Financial Sector
latest news & developments
Masondo: Board resignations left PIC unable to defend Dlamini suspension
Former Public Investment Corporation (PIC) chairperson David Masondo reveals that the board's mass resignations prevented it from defending its decision to suspend chief…
Mohai takes helm of new PIC board as governance challenges remain
The Public Investment Corporation (PIC) has welcomed the appointment of its new board, led by chairperson Seiso Mohai, as a crucial step towards restoring stability after a…
Editorial: Political interference will hurt PIC
The Public Investment Corporation (PIC) is facing its most serious governance crisis, with the suspension of its chief executive, board resignations, and allegations of political…
Financial institutions told to improve complaint processes as consumer regret grows
A new study by the Financial Sector Conduct Authority reveals that 67% of customers surveyed expressed buyer’s remorse