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.


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.

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