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Matshepo More. Picture: thedti.gov.za

Matshepo more

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...

  • 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.

    870 days ago
  • A screengrab of businessman Reuel Khoza.

    Finding new PIC CEO will be difficult task, says chair Reuel Khoza

    Newly appointed interim Public Investment Corporation (PIC) board chair Reuel Khoza said that a permanent CEO would be appointed in the next three to six months.

    1031 days ago
  • FILE: Former Public Investment Corporation (PIC) CEO Dan Matjila. Picture: Public Investment Corporation

    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.

    1049 days ago
  • A screengrab of Advocate Jannie Lubbe at the PIC Commission on 25 June 2019.

    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.

    1052 days ago
  • A screenshot of former Reserve Bank governor Gill Marcus at the PIC inquiry on 28 January 2019.

    Marcus says More equally to blame for PIC mess

    Through most of Matshepo More's testimony, Gill Marcus asked her to give insight on what she knows about the running of the PIC and not to refer the commissioners to other employees.

    1061 days ago
  • Suspended acting CEO of the Public Investment Corporation (PIC) Matshepo More. Picture: YouTube screengrab.

    Suspended acting PIC CEO More blames Ayo deal on Matjila

    She gave details of the controversial R4.3 billion Ayo Technologies deal that's suspected to have been secured through the flouting of procedure.

    1062 days ago
  • Matshepo More. Picture: thedti.gov.za

    Matshepo More details how PIC got in bed with Ayo Technology

    The R4.3 billion Ayo Technologies deal was in the spotlight with allegations that the company flouted procedure to secure the deal.

    1062 days ago
  • Suspended acting CEO of the Public Investment Corporation (PIC) Matshepo More. Picture: YouTube screengrab.

    Suspended CEO Matshepo More to continue testimony at PIC inquiry

    Matshepo More started her testimony on Monday where she denied interfering in the work of the commission the allegation that led to her suspension.

    1062 days ago
  • Matshepo More. Picture: thedti.gov.za

    Suspended PIC CEO Matshepo More denies interference with commission

    Matshepo More's testimony got off to a slow start on Monday morning, with commissioners questioning her on her role at the PIC, its memorandums of incorporation and the power dynamics during her time.

    1063 days ago
  • Picture: pic.gov.za

    PIC denies report it’s considering Kennedy Bungane as CEO

    Citing unnamed people, 'Bloomberg' reported that the PIC is considering Kennedy Bungane, formerly of Absa as its new CEO.

    1130 days ago
  • Bantu Holomisa on Radio702. Picture: @Radio702/Twitter

    Holomisa: PIC CEO More must testify before inquiry if she's innocent

    Matshepo More was placed on precautionary suspension last week after former and current PIC executives made a series of allegations against her at the PIC inquiry.

    1152 days ago
  • Vuyani Hako. Picture: Supplied

    PIC names Vuyani Hako as acting CEO as Matshepo More suspended

    This follows the PIC board's decision to place current acting CEO Matshepo More on precautionary suspension with immediate effect.

    1153 days ago
  • A screengrab of former executive head of IT at the Public Investment Corporation Luyanda Ntuane testifying at the PIC inquiry on 5 March 2019.

    Inquiry hears of dismissals at PIC

    Luyanda Ntuane said he was eventually given a suspension letter which accused him of procurement irregularities and sexual harassment, which he has denied.

    1174 days ago
  • Former CEO of the Public Investment Corporation, Elias Masilela. Picture: PIC.

    Pension fund head resigns

    Matshepo More temporarily takes over from Public Investment Corporation CEO Elias Masilela.

    2914 days ago
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