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Dan Matjila

Ayo report: CFO acted in the PIC’s interests
Business
/ 5 June 2020

Ayo report: CFO acted in the PIC’s interests

A disciplinary inquiry has cleared Matshepo More of all charges, but she remains suspended

By Thando Maeko
PIC commission – Matjila acted improperly in Ayo deal
Business
/ 12 March 2020

PIC commission – Matjila acted improperly in Ayo deal

The report by the commission that investigated the Public Investment Corporation says the fund manager’s former CEO lied about his involvement in its R4,3-billion investment in Iqbal Surve’s Ayo Technology

By Thando Maeko
Dan Matjila’s grand plans to save Eskom
Article
/ 26 February 2020

Dan Matjila’s grand plans to save Eskom

The former PIC chief muses over PIC debt-for-equity, privatisation and selling off power stations

By Thando Maeko
PIC inquiry focuses on Steinhoff deal
Article
/ 14 August 2019

PIC inquiry focuses on Steinhoff deal

Former trade unionist Jayendra Naidoo says former CEO Dan Matjila knew about the deal prior to consulting the PIC’s executive team

By Thando Maeko
Matjila denies responsibility for billions lost in Ayo transaction
Article
/ 12 August 2019

Matjila denies responsibility for billions lost in Ayo transaction

The former PIC CEO continued his testimony before the Mpati commission on Monday

By Thando Maeko
‘I walked into a shitstorm’
Article
/ 2 August 2019

‘I walked into a shitstorm’

The PIC’s former head of IT security did not set out to become a whistle-blower. He was fired and is testifying at the inquiry into the PIC

By Thando Maeko
Maponya takes PIC to court
Article
/ 26 July 2019

Maponya takes PIC to court

MMI claims that the state asset manager owes it millions for work conducted for SA Home Loans

By Thando Maeko
Reuel Khoza appointed as interim PIC board chair
Article
/ 25 July 2019

Reuel Khoza appointed as interim PIC board chair

Khoza was elected at the board’s first meeting since their appointment earlier this month

By Thando Maeko
Surve’s suggested valuation for Sagarmatha shot down by PIC
Article
/ 24 July 2019

Surve’s suggested valuation for Sagarmatha shot down by PIC

The proposal to lower Sagarmatha’s pre-listing share price was not supported by the PIC’s investment team

By Thando Maeko
Matjila: Leaks from the PIC ‘an inside job’
Article
/ 24 July 2019

Matjila: Leaks from the PIC ‘an inside job’

The former state asset manager CEO says the spreading of misinformation at the corporation was from inside its ranks

By Thando Maeko
I did not spy on PIC employees, says Matjila
Article
/ 22 July 2019

I did not spy on PIC employees, says Matjila

The former PIC CEO denies overseeing a climate of fear at the PIC

By Thando Maeko
Chickens had to come home to roost for Maponya, says Matjila
Article
/ 22 July 2019

Chickens had to come home to roost for Maponya, says Matjila

The former PIC chief executive says the PIC removed Kholofelo Maponya as Daybreak Farms boss to save the poultry business

By Thando Maeko
VBS’s fuel scheme lost PIC millions
Article
/ 19 July 2019

VBS’s fuel scheme lost PIC millions

Forensic investigation discovers anomalies in withdrawals, but top executives approved them

By Sabelo Skiti
‘Dr Dan’ put under pressure
Article
/ 19 July 2019

‘Dr Dan’ put under pressure

Matjila stands by his conduct as head of the PIC and says nothing he did was unethical

By Thando Maeko
Allegations about dealings with SA Home Loans are malicious — Matjila
Article
/ 17 July 2019

Allegations about dealings with SA Home Loans are malicious — Matjila

The former PIC CEO denies sinister dealings between PIC and SA Home loans

By Thando Maeko
PIC did not invest in Nene Jr’s business, Matjila says
Article
/ 16 July 2019

PIC did not invest in Nene Jr’s business, Matjila says

The former PIC CEO says the PIC only paid to facilitate a deal between Nene’s company and a Mozambican palm oil refinery

By Thando Maeko
Matjila: I did not abuse my power at the PIC
Article
/ 16 July 2019

Matjila: I did not abuse my power at the PIC

The former PIC chief executive denies he exerted pressure on PIC beneficiaries to fund ANC celebrations

By Thando Maeko
Was Edcon saved to secure votes?
Article
/ 12 July 2019

Was Edcon saved to secure votes?

The former PIC boss alludes to political interference in some of the state asset manager’s investments

By Lynley Donnelly and Thando Maeko
Matjila: Mulaudzi misled PIC commission on KiliCap, Sakhumnotho merger
Article
/ 11 July 2019

Matjila: Mulaudzi misled PIC commission on KiliCap, Sakhumnotho merger

The former PIC CEO denies he orchestrated a merger between KiliCap and Sakhunmotho

By Thando Maeko
Matjila & Co must face the music
Article
/ 11 July 2019

Matjila & Co must face the music

The PIC’s former boss and two executives who allegedly took ‘gifts’ from the bank to look the other way

By Thanduxolo Jika and Sabelo Skiti
Matjila: I was under immense political pressure to fund various companies
Article
/ 10 July 2019

Matjila: I was under immense political pressure to fund various companies

Former PIC CEO testifies that the asset manager was persuaded by influential people, including senior political figures, to fund companies

By Thando Maeko
I did not receive a loan from VBS — Matjila
Multimedia
/ 9 July 2019

I did not receive a loan from VBS — Matjila

Former Public Investment Corporation (PIC) chief executive Dan Matjila has denied allegations that he was awarded a loan from the VBS Mutual Bank.

By Staff Reporter
Matjila denies being aware of unfair labour practices at PIC
Article
/ 9 July 2019

Matjila denies being aware of unfair labour practices at PIC

The PIC former CEO concedes that some allegations made by employees regarding his leadership could be true

By Thando Maeko
I did not receive a loan from VBS — Matjila
Article
/ 9 July 2019

I did not receive a loan from VBS — Matjila

The former PIC CEO denies allegations made by UDM leader Bantu Holomisa

By Thando Maeko
Holomisa claims Matjila failed to declare millions received from VBS
Article
/ 8 July 2019

Holomisa claims Matjila failed to declare millions received from VBS

The UDM leader wants the PIC inquiry to probe millions allegedly received by former PIC CEO, Dan Matjila

By Thando Maeko
Survé compares Sagarmatha to Uber, says it would have been valued at $10bn
Article
/ 3 April 2019

Survé compares Sagarmatha to Uber, says it would have been valued at $10bn

Iqbal Survé, on Tuesday claimed that bad press from rival media houses scuppered the listing of Sagarmatha Technologies on the JSE and the NYSE

By Jan Cronje and Sibongile Khumalo
Survé denies any personal relationship with Matjila
Article
/ 3 April 2019

Survé denies any personal relationship with Matjila

Under oath, the media owner appeared to contradict an earlier interview with the M&G

By Tshegofatso Mathe
Acting PIC CEO suspended for ‘interfering’ with commission
Article
/ 26 March 2019

Acting PIC CEO suspended for ‘interfering’ with commission

The state asset manager did not divulge the nature or extent of the alleged interference Matshepo More is alleged to have caused

By Tebogo Tshwane
PIC commission to continue as key Ayo repayment court order expected
Article
/ 25 March 2019

PIC commission to continue as key Ayo repayment court order expected

Key judgement affecting Surve-linked Ayo is set to be handed down on Monday, as PIC witness identities kept under wraps due to safety concerns

By Tehillah Nieselow
​Holomisa: BEE not worth risking state worker pensions
Article
/ 20 March 2019

​Holomisa: BEE not worth risking state worker pensions

The UDM leader says the Mpati commission should proactively investigate the PIC’s unlisted investments

By Tebogo Tshwane
PIC given more time to recoup R4.3-bn Ayo investment
Article
/ 19 March 2019

PIC given more time to recoup R4.3-bn Ayo investment

The CIPC has agreed on an extension of the time limit of that notice from 15 days to 60 days

By Tebogo Tshwane
Sagarmatha listing push linked to Survé’s ego, PIC commission hears
Article
/ 18 March 2019

Sagarmatha listing push linked to Survé’s ego, PIC commission hears

Attempts to have the PIC invest in the company were allegedly a means to protect the controversial media owner’s feelings

By Tebogo Tshwane
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