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Matshepo More. Picture: thedti.gov.za

Dan matjila

PIC extends CFO Matshepo More's suspension

By Kgomotso Modise

Matshepo More, who assumed the role of acting CEO while Dan Matjila was placed on suspension, was also suspended for interfering with the work of the commission...

  • Public Investment Corporation (PIC) CEO Abel Moffat Sithole. Picture: gepf.gov.za

    Govt expresses confidence in Abel Sithole as new PIC CEO

    Sithole takes over as CEO after a difficult period at the state fund manager plagued by governance failures and maladministration.

    721 days ago
  • Former Public Investment Corporation (PIC) CEO Dan Matjila appearing at the commission of inquiry into the PIC. Picture: Kayleen Morgan/EWN

    Matjila may have cost PIC R100m with Steinhoff deal, report finds

    The report, released by President Cyril Ramaphosa, has detailed questionable deals worth billions of rands and the flouting of processes to secure them.

    796 days ago
  • FILE: Former Public Investment Corporation (PIC) CEO Dan Matjila appearing at the commission of inquiry into the PIC. Picture: Kayleen Morgan/EWN

    PIC report: Dan Matjila could be held personally liable for ‘malfeasance’

    The report detailed how some senior officials flouted processes when making certain investment decisions.

    797 days ago
  • FILE: Former Public Investment Corporation (PIC) CEO Dan Matjila appearing at the commission of inquiry into the PIC on 8 July 2019. Picture: Kayleen Morgan/EWN

    Ramaphosa set to act on PIC Inquiry revelations?

    The testimonies of the PIC's suspended CEO Matshepo More and her predecessor, Dan Matjila, were pivotal to the work of the commission.

    867 days ago
  • FILE: The commission of inquiry into the Public Investment Corporation (PIC) got underway on Monday, 21 January 2018. Picture: SABC Digital News/youtube.com

    Ramaphosa to meet with PIC commissioners after final report submission

    The commission started its work in January this year looking into allegations of impropriety at the PIC.

    884 days ago
  • The commission of inquiry into the Public Investment Corporation (PIC) got underway on Monday, 21 January 2018. Picture: SABC Digital News/youtube.com

    Here's why Ramaphosa extended the deadline for PIC inquiry report

    The inquiry was supposed to submit its final report at the end of this month but will now do so by 15 December.

    939 days ago
  • Picture: YouTube screengrab.

    PIC inquiry wraps up hearings, prepares report for Ramaphosa

    The commission, led by retired Judge Lex Mpati, was set up by President Cyril Ramaphosa in October last year to look into any impropriety regarding investment decisions.

    1009 days ago
  • FILE: Former Public Investment Corporation (PIC) CEO Dan Matjila appearing at the commission of inquiry into the PIC on 8 July 2019. Picture: Kayleen Morgan/EWN

    Matjila says PIC did well during his tenure, wraps up inquiry testimony

    Former PIC CEO Dr Dan Matjila wrapped up his testimony on Monday and addressed allegations of impropriety at the state-owned asset manager.

    1010 days ago
  • Former Public Investment Corporation (PIC) CEO Dan Matjila appearing at the commission of inquiry into the PIC. Picture: Kayleen Morgan/EWN

    Matjila set to continue testimony after PIC Inquiry given another extension

    When he first instituted the commission, President Ramaphosa had given it until 15 April to submit a report but that was extended to the end of July. The commission has now been granted another extension to submit the final report at the end of October.

    1025 days ago
  • Former Public Investment Corporation (PIC) CEO Dan Matjila appearing at the commission of inquiry into the PIC. Picture: Kayleen Morgan/EWN

    Matjila denies having friendship with Iqbal Survé

    The former PIC CEO shed light on the Sekunjalo Investment Holdings-Sagarmatha deal from September 2017.

    1030 days ago
  • A screengrab shows former PIC chief executive Dan Matjila before the inquiry on 16 July 2019.

    WATCH LIVE: Dan Matjila details PIC transaction with Sekunjalo

    Former Public Investment Corporation (PIC) boss Dan Matjila is giving clarity on the controversial businessman Iqbal Surve’s Sekunjalo transaction.

    1030 days ago
  • Former Public Investment Corporation (PIC) CEO Dan Matjila appearing at the commission of inquiry into the PIC on 8 July 2019. Picture: Kayleen Morgan/EWN

    Dan Matjila’s lawyers unhappy with line of questioning at PIC inquiry

    Former PIC CEO Dan Matjila has been testifying at the commission into allegations of impropriety at the corporation.

    1030 days ago
  • Former Public Investment Corporation (PIC) CEO Dan Matjila appearing at the commission of inquiry into the PIC. Picture: Kayleen Morgan/EWN

    PIC Inquiry: Dan Matjila to give clarity on Sekunjalo transactions

    Former Public Investment Corporation (PIC) boss Dan Matjila started giving his testimony on the transaction on Tuesday, where he clarified that the PIC spent R888.3 million on the deal and not R2 billion as reported by the media.

    1030 days ago
  • Former Public Investment Corporation (PIC) CEO Dan Matjila appearing at the commission of inquiry into the PIC on 8 July 2019. Picture: Kayleen Morgan/EWN

    Matjila details how a PIC server got compromised

    Former PIC boss Dan Matjila has gone into detail about the period when a man known only as James Nogu was distributing emails containing leaked confidential information.

    1031 days ago
  • A screengrab of former Public Investment Corporation (PIC) CEO Dan Matjila appearing at the commission of inquiry into the Public Investment Corporation (PIC) on 11 July 2019.

    PIC Inquiry: Dan Matjila to detail his probe into PIC document leaks

    Former Public Investment Corporation (PIC) CEO Dan Matjila returns to the PIC inquiry for the ninth day on Tuesday.

    1031 days ago
  • Former Public Investment Corporation (PIC) CEO Dan Matjila appearing at the commission of inquiry into the PIC. Picture: Kayleen Morgan/EWN

    Matjila: I didn’t know Erin Energy was insolvent when PIC invested in it

    The Public Investment Corporation lost R330 million in a deal with Erin Energy Corporation.

    1031 days ago
  • Former Public Investment Corporation (PIC) CEO Dan Matjila appearing at the commission of inquiry into the PIC on 8 July 2019. Picture: Kayleen Morgan/EWN

    PIC wanted to help VBS growth as black player in banking sector, inquiry hears

    The directors of Vele Investments, which is the majority shareholder in VBS, were among those accused of siphoning hundreds of millions of rand out of the bank.

    1036 days ago
  • A screengrab of former Public Investment Corporation (PIC) CEO Dan Matjila appearing at the commission of inquiry into the Public Investment Corporation (PIC) on 11 July 2019.

    Matjila rejects claim he accepted R5m bribe to fund VBS Mutual Bank

    Advocate Terry Motau’s report on the bank’s collapse lists unsubstantiated allegations that former PIC CEO Dan Matjila accepted a bribe.

    1037 days ago
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