The Public Investment Corporation (PIC) – marred by allegations of impropriety, many of which stemmed from the involvement of politicians – is taking a turn towards full independence as it looks to ...

The Public Investment Corp.’s board of directors offered to resign amid an inquiry into allegations of wrongdoing, throwing the South African manager of more than R2 trillion ($150 billion) deeper ...

The next board of the Public Investment Corporation (PIC) would decide on the future of Matshepo More, who is acting PIC CEO and chief financial officer, outgoing PIC chairman and Deputy Finance ...

In an interesting turn of developments, the Public Investment Corporation (PIC) board issued a statement on Thursday confirming that a board meeting earlier this week included “extensive discussions” ...

Questions around former CEO Dan Matjila’s leadership have been a key feature at the Public Investment Corporation (PIC) Inquiry and they have often implicated Matshepo More, the CFO who was appointed ...

The board of the Public Investment Corporation (PIC) has announced it has initiated a search to identify and appoint a CEO to succeed Abel Sithole, whose term comes to an end in July 2025. The board ...

PRETORIA – The evidence leader at the inquiry investigating the Public Investment Corporation (PIC), Advocate Jannie Lubbe, SC, on Tuesday accused the asset manager's board of running a parallel ...

The trade union federation Cosatu has urged minister of finance Tito Mboweni to accept the letter of resignation by the board of the Public Investment Corporation (PIC) and to “move with speed” to ...