Wednesday, September 9, 2026
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Tag: PIC

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PIC portfolio buys company

Public Investment Corporation’s (PIC) pharmaceuticals portfolio company has signed a deal to acquire a South Africa-based consumer products manufacturer. Adcock Ingram is wholly acquiring Plush...

PIC in partial exit

Public Investment Corporation (PIC) has partially exited its stake in a South Africa-based pharmaceutical products producer. The pension’s manager has sold part of its stake...

PIC deals head terminated

South Africa’s Public Investment Corporation’s (PIC) suspended executive head of listed investments Fidelis Madavo has finally been terminated, following investigations into investment irregularities. This follows...

PIC acting CEO suspended

Public Investment Corporation (PIC) acting chief executive officer (CEO) Matshepo More has been suspended after less than a year in the role. She is alleged...

PIC suspends deals head

South Africa’s Public Investment Corporation (PIC) executive head of listed investments Fidelis Madavo has been suspended, as part of on-going investigations into investment irregularities. PIC...