Elias Masilela
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Legislative environment
More SA companies commit to UN Global Compact
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.By: Natalie Greve
30 Jan 13
SUSTAINABILITY INITIATIVES
PIC CEO appointed as UNGC-SA chair
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 2012.04 Dec 12
HOUSING
Adequate, appropriately positioned housing key to SA development
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...
By: Natasha Odendaal
03 Oct 12
HOUSING
12m people still require adequate housing in SA – PIC’s Masilela
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....By: Natasha Odendaal
03 Oct 12
INVESTMENT
PIC adopts longer-term, more environment-focused perspective
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...
By: Keith Campbell
11 May 12
Investment
PIC adopts longer-term, more environment-focused perspective
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...By: Keith Campbell
11 May 12
Real Economy Roundup
A review of real economic developments across SA, Africa and the world
Motorists who do not register for e-tags will pay a three times higher punitive rate for using Gauteng's new toll roads, the South African National Roads Agency Limited (Sanral) says.27 Apr 12
NEW APPOINTMENTS
Ban Ki-moon appoints PIC’s Masilela to UNGC board
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...APPOINTMENTS
Cabinet extends DST director-general contract, confirms other appointments
Cabinet has confirmed a number of high-level appointments, including the extension of Science and Technology director-general Dr Phil Mjwara’s contract for another three years from April 1. Mjwara joined the Department of Science and Technology...14 Feb 12
CORPORATE ACTIVITY
Competition bodies weigh PIC’s plan to convert Afrisam debt to equity
South Africa’s Competition Tribunal has reserved judgment on a proposed merger involving the Public Investment Corporation (PIC) and cement producer Afrisam, after the Competition Commission proposed that the deal be approved with certain...By: Terence Creamer
14 Dec 11
Public Investment Corporation
Company Announcement: PIC reaches an agreement with AfriSam’s senior noteholders on restructuring cement company’s debt
Package will reduce AfriSam’s debt in excess of R15bn and secure jobs
PROPERTY SALE
Growthpoint and PIC to buy Cape Town landmark for R10bn
In South Africa’s biggest single property transaction to date, local property group Growthpoint and the State-owned Public Investment Corporation (PIC) announced on Monday that they would acquire one of the country’s prime tourist attractions,...
By: Loni Prinsloo
14 Feb 11
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Real Economy Report 
Data to make up 30% of Vodacom’s revenue in 3... 
Vodacom earnings up, international operations... 
Second Take: Boeing 787 Dreamliner battery crisis 
Real Economy Report 
Licensing Bill will give officials too much... 
SA tool-making sector to get boost 
Govt’s Gautrain bill shrinks to R70m a month... 
Carbon tax policy proposal aligns with... 
Monetary policy focus remains on hitting inflation target – Marcus
Climate policy to map out transition to low-carbon economy
SAA plays key role in SA’s international relations
Durban COP17 meeting should focus on ‘fair’ climate regime – Molewa
Underground coal gasification has key role to play in Southern Africa
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Climate policy to map out transition... 
SAA plays key role in SA’s... 
Durban COP17 meeting should focus on... 
Underground coal gasification has key... 
Mondi’s unbundled packaging unit... 
Developers call for sustainable form... 
Copper cable theft declared a... 
Eskom to complete CSP design by 2013,... 
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