News

Only the PIC can foot SOE bailout bill

Date: Sep 27, 2017

Claims of looming changes at the Public Investment Corporation are rife

South Africans continue to mull over recent media reports that there is a plan to oust Public Investment Corporation's CEO, Daniel Matjila, to replace him with former Eskom CEO Brian Molefe. Speculation is rife that there is an attempt to make changes at the Public Investment Corporation. 

The PIC board met last week, amid continuing denials that it's been captured. The board also issued a statement rejecting media reports that its members are influenced by the Gupta family. On the Forum@8 Sakina Kamwedo looks at goings on at the Public Investment Corporation with Financial Mail deputy editor, Sikonathi Mantshantsha...

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