Business In The News South Africa

Gigaba to face rating agencies and investors at IMF and World Bank meetings

JOHANNESBURG, October 12 – Finance minister, Malusi Gigaba, is set to meet with sovereign credit rating agencies and investors in Washington D.C. this week as he tries to quell fears about the country’s political and fiscal uncertainty. This comes as Gigaba has demanded that the Public Investment Corporation (PIC), the country’s biggest investor in the economy, reveal its investments […]

Exclusive In The News South Africa

Gigaba cleanses the PIC

Sello Theletsane   Following recent media reports suggesting that Public Investment Corporation(PIC) boss Dr Dan Matjila was being smeared and targeted, Finance Minister Malusi Gigaba has written a letter to his deputy Sfiso Buthelezi who is also PIC board chair requesting him to among others disclose all PIC transactions (both Listed and Unlisted Investments) concluded […]