
High Court finds PIC board exceeded its powers
Chief executive Patrick Dlamini’s suspension was unlawful because the prescribed governance process was not followed.

Chief executive Patrick Dlamini’s suspension was unlawful because the prescribed governance process was not followed.

Fresh appointments may restore oversight, but they do not resolve the disputes and investigations that continue to beset the Corporation.

Finance Minister Enoch Godongwana confirms that he asked the entire board to step down or explain why its members should not be removed.

The FSCA’s investigation forms part of a wider sequence of governance developments at the state-owned asset manager.

The Select Committee also raised concerns about PIC oversight, unlisted investments, and benefit administration.

Progress with implementing National Health Insurance will be contingent on the fiscal situation.

The Financial Intelligence Centre (FIC) is calling for comments from accountable institutions, reporting institutions, supervisory bodies, and other persons on the draft Public Compliance Communication 12A (draft PCC 12A). The draft PCC 12A […]

The Financial Intelligence Centre (FIC) is calling for comments from accountable institutions, reporting institutions, supervisory bodies, and other persons on the draft Public Compliance Communication 12A (draft PCC 12A). The draft PCC 12A […]