High Court finds PIC board exceeded its powers
Chief executive Patrick Dlamini’s suspension was unlawful because the prescribed governance process was not followed.
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A new board, but old questions at the PIC
Fresh appointments may restore oversight, but they do not resolve the disputes and investigations that continue to beset the Corporation.
Masondo exits as PIC governance crisis deepens
Finance Minister Enoch Godongwana confirms that he asked the entire board to step down or explain why its members should not be removed.
PIC faces mounting governance scrutiny
The FSCA’s investigation forms part of a wider sequence of governance developments at the state-owned asset manager.
Pension increases under scrutiny as GEPF assures MPs of strong finances
The Select Committee also raised concerns about PIC oversight, unlisted investments, and benefit administration.
SIU flags interference as SCOPA inquiry exposes governance and financial failures at RAF
The Special Investigating Unit has raised serious concerns over potential interference by the Road Accident Fund in its ongoing investigation.
SARB and Ibex Holdings reach settlement ending R6.3bn forfeiture dispute
The settlement agreement lifts restrictions on Ibex’s Pepkor shares, enabling the group to drastically reduce its stake.
Godongwana signals gradual approach to NHI funding
Progress with implementing National Health Insurance will be contingent on the fiscal situation.
