PIC appoints acting CEO as two non-executive directors resigns.
By Lehlohonolo Lehana. Africa’s largest asset manager Public Investment Corporation (PIC) has appointed its Chief Financial Officer (CFO) Batandwa Damoyi
By Lehlohonolo Lehana. Africa’s largest asset manager Public Investment Corporation (PIC) has appointed its Chief Financial Officer (CFO) Batandwa Damoyi
By Prinesha Naidoo. Creation Capital is listing a private credit fund in Cape Town Wednesday to bridge a R350 billion ($21 billion)
By Lehlohonolo Lehana. The board of the Public Investment Corporation (PIC) has placed chief executive Patrick Dlamini and its chief
By Thomas Biesheuvel. Diamond giant De Beers plans to halt production at its South African mine for two years, as
By Lehlohonolo Lehana. Rand Merchant Bank (RMB) has appointed Judy Kobus as the chief executive officer of Corporate, entrusting the
By Khuleko Siwele and Adelaide Changole. A selloff in Absa Group shares may have further to run as the South
By Adelaide Changole and Ntando Thukwana. South African economic growth is on an upswing as the nation chips away at
By Lehlohonolo Lehana. The International Monetary Fund (IMF) projects South Africa’s economic growth will remain stable at 1.1%, while lowering
By Lehlohonolo Lehana. Photo Credit: Khaya Ngwenya. Edgars, the 97-year-old fashion and beauty retailer, is entering a new growth phase with plans
By Anthony Di Paola. Abu Dhabi National Oil Co’s retail unit agreed to buy Shell Plc’s fuel stations in South
By Lehlohonolo Lehana. MTN Group President and CEO Ralph Mupita has been named as a commissioner on the AI for
By George Nixon. Investors seeking to insulate their portfolios against turbulence should increasingly look beyond government bonds, which appear to