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Gungubele should step down as Deputy Minister – experts

CAPE TOWN – Calls are growing for the deputy minister of finance, Mondli Gungubele to resign from his portfolio at the National Treasury after...

PIC board’s demise clears way for proper probe

CAPE TOWN – The en masse resignation by the board of the Public Investment Corporation (PIC) is widely expected to provide an opportunity for...

The ANC remains on trial in the SoCC, ‘angels’ are falling,...

  - Will the voters trust the new dawn brooms, who are really old feather-dusters full of spider webs?  -   Capture the original DA campaign trilogy...

‘I have nothing to hide’, says PIC board member’s live in...

Solly Makganoto JOHANNESBURG- Public Investment Corporation (PIC) board member Sibusisiwe Zulu's  live-in partner Lawrence Mulaudzi has distanced himself from the damning corruption claims within the PIC. This...

BREAKING NEWS: PIC board offer to resign after damning corruption claims

Steve Motale JOHANNESBURG - All nine board members of the Public Investment Corporation(PIC), including board chair and deputy finance minister Mondli Gungubele have written a...

PIC board asks to resign

JOHANNESBURG, February 1- The board of the Public Investment Corporation on Friday resolved to ask Finance Minister Tito Mboweni to be released of their...

AYO welcomes PIC Inquiry

CAPE TOWN – AYO Technology Solutions (AYO) on Wednesday said it welcomed the Commission of Inquiry into the Public Investment Corporation (PIC). However, the company...

PIC executive suspended ahead of testifying at inquiry

PRETORIA, January 22 – The Public Investment Corporation's (PIC) board has suspended a top executive who was testifying at the commission of inquiry set...

South African state asset manager buys up struggling arms firm’s bonds

JOHANNESBURG- South Africa's state asset manager has quietly bought up almost 90 percent of cash-strapped arms manufacturer Denel's bonds in the past 12 months,...

PIC CEO Matjila resigns with immediate effect

JOHANNESBURG, November 24 - South African state pension fund, Public Investment Corporation (PIC) chief executive officer Daniel Matjila resigned on Friday, with immediate effect. "The PIC...

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