Political appointments and structural weaknesses undermine PIC's own governance

The Public Investment Corporation has suspended CEO Patrick Dlamini amid serious allegations of corruption and maladministration, raising concerns over the governance of South…

Cites governance and transparency issues at country’s largest asset manager

Political appointments and structural weaknesses undermine PIC's own governance

The Financial Sector Conduct Authority rattles its sabre to try to stabilise governance at the continent’s biggest asset manager

In light of the FSCA's investigation into the PIC, the focus now shifts to the crucial governance framework surrounding South Africa's largest asset manager.

Despite recommendations from the Mpati Commission of Inquiry, the PIC continues to face scrutiny over its management practices and accountability.