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…
The Public Investment Corporation (PIC) has appointed chief financial officer Batandwa Damoyi as acting chief executive with immediate effect following the precautionary…
Public Investment Corporation (PIC) chief executive Patrick Dlamini has been placed on precautionary suspension by the corporation’s board. This decision follows weeks of…
A confidential draft PwC forensic report obtained by the Mail & Guardian has raised questions about the calculation used to settle the long-running Lanseria Airport dispute,…
What began as an arbitration over Lanseria Airport has escalated into a major governance crisis for the Public Investment Corporation (PIC), involving a whistleblower complaint…
The Public Investment Corporation (PIC) is embroiled in a significant governance crisis, stemming not from a recent whistleblower complaint, but from a long-standing dispute over…
A whistleblower complaint before the Public Investment Corporation (PIC) board highlights governance issues, alleged conflicts of interest, and the authority behind a forensic…
The board of the Public Investment Corporation (PIC) has begun assessing allegations against chief executive Patrick Dlamini after receiving a whistleblower complaint that raises…
Despite asset growth to R3.7 trillion, questions persist over distressed loans and legacy investment scandals
The Mining Affected Communities United in Action says the mining giant must ‘take full responsibility for unpaid debts and abandoned communities’
The president said the fund would not be an additional burden to taxpayers because it would be financed by dividends from ‘well managed’ state-owned entities
Business rescue practitioner Metis has agreed to amend the ‘unlawful’ Vision group rescue plan
The business rescue practitioners are also silent over the company’s debt deal
The agreement will give Terris Sugar discounted ownership of Tongaat Hulett’s R8 billion bank debt and control at the upcoming creditors’ vote
The real issue is that the February 2023 budget was the least credible assessment of the country’s finances since 1994
The communications minister said the telecommunications company was still strategic to the state’s programme
The former chief executive is credited with saving the company by making inroads into the mobile market
Analysts suggest the former chief executive is interested in taking over Telkom in order to facilitate a deal with MTN, consolidating the local telecommunications space
The AYO affair shows the GEPF should stop backing the ANC’s destructive BEE project, pull out of the stock market and support the public sector instead
The government must invest in its people and infrastructure to stimulate the economy
