Tag: PIC

South Africa’s PIC expands Exxaro stake to 15.15% worth $560 million

South Africa’s PIC has increased its clients’ stake in Exxaro Resources to 15.155%, a holding worth about $560 million.

Omokolade Ajayi Omokolade Ajayi

South Africa regulator probes PIC after CEO suspension raises governance concerns

South Africa’s regulator probes PIC after CEO suspension sparks governance concerns at Africa’s largest asset manager.

Feyisayo Ajayi Feyisayo Ajayi