AYO investment: Suspended PIC exec Matshepo More looks to clear her name

2019-06-25 16:20

Suspended PIC executive Matshepo More has sought to clear her name from allegations of governance failures linked to a controversial R4.3bn investment in AYO Technology Solutions.

PIC acting CEO suspended over claims of tampering with inquiry

2019-03-26 16:08

The Public Investment Corporation’s (PIC) acting CEO Matshepo More has been placed on precautionary suspension, following allegations that she was interfering in processes related to the commission of inquiry into the asset manager.

'I have never seen anything like this before' - PIC exec on AYO funding

2019-01-23 14:26

The head of internal audits at the Public Investment Corporation, has said the R4.3bn acquisition of shares in AYO Technology Solutions was approved without following due process.


Suspended PIC executive denies interference with inquiry

2019-06-24 15:42

The suspended CFO of the PIC, Matshepo More, has rejected “unfounded” allegations that she interfered with the work of the inquiry,

Matshepo More drove campaign of 'rampant unfairness', ex-IT head tells PIC inquiry

2019-03-05 17:30

The inquiry, headed by former president of the Supreme Court of Appeal, Justice Lex Mpati, is investigating allegations of impropriety and maladministration at state-run asset manager.

PIC says it will continue to invest in SOEs, but may reassess some details

2018-12-07 21:28

Africa's largest state-run asset manager has told Parliament’s that while it s in the process of reassessing its investments in state-owned entities, it would continue its invest in them because of its mandate.

Traffic Alerts
There are new stories on the homepage. Click here to see them.


Create Profile

Creating your profile will enable you to submit photos and stories to get published on News24.

Please provide a username for your profile page:

This username must be unique, cannot be edited and will be used in the URL to your profile page across the entire network.