Board resignations and governance concerns at the PIC have focused attention on R3.6 trillion in public assets. Ramaphosa says there's no crisis as a new board...
A new nine-member non-executive board for the PIC was announced, chaired by Seiso Mohai, as unions and parties press for implementation of the Mpati Commission recommendations.
Cabinet has appointed Seiso Mohai to lead the PIC after David Masondo resigned amid a governance crisis at the state asset manager overseeing R3.6tn.
The Public Investment Corporation (PIC) is under renewed scrutiny after a string of boardroom resignations and the precautionary suspension of its CEO highlighted what critics say...
For many South Africans, retirement products come with one quiet worry that never really goes away: fees. They do not always make the headlines. They do...
Why R3.5 trillion in public pensions is under the spotlight When the Public Investment Corporation takes a seat before Parliament’s Standing Committee on Finance, it is...
United Democratic Movement (UDM) leader General Bantu Holomisa has accused Standard Bank of structuring deals with the Public Investment Corporation (PIC) that serve its own interests...
In a country where trust in public institutions often feels like a fading dream, the Public Investment Corporation (PIC) stands tall as a rare success story....
South Africans are reeling after it was revealed that R150 million in pension-linked funds has been handed to a bankrupt poultry company, Daybreak Foods. The money...
One of South Africa’s state-owned poultry producers, Daybreak Foods, has entered business rescue amid severe financial distress, with more than 2,800 jobs now at stake. This...