Spotlight on leadership instability at the PIC - Khaya Sithole weighs in

The continuing leadership instability at the Public Investment Corporation has received public scrutiny.

Africa's biggest assets management firm has for many weeks faced turmoil, with the Chief Exceutive Officer, Patrick Dlamini being placed on precautionary suspension and the Financial Sector Conduct Authority instituting an inquiry.

Earlier this week, four non-executive board members also resigned, bringing the number to six directors who have recently resigned.

The PIC is a wholly owned by government and oversees more the R3 Trillion in assets, including investments and Public servants pensions.


Joining us to talk more about the developments at the Public Investment Corporation, we are joined by chartered accountant and the Director at Corusca Consulting Khaya Sithole.

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