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Finance

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David Masondo, Deputy Finance Minister

Masondo claims PIC board never received key legal opinion

Former Public Investment Corporation (PIC) board chairperson David Masondo has alleged that chief executive Patrick Dlamini failed to provide the board with a key legal opinion…

Personal touch: A bank knows a customer through transactions, documents and a credit score. A community finance group knows its members as people. Photo: Suppplied

Africa's women have invented finance's future

Across Africa, women are driving financial innovation through community finance groups like stokvels. These sophisticated institutions pool money, provide loans, and support…

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…

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…

Christopher Welile Mpehle

Christopher Welile Mpehle sees balance sheets differently. For him, finance is not simply about numbers — it is about widening access to healthcare and changing lives. The loss…

Khanyisela Dayi

Khanyisela Dayi, 34, believes leadership begins long before a title. For her, it starts by showing up where decisions are made, asking difficult questions and creating space for…

Ethan Gondo

Most students prepare for the world of finance after graduation. Ethan Gondo decided to start shaping it while still at university. At 20, he has become one of South Africa's…

Julian van Zyl

Instead of exporting South African talent, Julian van Zyl decided to build a business that could keep it at home. At 34, the partner and managing director of Baker Tilly (Cayman)…

Gerald Mariemuthoo

Money tells stories — and Gerald Mariemuthoo has built his career uncovering the ones criminals hope no one will read. At 35, the currency integrity investigator at the South…

Julian Reynolds

For Julian Reynolds, every property transaction tells a bigger story about investment, opportunity and growth. As an attorney, notary public and conveyancer at Cox Yeats…

Rethabile Segone

Rethabile Segone, 28, is asking what it should become. As a law researcher at the University of Johannesburg's Centre for Banking Law and an LLD candidate, he is exploring one of…

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…

Deputy Finance Minister David Masondo. (X)

Masondo resigns as PIC chair, warns investigations must not be ‘swept under the carpet’

Public Investment Corporation (PIC) chairperson David Masondo has resigned, becoming the latest senior casualty of the governance crisis engulfing South Africa's largest asset…

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…

Businessman takes on African Bank

Businessman Sikhumbuzo Brian Mkhabela is set to lodge a fresh court application challenging African Bank's governance processes. This follows the Durban High Court dismissing his…