Dan Matjila sets the record straight on relationship with Iqbal Survé at PIC Inquiry

Published 24 July 2019, by Noni Mokati

JOHANNESBURG –  On Wednesday, former Public Investment Corporation (PIC) head, Dr Dan Matjila, dismissed suggestions that the state-owned asset manager’s involvement with Independent Media South Africa (INMSA), Sagarmatha and Ayo Technologies (AYO), was due to the fact that he had a close relationship with Sekunjalo Investment Holdings chairman, Dr Iqbal Survé.
A barrage of  media reports has alleged a questionable relationship between the two and Matjila stated that he wanted to set the record straight. 
 
He confirmed there was a continuous relationship with Survé but, that it was not due to friendship per se but, more to being closely involved with the transactions to assess them on a continuous basis.
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Survé to head $1bn Belt and Road Africa Fund

Published 4 July 2019, by Mercury Reporter

Durban – A $1 billion Belt and Road Africa Fund was announced on the sidelines of the annual WEF Summer Davos Meeting, which is currently under way in Dalian, China.The fund, to be headed by chairman-designate Dr Iqbal Survé, will focus on investments on the African continent, which will include co-investments in infrastructure, technology, e-Commerce, artificial intelligence (AI) and the beneficiation of the resource industry in Africa.

Most importantly, the fund will serve as a bridge between African and Chinese businesses, thus strengthening, particularly, the co-operation between business sectors in China and Africa.

Dr Survé, who is the chairman of the Sekunjalo Group, along with several Chinese family offices and business people, launched the fund, which will be capitalised with a billion dollars from wealthy Chinese investors.

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New $1bn Belt and Road Africa Fund to focus on investments in Africa

Published 3 July 2019, by Sizwe Dlamini

CAPE TOWN – Sekunjalo chairperson Dr Iqbal Survé is set to head up a $1 billion (R14bn) Belt and Road Africa Fund that was announced on the sidelines of the annual World Economic Forum (WEF) Summer Davos Meeting, which is underway in Dalian, China.

The fund will focus on investments in Africa, which will include co-investments in infrastructure, technology, eCommerce, artificial intelligence (AI) and the beneficiation of the resource industry in Africa. Most importantly, the fund will serve as a bridge between African and Chinese businesses, thus strengthening, particularly, the co-operation between business sectors in China and Africa.

Survé, along with several Chinese family offices and business people, launched the fund, which will be capitalised with $1bn from Chinese investors.

Please read the full article here.

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