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Website. www .pic .gov .za. The Public Investment Corporation (PIC) is a South African state-owned entity (SOC [ 1]) with R2.548 trillion (USD 148 Billion) of assets under management as of 31 March 2022. [ 2] It is Africa's largest asset manager. [ 3] Established in 1911, it holds large stakes in several South African companies, and is one of ...
South African growth-stage investor Knife Capital has reached the final close of its $50 million fund. The third fund addresses a critical funding gap in growth stages where local investors have ...
Woolworths Holdings Limited is a South African multinational retail company that owns Woolworths, a South African luxury department store chain, and Australian retailer Country Road Group. Woolworths, however, has no association to Australia's Woolworths supermarket chain. The South African Woolworths business consists of luxury goods, being ...
www .naspers .com. Naspers Limited is a South African multinational internet, technology and multimedia holding company headquartered in Cape Town, with interests in online retail, publishing and venture capital investment. Naspers' principal shareholder is its Dutch listed investment subsidiary Prosus, which owns approximately 49% of its ...
Image Credits: Yoco. Yoco has raised a total of $107 million. The company’s Series C investment is the largest of its kind in South Africa and one of the largest for any African fintech (third ...
A recent assessment by investment firm Partech tallied $2 billion going to the continent’s digital entrepreneurs in 2019, across top markets Nigeria, South Africa and Kenya. Image Credits ...
Disinvestment (or divestment) from South Africa was first advocated in the 1960s in protest against South Africa's system of apartheid, but was not implemented on a significant scale until the mid-1980s. A disinvestment policy the U.S. adopted in 1986 in response to the disinvestment campaign is credited with playing a role in pressuring the ...
This time, a startup from Africa has joined the party. TymeBank, a South African digital bank, announced today that it has secured an R1.6 billion (~$109 million) investment from new investors in ...