Our social development programs are too focused on welfarism and too little on healing the social pain that is overwhelming so many, writes Mamphela Ramphele.
The Public Investment Corporation is committed to restoring "sound corporate governance" at the institution, members of Parliament have heard.
The PIC inquiry has heard testimony from its final witness on Wednesday - the last of 77 witnesses who provided testimony over the past eight months.
Former CEO of the PIC, Dan Matjila, has responded to allegations of his "reign of terror" at the asset manager.
Ex-PIC boss Dan Matjila has said the state asset manager's reputation was severely damaged due to the fallout surrounding the collapse of the VBS Mutual Bank.
Former PIC boss Dan Matjila returns to the commission of inquiry.
The PIC commission has been granted a three-month extension, as well as an amendment to its terms of reference.
The North Gauteng High Court heard an urgent interdict last week by AYO Technology Solutions against the Companies and Intellectual Property Commission.
Mondli Gungubele has started his testimony at the judicial commission of inquiry probing allegations of impropriety at the state-run asset manager.
PIC inquiry witnesses have received death threats, a spokesperson has said.
The commission of inquiry probing governance and investment decisions at the state asset manager learnt that the corporation's Head of Listed Investments, Fidelis Madavo, has been suspended.
The commission was led by Justice Lex Mpati and assisted by former Reserve Bank Governor Gill Marcus and veteran stock broker Emmanuel Lediga. They will prepare a final report for the president, to be submitted by October 31.
A lifestyle audit conducted by PwC into five former officials at state-owned asset manager the Public Investment Corporation - including its ex-CEO Dan Matjila and former board chair Mondli Gungubele - found no evidence of criminal conduct.
Former PIC CEO Dan Matjila told the commission of inquiry that he believes allegations against him of corruption do not come from a whistleblower.
Former PIC CEO Dan Matjila says he did not force a merger between two companies seeking funding from the asset manager to pursue a deal in Tosaco Energy.
Former PIC CEO Dan Matjila said that he was tipped off that there were secret plans to remove him after Malusi Gigaba became finance minister in 2017.
The Companies and Intellectual Properties Commission's order issued to the Public Investment Corporation to recoup R4.3bn from AYO Technology Solutions has been declared unlawful by the Pretoria High Court.
The judicial commission of inquiry into state-run asset manager the Public Investment Corporation resumes after hearing evidence from a number of board members, including chairperson Mondli Gungubele.
Key witnesses are set to testify before the Commission of Inquiry into the PIC this week.
Fin24 profiles thee three commissioners heading the inquiry into alleged impropriety, mismanagement, abuse of whistle-blowers and information leaks at state-run asset manager the Public Investment Corporation.
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