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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...

Unions call for Mondli Gungubele’s dismissal

Ayanda Mdluli The Public Investment Corporation (PIC) commission of inquiry into impropriety is scheduled to continue on Monday and a labour federation has upped the...

#PICInquiry: Chairman Gungubele publicly undermined his board

PRETORIA – Sandra Beswick, a director of the Public Investment Corporation (PIC), submitted to the PIC Commission of Inquiry that the chairperson, Deputy Finance...

Gungubele’s collusion with CIPC on AYO exposed

Explosive and shocking details have emerged of alleged collusion between the Public Investment Corporation and the Companies and Intellectual Property Commission (CIPC) to underhandedly...


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