Sekunjalo, now without PIC money, is shedding its old media assets as it seeks to become South Africa’s New York Times

The PIC’s Isibaya Fund returned just 4.25% for the GEPF over 20 years, which inflation more than wiped out

For over a decade, Survé’s Sekunjalo paid neither capital nor interest on a R150m loan given to build his media empire. A new ruling holds out some hope for repayment (but not a…