PIC

MTN refutes second Telkom buyout bid

Telkom is a business with good assets but there is no offer or official discussions at the moment, says MTN.
Samuel Mungadze
1:10
Jun 12, 2023

SA’s Telkom confirms takeover bid discussions with former CEO

The company says the merits of the bid are being assessed by its board of directors in accordance with its fiduciary duties.
2:40
Aug 2, 2022

Africa’s Largest Asset Manager PIC Leads Pension Funds Investing in Continent’s Infrastructure via AFC

PIC has given formal notification to make a US$100 million equity investment in the AFC.
3:30
Mar 6, 2020

AYO won’t be distracted by market talk

Company determined to tell what it believes is a good story as it launches R200-m fund to support African start-ups.
3:40
Jun 6, 2019

MTN dismisses claims of shareholder meddling

Operator responds to media reports its biggest shareholder PIC is pressuring for changes to its board.
1:20
Jun 2, 2017

PIC backs Vodacom-Safaricom deal

The major Vodacom shareholder has expressed its support for the R35 billion deal and plans to vote in favour of it at a future general meeting.
2:10
Nov 16, 2015

Allied Mobile Africa and PIC sign $55 million agreement

Funding will be used to support Allied Mobile Africa’s expansion plans on the continent.