Mail & Guardian
Mail & Guardian
Hasina Kathrada

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Hasina Kathrada

Businessman Kagiso Matjila has threatened the PIC, the Government Employees Pension Fund and PIC chief executive Patrick Dlamini with a R1 billion damages claim in an escalation of the battle over the Lanseria International Airport dispute.

PIC board confirms independent probe into whistleblower allegations

The newly appointed Public Investment Corporation (PIC) board has confirmed that whistleblower allegations against chief executive Patrick Dlamini will be independently…

Nosiviwe Mapisa-Nqakula sits in the dock of court eight at the Pretoria Magistrate’s Court. Photo: Delwyn Verasamy

State turns to corroborating case in Mapisa-Nqakula corruption trial

The corruption trial of former defence minister Nosiviwe Mapisa-Nqakula has moved to the State's corroborating witnesses, including retired military officers, family members of…

Under fire: Public Investment Corporation chief executive Patrick Dlamini. Photo: Supplied

PIC CEO returns to the office

Patrick Dlamini has returned as CEO of the Public Investment Corporation (PIC) after the Gauteng High Court declared his suspension unlawful. However, the court made no findings…

Epicentre of the crisis: About 10 000 Malawian nationals facing xenophobia elected to be repatriated and gathered at a migration transit camp in Sherwood, Durban since last Sunday. Photo: Lyse Comins

African leaders launch pushback against South Africa's anti-migrant narrative

Senior African political leaders, diplomats, lawyers, and researchers have launched a coordinated pushback against South Africa's increasingly hardline migration narrative,…

Deputy Finance Minister David Masondo. (X)

Masondo: Board resignations left PIC unable to defend Dlamini suspension

Former Public Investment Corporation (PIC) chairperson David Masondo reveals that the board's mass resignations prevented it from defending its decision to suspend chief…

Mohai takes helm of new PIC board as governance challenges remain

The Public Investment Corporation (PIC) has welcomed the appointment of its new board, led by chairperson Seiso Mohai, as a crucial step towards restoring stability after a…

Under fire: Public Investment Corporation chief executive Patrick Dlamini. Photo: Supplied

‘PIC whistleblower takes board overhaul battle to Parliament ahead of Dlamini court challenge’

As suspended Public Investment Corporation (PIC) chief executive Patrick Dlamini challenged his precautionary suspension in the Gauteng High Court, a whistleblower asked…

Masondo resigns as PIC chair as Godongwana prepares sweeping board overhaul

Public Investment Corporation (PIC) chairperson David Masondo has resigned as Finance Minister Enoch Godongwana prepares a sweeping overhaul of the board of Africa's largest…

Finance Minister Enoch Godongwana.

PIC crisis escalates as whistleblower accuses Godongwana of board interference

A whistleblower has escalated the governance crisis at the Public Investment Corporation (PIC) to Parliament, alleging that Finance Minister Enoch Godongwana attempted to…

Pretoria says Ghana and Nigeria's 'isolation campaign' will fail

South Africa's Presidency has welcomed Ghana and Nigeria's proposal for an African Union debate on migration, but firmly states that attempts to use the issue to diplomatically…

More than 10,000 take to Johannesburg's streets for Mandela Day Walk and Run

Thousands of runners, walkers and families turned Johannesburg's streets into a celebration of Nelson Mandela's legacy on Sunday as the sold-out Mandela Day Walk and Run drew…

Migration tests SA's standing in Africa

The diplomatic fallout from South Africa’s migration tensions escalated this week after The Presidency accused Ghana of helping to drive a campaign portraying Pretoria as…

David Masondo, Deputy Finance Minister. (Photo by Gallo Images/Die Burger/Jaco Marais)

Exclusive: Two PIC directors resign days after CEO’s suspension

Two Public Investment Corporation (PIC) directors have resigned less than 48 hours after the board voted by an overwhelming majority to place chief executive Patrick Dlamini on…

PIC appoints Batandwa Damoyi as acting CEO as board resignations deepen turmoil

The Public Investment Corporation (PIC) has appointed chief financial officer Batandwa Damoyi as acting chief executive with immediate effect following the precautionary…

President Cyril Ramaphosa

Presidency accuses Ghana of leading campaign against South Africa

The Presidency has accused Ghana of leading what it describes as a campaign to falsely portray South Africa as increasingly isolated on the continent, saying the issue has…

PIC suspends CEO Patrick Dlamini pending whistleblower investigation

Public Investment Corporation (PIC) chief executive Patrick Dlamini has been placed on precautionary suspension after the board resolved to invoke its whistleblower policy while…

BREAKING: PIC CEO Patrick Dlamini placed on precautionary suspension

Public Investment Corporation (PIC) chief executive Patrick Dlamini has been placed on precautionary suspension by the corporation’s board. This decision follows weeks of…

The recall of iDexus has become the subject of legal proceedings, with
the pharmaceutical company denying it posed a health risk.

Regulators tighten noose on recalled GLP-1 medicines

South Africa's health regulators have warned doctors, pharmacists, and other healthcare professionals that they face disciplinary action for continuing to prescribe or dispense…

President Cyril Ramaphosa

The Ramaphosa ‘snub’ that never was

The Presidency has dismissed reports that President Cyril Ramaphosa requested a state visit to Ghana, saying no such visit had been planned. The claims, first published by…

Illegal weight loss drug floods SA

An investigation uncovers a rapidly growing, highly lucrative shadow market in South Africa for unapproved weight-loss drugs like Retatrutide, sold openly online and in gyms…