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Due diligence: The Mpati Commission found that the PIC had not always adhered to sound policies, processes and frameworks. Photo: Screenshot
ASSET MANAGEMENT

Hunt on for PIC’s lost billions

Despite asset growth to R3.7 trillion, questions persist over distressed loans and legacy investment scandals

  • Brian Sokutu
  • Thabo Shole-Mashao
8 min read
Up and away: Ellipse Waterfall, situated in Waterfall City, Midrand, was developed by the Tricolt Group. Photo: Supplied
ATTACQ

Building confidence builds the economy

Real estate investment trusts are booming, reporting strong results for the interim period ending December

  • Ash Müller
7 min read
ASK ASH

Is Balwin Properties  too bold for the SA market?

A penthouse going for R80 million, and more than 5 000 apartments — all in one development. That’s a big price tag for Gauteng (and for South Africa in general). When it comes to…

  • Ash Müller
8 min read
Religious roots: The Waterfall City development is still owned by the Waterfall Islamic Institute and is leased under a 99-year lease agreement consistent with Islamic law. Photo: Franz Rabe/naturalphoto.co.za
ISLAMIC LAW

Waterfall City founded on Islamic law

The waqf, or endowment, could potentially be a model for state land such as state-owned enterprises and land that falls under traditional leaders

  • Ash Müller
9 min read