Finance
latest news & developments
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…
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…
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…
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…
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…
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…