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PUBLIC INVESTMENT CORPORATION

Masondo resigns as PIC chair as Godongwana prepares sweeping board overhaul

Public Investment Corporation (PIC) chairperson David Masondo has resigned as Finance Minister Enoch Godongwana prepares a sweeping overhaul of the board of Africa's largest…

  • Hasina Kathrada
6 min read
Finance Minister Enoch Godongwana.
PUBLIC INVESTMENT CORPORATION

PIC crisis escalates as whistleblower accuses Godongwana of board interference

A whistleblower has escalated the governance crisis at the Public Investment Corporation (PIC) to Parliament, alleging that Finance Minister Enoch Godongwana attempted to…

  • Hasina Kathrada
3 min read