South Africa Business
latest news & developments
BMF war spills into court
A deepening rift within the Black Management Forum (BMF) sees its board, led by president Mpho Motsei, heading to the Gauteng High Court. The BMF accuses a faction aligned with…
Exclusive: Two PIC directors resign days after CEO’s suspension
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…
PIC appoints Batandwa Damoyi as acting CEO as board resignations deepen turmoil
The Public Investment Corporation (PIC) has appointed chief financial officer Batandwa Damoyi as acting chief executive with immediate effect following the precautionary…