Mail & Guardian
Mail & Guardian
Lerato MakwetlaIn the news
PUBLIC INVESTMENT CORPORATION

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…

  • Hasina Kathrada
6 min read
Finance Minister Enoch Godongwana.
PUBLIC INVESTMENT CORPORATION

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…

  • Hasina Kathrada
3 min read