief executive Wellington Masekesa’s testimony
‘At family gatherings my uncles would say our clan name with so much pride’
The UDM leader says the Mpati commission should proactively investigate the PIC’s unlisted investments
The CIPC has agreed on an extension of the time limit of that notice from 15 days to 60 days
Attempts to have the PIC invest in the company were allegedly a means to protect the controversial media owner’s feelings
Paul Magula and Ernest Nesane both sat on the board of VBS to guard the PIC’s interests
When asked whether this was ethical, Lebogang Molebatsi said, unless the arrangement was disclosed to other shareholders, “it would not be correct”.
The Transnet National Ports Authority’s failure to act in Saldanha Bay could saddle it with costs
Investment team member testifies about Ayo and Sagarmatha transactions as having come from CEO Matjila
The PIC is struggling to retain skilled investment professionals due to non-competitive salaries and management meddling in investments
Former chief executive Dan Matjila is alleged to have instructed the liquidation of stocks to settle the subscription of Ayo shares
While Ayo and the PIC are seeking the same outcome, it is for different reasons
Paul Magula was dismissed by the PIC in April 2018 for poor performance and failing to protect the PIC from risk and financial loss at VBS
The Public Investment Corporation (PIC) has distanced itself from any notion that it is working with Ayo Technology Solutions
The inquiry into the PIC has heard that the parastatal’s head contravened laws in his bid to expose a whistle-blower
