Public Investment Corporation.
South African state-owned asset management firm
- Reports this week
- 1
- Active events
- 1
- Connections
- 48
What's happening
Active this week
One to three months ago
-
PIC manages government employee pension savings in South Africa.Some support3 reports1 development inside
-
The Public Investment Corporation is facing scrutiny in Parliament regarding losses incurred from investments made using pension money from Isibaya.Some support1 report
-
PIC jointly owns V&A Waterfront in Cape Town, which is reportedly boosting property values in the nearby Green Point area.Some support1 report
-
Public Investment Corporation in Denmark was benchmarked against stronger worker activism models.Some support1 report
-
PIC, the largest shareholder, is overseeing Northam Platinum operations in South Africa, reporting results on the JSE.Some support1 report
-
The Public Investment Corporation invested hundreds of millions into Efora Energy on August 27, 2026.Some support1 report
-
The delisting of Balwin from the Johannesburg Stock Exchange (JSE) is currently underway and involves the Public Investment Corporation (PIC).Some support2 reports
-
Shares institutional flaws seen in Eskom involving the Public Investment Corporation.Some support1 report1 development inside
-
The South African government, via a Labour Minister, invested in Eskom's infrastructure development through the Public Investment Corporation.Some support1 report
-
PIC, as part of South Africa's state-owned asset management structure, is involved in initiatives supporting private rail freight leveraging Richards Bay's capacity for coal exports.Some support1 report1 development inside
-
Neva Makgetla commented on the Public Investment Corporation managing funds.Some support1 report
-
Enoch Godongwana vouched for board appointments at the Public Investment Corporation.Well supported3 reports
-
The National Treasury supported governance restoration and drove reforms of the Public Investment Corporation, while a court judgment invalidated a suspension.Well supported5 reports
-
Ramaphosa moved the Public Investment Corporation from the purview of the National Treasury to the Presidency and appointed a replacement for David Masondo.Some support1 report1 development inside
-
Enoch Godongwana oversees the Public Investment Corporation, which employs high-ranking officials such as David Masondo.Well supported6 reports
-
The appointment of a new board for the PIC was reported, alongside cabinet noting Afrikaners invited by President Trump.Some support1 report
-
David Masondo resigned as the chairperson of the board of the Public Investment Corporation amid concerns over PIC instability.Well supported5 reports
Gone quiet
No new reports in 90+ days-
The CEO of the Public Investment Corporation filed an application in the Gauteng high court on July 28, 2026.Some support1 report
-
PIC increased its stake in Sasol to over 20% and signed the Principles for Responsible Investment.Some support1 report
-
Smit holds a degree from the University of Pretoria, while the Public Investment Corporation operates within South Africa.Some support1 report
-
PIC commissioned PricewaterhouseCoopers to conduct a forensic investigation into its operations in South Africa.Some support1 report
-
NOA supplies renewable energy to Anglo American Platinum, which is significantly owned by PIC, operating in South Africa.Some support1 report
-
The Chairperson is guiding the recovery efforts of the Public Investment Corporation.Some support3 reports1 development inside
-
The Public Investment Corporation referred the Acupulco investment matter to the Special Investigating Unit.Some support1 report
No events began in the chosen period. Widen it, or reset.
Explainers that pass through Public Investment Corporation
Public Investment Corporation is a step on the way to someone else- PIC's R18.2bn losses could strain South Africa's state budgetSouth Africa faces potential state budget strain from PIC's R18.2bn investment losses.Reported
- PIC losses on Isibaya Fund investments face parliamentary inquiryPIC losses on Isibaya Fund investments prompt parliamentary inquiriesIncludes Brind's reasoning
- How does the PIC's loss on Isibaya Fund investments affect the South African government?PIC losses on Isibaya Fund investments expose the government to significant financial risk.Reported
Around Public Investment Corporation this week
News at the entities that move Public Investment Corporation most-
National Treasury StructuralThe National Treasury tabled a bill in Parliament today.Moves Public Investment Corporation
-
high court StructuralThe High Court overturned government regulations related to the Ministry of Health's approach, following discussions on regulatory roles.Moves Public Investment Corporation
-
cabinet StructuralA minister announced the extension of a government scheme.Moves Public Investment Corporation
-
Enoch Godongwana StructuralFuel tax relief changes the inflation outlook in South Africa.Moves Public Investment Corporation
-
parliament StructuralPresident Mutharika postponed a Parliament meeting to allow resources to be dedicated to El Niño relief efforts.Moves Public Investment Corporation
-
Cyril Ramaphosa StructuralCyril Ramaphosa deployed soldiers to Durban in response to ongoing security concerns.Moves Public Investment Corporation
Connections
The 33 strongest of 48, analyzed from the reporting. The bars show how strongly a change on one side reaches the other.-
National Treasury Structural
The National Treasury maintains formal oversight and governance control over the Public Investment Corporation.
-
cabinet Structural
The Cabinet exercises formal governance and intervention authority over the Public Investment Corporation through board appointments and stabilization efforts.
-
South Africa Structural
PIC functions as a state-owned asset manager, deriving its mandate and structure from the South African government.
-
Enoch Godongwana Structural
Godongwana exercises statutory oversight and governance influence over the Public Investment Corporation as Finance Minister.
-
David Masondo Structural
David Masondo held the formal office of Chairperson and served as a board director for the Public Investment Corporation.
-
Isibaya Structural
PIC manages Isibaya Fund's unlisted investments, utilizing pension money provided by Isibaya.
-
Khumbudzo Ntshavheni Structural
A holds a board appointment within the Public Investment Corporation (PIC), establishing a formal governance link.
-
high court Structural
The High Court exercises formal judicial authority over the Public Investment Corporation by ruling on the validity of its CEO suspension.
Show all 33 connections
-
parliament Structural
Parliament exercises legislative and oversight authority over the Public Investment Corporation's governance and operations.
-
Cape Town Structural
PIC jointly owns the V&A Waterfront, a major asset located within the boundaries of Cape Town.
-
Eskom Structural
The relationship is characterized by investment and funding from the PIC into Eskom's infrastructure development, alongside shared operational challenges.
-
Principles for Responsible Investment Structural
The Public Investment Corporation is a signatory to the Principles for Responsible Investment.
-
chairperson Structural
The Chairperson guides and makes decisions regarding the Public Investment Corporation's recovery efforts.
-
Mondi Structural
The CEO of Mondi has been appointed to the board of the Public Investment Corporation, establishing a formal governance link.
-
Johannesburg Stock Exchange Operational
PIC functions as the largest investor on the Johannesburg Stock Exchange market platform.
-
Mpati Shared context
The company is subject to reforms recommended by a judicial commission whose jurisdiction and basis are tied to the location of Mpati.
-
Cyril Ramaphosa Structural
Ramaphosa exercised executive oversight over the PIC, culminating in its administrative move under the Presidency.
-
Public Protector Operational
The Public Protector is currently investigating the Public Investment Corporation.
-
Anglo American Platinum Structural
The relationship is defined by a significant shareholding structure between the two entities.
-
JSE Transactional
PIC is involved in the corporate restructuring related to the delisting of Balwin's from the JSE market.
-
Lex Mpati Operational
Lex Mpati led a commission that investigated issues related to the Public Investment Corporation.
-
Sasol Transactional
PIC holds a significant minority stake of over 20% in Sasol.
-
Neva Makgetla Structural
Neva Makgetla holds a functional role involving fund management within the scope of the Public Investment Corporation.
-
Gauteng Shared context
The company's legal actions are situated within the jurisdiction of Gauteng province.
-
SIU Structural
SIU, as a state investigative body, has been formally tasked with investigating the operations of PIC.
-
Matthew Parks Mentioned together
Matthew Parks monitors the operational stability of the Public Investment Corporation.
-
board Structural
The PIC operates under the governance and oversight of its board.
-
Standard Bank Operational
Both Standard Bank and Public Investment Corporation support private rail freight initiatives.
-
Johannesburg Shared context
The Public Investment Corporation operates within the geographical context of Johannesburg.
-
Denmark Mentioned together
The corporation is thematically grouped with Denmark when discussing worker activism models.
-
PricewaterhouseCoopers Transactional
PIC commissioned PwC to conduct a forensic investigation.
-
University of Pretoria Mentioned together
The evidence provided does not describe any relationship between the University of Pretoria and the Public Investment Corporation.
-
Nexus Mentioned together
No evidence linking Nexus and Public Investment Corporation was found in the provided timeline.
History
Events by the month they beganSeptember 2026
3 events- The Public Investment Corporation is facing scrutiny in Parliament regarding losses incurred from investments made using pension money from Isibaya.
- PIC jointly owns V&A Waterfront in Cape Town, which is reportedly boosting property values in the nearby Green Point area.
- Public Investment Corporation in Denmark was benchmarked against stronger worker activism models.
August 2026
7 events- PIC, the largest shareholder, is overseeing Northam Platinum operations in South Africa, reporting results on the JSE.
- The Public Investment Corporation invested hundreds of millions into Efora Energy on August 27, 2026.
- Shares institutional flaws seen in Eskom involving the Public Investment Corporation.
- The South African government, via a Labour Minister, invested in Eskom's infrastructure development through the Public Investment Corporation.
- Neva Makgetla commented on the Public Investment Corporation managing funds.
- The National Treasury supported governance restoration and drove reforms of the Public Investment Corporation, while a court judgment invalidated a suspension.
- Ramaphosa moved the Public Investment Corporation from the purview of the National Treasury to the Presidency and appointed a replacement for David Masondo.
July 2026
13 events- Public Investment Corporation made a R400m payment to Acapulco, while Irba sanctioned a partner of Crowe for poor work.
- PIC manages government employee pension savings in South Africa.
- The delisting of Balwin from the Johannesburg Stock Exchange (JSE) is currently underway and involves the Public Investment Corporation (PIC).
- PIC, as part of South Africa's state-owned asset management structure, is involved in initiatives supporting private rail freight leveraging Richards Bay's capacity for coal exports.
- Enoch Godongwana vouched for board appointments at the Public Investment Corporation.
- Enoch Godongwana oversees the Public Investment Corporation, which employs high-ranking officials such as David Masondo.
- The appointment of a new board for the PIC was reported, alongside cabinet noting Afrikaners invited by President Trump.
- David Masondo resigned as the chairperson of the board of the Public Investment Corporation amid concerns over PIC instability.
- The CEO of the Public Investment Corporation filed an application in the Gauteng high court on July 28, 2026.
- PIC increased its stake in Sasol to over 20% and signed the Principles for Responsible Investment.
- Smit holds a degree from the University of Pretoria, while the Public Investment Corporation operates within South Africa.
- PIC commissioned PricewaterhouseCoopers to conduct a forensic investigation into its operations in South Africa.
- NOA supplies renewable energy to Anglo American Platinum, which is significantly owned by PIC, operating in South Africa.