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PIC Board Exodus: Khaya Sithole on SA’s Biggest Asset Manager in Crisis

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Six PIC directors have resigned, Treasury has begun steps to remove others, and whistleblower allegations of interference are mounting. Independent analyst Khaya Sithole breaks down the governance crisis unfolding at the Public Investment Corporation, what’s driving the board exodus, and what this means for the R2.5 trillion in assets the PIC manages — including public sector pensions.
22 Jul 1PM English South Africa Business News · Investing

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