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JUST IN: Newly appointment Deputy Finance Minister David Masondo dahs the #PIC will continue to fulfill its mandate. It will commit R9bn towards development property investments, including new developments, refurbishments and upgrades & rural development investments. #eNCA
Masondo also says the value of African & offshore investments by the #PIC is expected to increase to R15.6bn
While contributions to education, health, housing, infrastructure and environmental sustainability SMMEs & investments in priority seconded are expected to amount to R10bn
Masondo says the deadline for the final report of the #PICInquiru was April 2019 but it’s expected on the 31st July 2019. #eNCA
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