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Leaked letter reveals how Advocate Lubbe instructed the PIC to focus...

CAPE TOWN – A leaked letter, written by suspended acting Public Investment Corporation (PIC) CEO, Matshepo More, has revealed how Advocate Jannie Lubbe, the...

AYO to take legal action against PIC, others for billions in...

CAPE TOWN – The chairperson of AYO Technology Solutions Advocate Wallace Mgoqi on Wednesday announced the company’s intention to sue the Public Investment Corporation...

PIC inquiry appears to show a lopsided emphasis

CAPE TOWN – In the 39 days that the Commission of Inquiry into alleged improprieties at the Public Investment Corporation (PIC) has been running,...

PIC had not made any investments into Sagarmatha when it was...

PRETORIA – The Public Investment Corporation (PIC) missed an opportunity to invest in Sagarmatha Technologies when the company was considering listing on the Johannesburg...

SA court sets aside notice for PIC to recover R4.3 bln...

JOHANNESBURG, March 26 - The North Gauteng high court has set aside a compliance notice from the Companies and Intellectual Property Commission (CIPC) compelling AYO Technology...

PIC confirms acting CEO suspended

CAPE TOWN, March 26 - The Public Investment Corporation (PIC) on Tuesday confirmed its board has placed the asset manager's acting chief executive on...

Tightening the tap on Government expenditure loopholes 

Johannesburg - Tainted supply chain processes have for the longest time been regarded as the genesis of bleeding the fiscus of Billions of Rands...

Former AYO execs resigned to escape forensic investigation

CAPE TOWN – A senior executive at AYO Technology Solutions has come out to state the real reason its two former executives hastily left...

AYO, PIC to take CIPC to court

The Public Investment Corporation (PIC) and the JSE-listed company AYO Technology Group are taking the Companies and Intellectual Properties Commission (CIPC) to court. At the...

#PICInquiry: Rewards and victimization of staff by PIC CFO detailed

PRETORIA – The former chief technology officer at the Public Investment Corporation (PIC), Luyanda Ntuane, on Tuesday, called on the PIC Commission of Inquiry...

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