Gordhan bids to halt remedial action over Mkhwebane report
Politics
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PIC execs used settlement agreements to silence victimised workers, inquiry told
Former IT head Vuyokazi Menye testified at the PIC inquiry on Wednesday that she was forced into signing a multi-million rand settlement even though she did nothing wrong.
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Matjila went above & beyond to unmask PIC whistleblower
Vuyokazi Menye testified that Dan Matjila went overboard in terms of trying to find out who was behind emails to the PIC board against him.
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Former PIC IT head says still receiving confidential documents from employees
Simphiwe Mayisela testified at the commission of inquiry on Tuesday how he was tasked with uncovering the identity of an anonymous whistle-blower who had made serious allegations against Matjila.
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Inquiry told that PIC escalation process unreliable
Vuyo Jack has told the commission how the centralisation of power and an evidently unnacountable executive leadership ruled at the PIC.
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Vuyo Jack details an atmosphere of fear at PIC
Vuyo Jack has given details about a governance review process led by audit firm KPMG that was implemented after concerns were raised during a survey.
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WATCH LIVE: PIC inquiry resumes
The commission of inquiry into the Public Investment Corporation resumed on Monday morning.
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Gungubele says he 'didn't lie' at PIC inquiry
The minister is under pressure from Saftu to resign after he testified at the commission that he was not forced by Finance Minister Tito Mboweni to step aside as board member of the PIC.
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Dennis George says Fedusa suspension to tarnish his reputation
George has been informed by his union this morning that his special leave has now been turned into precautionary suspension in the wake of allegations that he bought shares in Ayo Technology Solutions without informing the federation.
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Mabuza to be grilled in Parly over youth unemployment, corruption
The country has been rocked by revelations of industrial-scale theft, fraud, and corruption at various inquiries underway including that of Deputy Chief Justice President Raymond Zondo into state capture.
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PIC inquiry hears of divisions between Mondli Gungubele, board members
PIC board member Dudu Hlatshwayo has told the commission of inquiry that a meeting with Gungubele shortly after he was appointed as chair was confrontational and she felt attacked.
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Ayo Technologies woes won't affect CT Jazz fest
Ayo Technologies, which is a big sponsor of the CT International Jazz Festival, has been ordered to pay back money that the PIC invested in it.
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Gungubele: 'PIC processes were brazenly breached in Ayo Technology deal'
Deputy Finance Minister Mondli Gungubele is testifying at the commission of PIC inquiry which is looking into allegations including impropriety.
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[WATCH LIVE] PIC Inquiry resumes with Mondli Gungubele testimony
Deputy Finance Minister Mondli Gungubele is testifying at commission of inquiry into governance at the Public Investment Corporation.
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All PIC board members resign amid inquiry
Their resignations come in the middle of a commission of inquiry into the PIC which is investigating allegations of impropriety and dubious investments.
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Manning: 'Board divisions on handling of corruption claims led to PIC exit'
Claudia Manning quit last July after she disagreed with the newly appointed chairperson on how the board handled an investigation into embattled CEO Dan Matjila.
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Marcus asks why identity of PIC 'whistle-blower' not yet established
Former Reserve Bank Governor Gill Marcus is serving as the assistant commissioner at the PIC commission of inquiry into allegations of corruption and dubious investments.
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Association concerned about some PIC investments
Association for Monitoring and Advocacy of Government Pensions says the PIC doesn't seem to have a proper mandate when it chooses to invest.
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Corruption case was opened against former PIC CEO, inquiry told
The head of Naledi Advisory Services has told the Public Investment Corporation (PIC) commission that he discovered a corruption case had been opened against former CEO Dan Matjila.
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PIC Inquiry hears interim report into Ayo Technology probe leaked
Lufuno Nemagovhani has told the PIC Commission of Inquiry that he is responsible for the investigation into the R4.3 billion deal.
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Flouting of governance, approval processes led to suspension of PIC execs
The PIC released a statement about the reasons behind the suspension of Fidelis Madavo and Victor Seanie.
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[WATCH LIVE] Mpati, Marcus get PIC inquiry underway
President Cyril Ramaphosa signed off on a wide-reaching judicial commission of inquiry last year after the PIC became the focus of persistent reports about alleged impropriety and dubious investments.
