 | This article is missing information about the PIC Commission of Inquiry instituted in 2018. (December 2021) |
 | |
| Company type | State-owned entity (SOC) |
|---|---|
| Industry | Finance |
| Founded | 1911 |
| Headquarters | Pretoria, South Africa |
Area served | South Africa |
Key people | Abel Sithole (CEO) Brian Mavuka (Acting CFO) |
| Products | Financial services |
| Revenue |  ZAR: 1,130,757 Million (2020) |
| Total assets |  ZAR: 2.548 Trillion (2022) |
| Owner | Government of South Africa |
Number of employees | 403 (2020) |
| Website | www |
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 the entities through which the government implements its policy of Broad-Based Black Economic Empowerment. The PIC is also responsible for investing in the South African Government Employees Pension Fund (GEPF).
- ^ National Government of South Africa: Public Investment Corporation SOC Ltd (PIC). on www.nationalgovernment.co.za
- ^ Cite error: The named reference
Pic2022was invoked but never defined (see the help page). - ^ "Politics ensnares South Africa's biggest asset manager". The Economist. 19 October 2017.