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Public Investment Corporation

Coverage of Public Investment Corporation in the Nexus archive.

Earliest in view: Jun 12 · 12:16 UTCMost recent: Jul 22 · 14:33 UTC
Co-mentioned in this coverage
South Africaplace2Enoch Godongwanaperson1Patrick Dlaminiperson1David Masondoperson1Tiisetso Motsoenengperson1News24organization1corruptiontopic1Instabilitytopic1Dangote Refineryorganization1Aliko Dangoteperson1Standard Bankorganization1Nigeriaplace1Kenyaplace1Bambooorganization1Richard Basseyperson1
Recent coverage
  • POLITICSJul 22 · 14:33 UTCSEMAFOR
    Africa's biggest fund manager is caught up in an escalating crisis

    South Africa’s finance minister is preparing to dissolve the board of the Public Investment Corporation (PIC) and remove his deputy, following a governance crisis triggered by the suspension of PIC’s CEO Patrick Dlamini over a flawed $24 million private equity deal. The situation has sparked internal conflict, board resignations, and a political debate over interference in the state-owned fund.

  • BUSINESSJul 22 · 05:03 UTCBLOOMBERG
    South Africa Finance Chief Set to Remove PIC Chairman, N24 Says

    South Africa’s finance chief is preparing to remove his deputy from the chairman position at the Public Investment Corp., a state pension fund manager facing corruption and instability, according to News24.

  • BUSINESSJun 12 · 12:16 UTCSEMAFOR
    Momentum grows for Africa’s largest-ever IPO by Dangote

    Dangote Refinery is preparing for Africa’s largest-ever IPO, aiming to raise $5 billion with a $50 billion valuation by listing on multiple African stock exchanges. The refinery, which began operations in 2024, has expanded its capacity and is supported by financial institutions like Standard Bank and the Public Investment Corporation.