Tag: Public Investment Corporation

Balwin Properties
BusinessHot News

Balwin Properties shareholders approve Bidco takeover and delisting   

Balwin Properties takeover wins 98.48% shareholder approval, clearing a key hurdle for Bidco’s planned JSE delisting.

Timilehin Adejumobi Timilehin Adejumobi
Patrick Dlamini, PIC CEO
BusinessHot News

PIC CEO Patrick Dlamini vows to cooperate with investigations after return

PIC CEO Patrick Dlamini pledges to cooperate with investigations after reinstatement as the asset manager faces wider scrutiny.

Timilehin Adejumobi Timilehin Adejumobi
Patrick Dlamini, PIC CEO
BusinessHot News

PIC CEO Patrick Dlamini to resume duties after court overturns suspension 

PIC CEO Patrick Dlamini will return after a court overturned his suspension, ruling the board lacked authority to remove him.

Timilehin Adejumobi Timilehin Adejumobi
Seiso Mohai, new PIC's chair
BusinessHot News

PIC names Seiso Mohai chair as Cabinet approves board changes   

South Africa’s PIC appoints Seiso Mohai as chair after leadership turmoil sparks major board restructuring.

Timilehin Adejumobi Timilehin Adejumobi
Batandwa-Damoyi, Acting CEO of PIC
BusinessHot News

PIC appoints Batandwa Damoyi as acting CEO after leadership change

Batandwa Damoyi becomes PIC acting CEO after Patrick Dlamini's suspension as the asset manager faces governance scrutiny.

Timilehin Adejumobi Timilehin Adejumobi
PIC deepens stake in Sibanye-Stillwater miner
BusinessHot News

Africa’s largest asset manager PIC’s stake in Sibanye now worth $1.7 billion

PIC lifts its stake in Sibanye-Stillwater to $1.7 billion, signaling confidence in South Africa’s mining sector.

Feyisayo Ajayi Feyisayo Ajayi
PIC deepens stake in Sibanye-Stillwater miner
BusinessHot News

Africa’s largest asset manager, PIC takes $330 million more shares in Sibanye-Stillwater

PIC ups Sibanye stake to 20.2% with $329.61 million deal, signaling renewed faith in the miner ahead of Froneman’s September retirement.

Feyisayo Ajayi Feyisayo Ajayi