In The News South Africa

Nehawu welcomes probe into PIC directors, chairperson

PRETORIA, January 31- The National Education, Health and Allied Workers’ Union (Nehawu) on Wednesday said it welcomed the decision by the board of the Public Investment Corporation (PIC) to investigate allegations of impropriety against its acting chief executive officer and two non-executive directors. Earlier on Wednesday, the PIC said it would probe allegations of impropriety […]

Business Lead South Africa

PIC CEO Matjila resigns

JOHANNESBURG, November 24 – South African state pension fund, Public Investment Corporation (PIC) chief executive officer Daniel Matjila resigned on Friday, with immediate effect. “The PIC Board deliberated on the letter from the CEO, Dr Daniel Matjila expressing his intention to resign. The Board resolved that in the interest of the PIC and the CEO, we […]