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NDP drift needs to end, implementation the responsibility of all – summit participants

By: Natasha Odendaal     8th June 2016 The country’s National Planning Commission (NPC) has “no whip to crack” to get South African society and business to implement the National Development Plan (NDP) aimed at transforming the country’s economic landscape. One of the key messages emerging out of the second yearly Vision 2030 Summit,... 

Commission study shows only 47% alignment between Budget and NDP 

By: Terence Creamer     22nd April 2016 A preliminary analysis conducted by South Africa’s second National Planning Commission (NPC) of the current alignment between the country’s Budget and the National Development Plan (NDP) shows there to be only a 47% correlation. Nevertheless, Minister in the Presidency Jeff Radebe, who is NPC... 

Zuma announces new NPC members

By: Natalie Greve     17th September 2015 President Jacob Zuma announced the appointment of 25 new members for a period of five years to the National Planning Commission (NPC) in the Department of Planning, Monitoring and Evaluation on Thursday. Minister in the Presidency for Planning, Monitoring and Evaluation Jeff Radebe was appointed... 

Future leaders invited to attend the Cliffe Dekker Hofmeyr, IPFA South Africa Future Leaders Network Debate in June

     16th May 2014 Cliffe Dekker Hofmeyr business law firm will host the International Project Finance Associate South Africa: Future Leaders Network Debate, entitled, Quo vadis for project financiers -  after REIPPP and the implementation of the NDP. The event will be held on Friday 6 June 2014 at 4pm at the... 

Adcock shareholder vote on CFR offer delayed to mid-February

By: Leandi Kolver     9th January 2014 JSE-listed pharmaceutical company Adcock Ingram on Thursday announced that it would further delay a shareholder vote on the increased R12.8-billion takeover offer from Chile’s CFR Pharmaceuticals to mid-February, as it was still awaiting regulatory approval of the relevant shareholder... 

More SA companies commit to UN Global Compact

By: Natalie Greve     30th January 2013 Twelve South African companies had voluntarily committed to the United Nations Global Compact (UNGC), to date, in the 2013 financial year, the National Business Initiative (NBI) said in a statement on Wednesday. 

PIC CEO appointed as UNGC-SA chair

By: Idéle Esterhuizen     4th December 2012 The United Nations Global Compact Local Network (UNGC) South Africa has appointed Public Investment Corporation CEO Elias Masilela as its chairperson to replace Futhi Mtoba. Mtoba served at the global board of the UNGC in New York until early 2012. 

Adequate, appropriately positioned housing key to SA development 

By: Natasha Odendaal     3rd October 2012 If South Africa failed to implement sustainable human settlement solutions, the effects would be felt for a long time, Minister in the Presidency responsible for the National Planning Commission Trevor Manuel said on Wednesday. Speaking at the International Housing Solutions affordable housing... 

12m people still require adequate housing in SA – PIC’s Masilela 

By: Natasha Odendaal     3rd October 2012 Despite efforts by South Africa’s government to supply adequate housing for its citizens, a backlog of between 2.1-million and 2.5-million subsidised houses remained, Public Investment Corporation (PIC) CEO Elias Masilela said on Wednesday. Speaking at the fourth yearly International Housing... 

PIC adopts longer-term, more environment-focused perspective

By: Keith Campbell     11th May 2012 The Public Investment Corporation (PIC) has expanded its investment outlook from a three-year horizon to a ten-year horizon. “We’re going to trial this outlook for the next two years,” says PIC CEO Elias Masilela. “We have a long-term investment philosophy. This ten-year outlook is essentially... 

PIC adopts longer-term, more environment-focused perspective

By: Keith Campbell     11th May 2012 The Public Investment Corporation (PIC) has expanded its investment outlook from a three-year horizon to a ten-year horizon. “We’re going to trial this outlook for the next two years,” says PIC CEO Elias Masilela. “We have a long-term investment philosophy. This ten-year outlook is essentially... 

Ban Ki-moon appoints PIC’s Masilela to UNGC board

     23rd April 2012 United Nations secretary general Ban Ki-moon has appointed the CEO of South Africa’s Public Investment Corporation (PIC) to the United Nations Global Compact (UNGC) board. Elias Masilela would be expected, besides others, to serve as a champion of the UNGC and its missions for a period of three... 

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