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Tag: Public Investment Corporation

Cheers! – Heineken to toast Distell?

BEER brewing giant Heineken has set its sights on Stellenbosch-based liquor group Distell. Distell, which has Remgro and the Public Investment Corporation (PIC) as its mainstay investors, has issued cautionary announcements indicating...

South African business sets up three projects to help economy

According to Bloomberg, business leaders in South Africa said that, following meetings with President Jacob Zuma and Finance Minister Pravin Gordhan, they would contribute expertise and investments to help the country...

PIC concludes R22bn renewable energy transactions

The Public Investment Corporation (PIC) announced that it has recently concluded transactions for two renewable energy projects to the value of R22bn. The transactions are for the construction of two Concentrated...

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Two SAB plants get R5.8 billion upgrades

The R5.8 billion investment commitment made by South African Breweries (SAB) has been utilised to increase capacity at two of its plants. The company said...

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