The decision is based on the poor performance in the sector, including the liquidation of several companies
The clients of the Public Investment Corporation , the Unemployment Insurance Fund and the Compensation Fund have said no to ramping up investments in unlisted entities.
The UIF cited as its reason the poor performance in the sector, including the liquidation of several companies. The unlisted investments of the two funds total a combined R23bn...A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.
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