Survé: I will go to PIC commission - just give me notice

Feb 11 2019 20:06

AEEI founder Iqbal Survé has said he is willing to come before the PIC commission of inquiry, if he is given enough notice due to his "international diary". He also wants enough time in the hot seat "to set the record straight".

Investment Holdings

Sekunjalo responds to 'highly defamatory' Survé, PIC article

Feb 10 2019 13:24

The Sekunjalo Group reacts to what it calls a "highly defamatory article" published in the Sunday Times about the PIC's investment in AYO Technology Solutions.

Investment Holdings

PIC investment in Ayo was Surve's piggy bank, Sunday Times reports

Feb 10 2019 10:35

The Sunday Times cites emails, board meeting resolutions and voice recordings, which point to attempts to transfer huge parts of the R4.3bn from Public Investment Corporation out of Ayo's account into other companies owned by Surve.

Investment Holdings

Grand Parade Investments to analyse key performance of executives

Jan 29 2019 20:19

Grand Parade Investments will analyse the key performance indicators of executives as well as the attached weightings and hurdle rates.

Investment Holdings

'Strange' that top PIC exec was suspended on eve of testimony - Fedusa’s Dennis George

Jan 23 2019 13:04

The PIC’s head of listed investments, Fidelis Madavo, was suspended following a probe into the corporation's controversial R4.3bn investment in AYO Technology Solutions.

Investment Holdings

5 tips for moving from start-up to market leader, from the newly named CEO of the year

Dec 16 2018 16:00

Arnoux Mare has grown his business to a national entity with 22 subsidiaries, earning him the 'CEO of the year' title for two years running at the African Leadership Awards. Here are his top five tips for entrepreneurs.

Investment Holdings

PSG pleased with results despite demanding conditions

Oct 16 2018 19:27

JSE-listed investment holding company PSG Group says it has weathered demanding economic conditions during the six months to August 2018.

Investment Holdings

Yale opens door to exit private funds in social investment shift

Oct 11 2018 21:17

Yale University, facing pressure to address ethical issues like gun violence, may consider exiting private equity and hedge fund investments that it deems socially irresponsible.

Investment Holdings

Court orders removal of Grand Parade chair from 'dysfunctional' Hout Bay Trust

Oct 11 2018 17:02

The High Court has ordered the immediate removal of Dr Hassen Adams, chair of empowerment company Grand Parade Investments, as trustee of the Hout Bay Development Trust.

Investment Holdings

Motsepe's ARC to use 'speed dating' to get units talking to each other

Sep 14 2018 19:29

South African billionaire Patrice Motsepe’s African Rainbow Capital Investments plans to improve cooperation between its different ventures by getting them to know each other better - by dating.

Investment Holdings

Motsepe's African Rainbow Capital shows growth in profit

Sep 13 2018 16:35

Black empowerment investment holding company African Rainbow Capital Investments reports growth in the value of its portfolio as well as its profit.

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Investment Holdings

Stadio announces profit, reveals plans for higher education in SA

Sep 03 2018 13:35

Stadio Holdings has increased its income from R34.6m to R301m during the six months to June 2018.

Investment Holdings

General downward valuation of listed investments impacts Brimstone's interim results

Aug 28 2018 17:47

The general downward valuation of listed investments contributed to a loss of R227m compared to a loss of R201m for the same period last year, says CEO Mustaq Brey.

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