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R2bn investment with PIC won’t affect UIF claims - Oliphant | IOL NewsThe Department of Labour has emphasised that individuals who found themselves without work in the coming year could still secure claims from their UIF contributions.
Source: IOL - 🏆 46. / 51 Read more »
Ayo banks R227 million in interest, after controversial PIC investmentAyo Technology Solutions banked about R227 million in interest by the end of August from the controversial R4.3 billion investment it got from the Public Investment Corporation Does it have any other source of income ? New dawn
Source: City_Press - 🏆 7. / 72 Read more »
Lawyers advised us not to disclose investment info to Parly, says PICThe Public Investment Corporation has said it cannot share information on its investments with Parliament's Standing Committee on Public Accounts, as it may subject the investment manager to litigation. Fin24 🧐🧐🧐Lawyers above the law.... so that’s gonna be the answer to explain like 10000% of the ANC’s behavior 😂😂 Fin24 I smell cover up. They need time to hide corruption. Fin24 What utter nonsense: The PIC is a public body & Parliament represents the people: They have a right to this info & the PIC is obliged to disclose it!
Source: News24 - 🏆 4. / 80 Read more »
Top PIC executive suspended over AYO Technology Solutions investmentThe commission of inquiry probing governance and investment decisiosn at the state asset manager learnt that the corporation's Head of Listed Investments, Fidelis Madavo, has been suspended.
Source: News24 - 🏆 4. / 80 Read more »
Suspended PIC executive denies impropriety in Ayo investmentFidelis Madavo, executive head of the Public Investment Corporation’s Listed Investments unit, was suspended this morning prior to testifying.
Source: TheCitizen_News - 🏆 6. / 75 Read more »