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Acapulco Trade & Invest 164In the news
Dispute: Kagiso Matjila claims that Patrick Dlamini acted outside the scope of his authority when he appointed PricewaterhouseCoopers (PwC) to investigate the Lanseria matter.
CORPORATE GOVERNANCE

Matjila launches R900m damages claim against PIC chief over Lanseria probe

Businessman Kagiso Matjila has launched a R900 million damages claim against Public Investment Corporation (PIC) chief executive Patrick Dlamini, accusing him of unlawfully…

  • Hasina Kathrada
6 min read
PUBLIC INVESTMENT CORPORATION

EXCLUSIVE: PwC findings behind the PIC’s Lanseria fight

A confidential draft PwC forensic report obtained by the Mail & Guardian has raised questions about the calculation used to settle the long-running Lanseria Airport dispute,…

  • Hasina Kathrada
5 min read
Businessman Kagiso Matjila has threatened the PIC, the Government Employees Pension Fund and PIC chief executive Patrick Dlamini with a R1 billion damages claim in an escalation of the battle over the Lanseria International Airport dispute.
PUBLIC INVESTMENT CORPORATION

Why a settled Lanseria dispute still haunts the PIC

What began as an arbitration over Lanseria Airport has escalated into a major governance crisis for the Public Investment Corporation (PIC), involving a whistleblower complaint…

  • Hasina Kathrada
5 min read
Finance Minister Enoch Godongwana.
FINANCE

Godongwana steps in as PIC probe gathers pace

The Public Investment Corporation (PIC) board has formally assumed oversight of a whistleblower complaint against chief executive Patrick Dlamini following a special meeting with…

  • Hasina Kathrada
3 min read