PIC plans to accelerate female empowerment

JOHANNESBURG – The Public Investment Corporation has announced plans to accelerate female empowerment as well as business opportunities for black-owned and controlled businesses.
The state owned money manager, which is the largest in Africa, has announced a plan which will see more than a third of its senior managers being women.
It is aiming to pull this off within the next three years.
It also plans to channel more business to black-owned and controlled money managers.
During its corporate outline, it also reiterated plans to avoid sourcing any financial support from the government.
The PIC has R2.6 trillion in assets under its management.