Matjila tells PIC inquiry Edcon deal was partly why he was axed
Dan Matjila has been testifying at the inquiry into impropriety at the PIC this week. He’s giving his version of events on deals at the PIC during his term.
Mixed reaction to Mboweni’s PIC board announcement
Finance Minister Tito Mboweni has announced some prominent appointments to the interim board, including Maria Ramos, which has been met with surprise.
Another Zuma son accused of meddling in state affairs, inquiry hears
Mxolisi Saady Zuma was singled out by former PIC CEO Dr Dan Matjila, who was testifying at the commission into alleged impropriety at the corporation.
Dan Matjila: Emails were used to engineer my demise
On Wednesday was Matjila's third day on the stand and he gave further insight into the deals that were struck at the PIC and the series of events at the time.
Dan Matjila: I was invited to meetings by certain ministers
The former PIC CEO gave details on events and operations at the commission during his time as chief investment officer and chief executive officer.
Dan Matjila has never received a loan from VBS Mutual Bank, inquiry told
On Monday, UDM leader Bantu Holomisa tweeted that he had been made aware of a Nexus Forensic Services report detailing how Matjila received a loan of R2.5 million from the bank.
SABC confident turnaround strategy will save broadcaster
Communications Minister Stella Ndabeni-Abrahams cast doubt on the strategy when she appeared before the parliamentary portfolio committee responsible for her department.
Holomisa wants Dan Matjila probed for allegedly being granted R2.5m VBS loan
As former CEO Dan Matjila was testifying at the PIC Inquiry for the first time, UDM leader Bantu Holomisa took to Twitter to publish the new allegations against him.
Dan Matjila’s lawyers refuse to comment on R2.5m VBS loan
Former CEO Dan Matjila’s term was marred by scandals and allegations of corruption at the PIC while the collapse of VBS bank was also under investigation.
Dan Matjila: Deputy finmin shouldn't have say in finance sector investments
Former Public Investment Corporation (PIC) CEO Dan Matjila said the deputy finance minister, who chairs the corporation’s board, should not be involved in decisions regarding the investment of enterprises which fall under the purview of the finance industry.
Gordhan to announce action plan on Mkhwebane’s latest findings
On Friday, Mkhwebane found that Gordhan violated the Constitution when he approved the establishment of the high-risk investigation unit at Sars.
Former CEO Dan Matjila set to take stand at PIC inquiry
The inquiry into alleged impropriety has entered its seventh month, with shocking revelations about deals and procedures at the corporation.
'Fire Gordhan from Cabinet', EFF tells Ramaphosa
Opposition parties called on President Cyril Ramaphosa to implement the remedial actions from the public protector's report.
Why Gordhan, Pillay are going after Mkhwebane in court
Gordhan said while they respect the Constitution, the minister recorded his serious misgivings about the public protector, her conduct and her partiality.
Pravin Gordhan to challenge PP's reports
Advocate Busisiwe Mkhwebane found that Gordhan violated the Constitution by approving the establishment of the so-called rogue unit, adding that only the president had the constitutional mandate to do so.
Nothing to investigate against Lubbe, say PIC Inquiry commissioners
The commission says there was nothing in the private meeting between Advocate Jannie Lubbe and former PIC CEO Matshepo More that she agreed to that warrants an investigation or action.
Tshwane ANC says not desperate for power in city
The party's chair Kgosi Maepa addressed the media on Thursday on the state of affairs in the city and the recently released Auditor-General's report.
ANC refuses to share a bed with EFF in Tshwane
The ANC has called for the city manager Moeketsi Mosola to resign after the city scored the third-highest amount of irregular expenditure in the recent Auditor General’s report.