Reuters logo
S.Africa's PIC head says needs bigger role in governance of state firms
October 31, 2017 / 8:41 AM / 20 days ago

S.Africa's PIC head says needs bigger role in governance of state firms

JOHANNESBURG, Oct 31 (Reuters) - South Africa’s Public Investment Corporation (PIC) needs to play a bigger role in improving governance in state-owned companies, its chief executive officer Daniel Matjila said on Tuesday.

The PIC, which manages government employees’ pension money, is the biggest investor in state-owned firms’ debt instruments. (Reporting by Tiisetso Motsoeneng; Writing by Olivia Kumwenda-Mtambo; Editing by Alison Williams)

Our Standards:The Thomson Reuters Trust Principles.
0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below