Public servants’ pension money — the R88bn question behind the PIC’s Isibaya portfolio

Daily Maverick | 04.06.2026 03:30
The Public Investment Corporation’s Isibaya portfolio, which invests money on behalf of the Government Employees’ Pension Fund (GEPF), has delivered an internal rate of return of 4.25% from March 2006, according to a written parliamentary reply by Finance Minister Enoch Godongwana.