Tag: PIC Funding

  • Experts warn against using PIC funds for NHI and hospitals

    In a recent development, South African Health Minister Dr Aaron Motsoaledi suggested using PIC funds to finance the construction of public hospitals and support the NHI initiative. However, financial experts argue that the PIC, which manages over R2.7 trillion in assets for the Government Employees Pension Fund (GEPF), should only fund revenue-generating government health projects that align with its mandate.…

    Continue reading with a Health Matters subscription

    Subscribers read every article in full, receive the daily briefing and have access to the complete archive.

    SubscribeLog in