Ramaphosa urges Sadtu to help safeguard PIC

Cyril Ramaphosa issued the warning after reports suggesting plans were afoot to remove the corporation's CEO Dan Matjila.

FILE: Deputy President Cyril Ramaphosa addressing the multi-stakeholder dialogue meeting in Soshanguve. Picture: GCIS.

JOHANNESBURG - Deputy President Cyril Ramaphosa has called on the South African Democratic Teachers Union (Sadtu) to help safeguard the Public Investment Corporation (PIC), warning there are people looking to use it for personal gain.

“The PIC is being looked at with some dangerous eyes. And we say that is an important institution that you as members of the union must safeguard.”

He's issued the warning after reports suggesting plans were afoot to remove the corporation's CEO Dan Matjila from the board in order to clear the way for looting.

Matjila was reported to have rejected a request for a R6 billion loan for South African Airways; it's a claim he denies.

The deputy president has called on the country to safeguard institutions.

“Our institutions must always be used to advance the interest of our people as a whole and they must never be used to advance the interests of certain people.”

Ramaphosa also called on Sadtu to be relentless in safeguarding the interest of pupils.

The deputy president says the union has an important role to play in highlighting flaws in the education system.

“And it was Sadtu that led charge to protest against unequal education and unequal resource distribution. Having achieved so much, it would be a tragedy if Sadtu was to relinquish the role that it has always played.”


Ramaphosa says teachers have an important role to play in supplying the country with skilled and honest people who can run state-owned institutions with integrity.

The country's state-owned enterprises (SOEs) have been marred by claims of corruption, dodgy dealings with the Gupta's and looting.

He says these institutions need to be fixed.

“Those state-owned enterprises control 30% of our economy and let me say, they are not working as well as they should. There is a lot that is happening in those state-owned enterprises that need to be fixed.”

He says teachers have the responsibility to teach pupils not to be corrupt.

“That when they are there, they are not meant to be syphoning off hundreds of millions of rands into certain pockets. Syphoning money without even invoices being issued and giving it to certain people.”