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RETURN ON INVESTMENT: Public servants’ pension money — the R88bn question behind the PIC’s Isibaya portfolio | Collector
RETURN ON INVESTMENT: Public servants’ pension money — the R88bn question behind the PIC’s Isibaya portfolio
Daily Maverick

RETURN ON INVESTMENT: Public servants’ pension money — the R88bn question behind the PIC’s Isibaya portfolio

The Public Investment Corporation’s Isibaya portfolio was meant to do more than make money. It was supposed to help build the country by funding infrastructure, supporting empowerment deals, creating jobs and backing investments that could deliver both social impact and financial returns. But after nearly two decades, the portfolio’s disclosed return raises a blunt question: was the risk worth it?

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