Kaya 959 Kaya Biz

Kaya Bizz talking to Ndumiso Hadebe, Economist And Director Of Pax Africana Holdings

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The Public Investment Corporation (PIC) yesterday informed Parliament that it was taking legal action to force Steinhoff International to release the full report conducted by PricewaterhouseCoopers (PwC), withheld by the troubled retailer on the grounds of confidentiality.
The PIC board and its senior executives briefed the Standing Committee on Finance on steps taken to recover as much as R20billion lost when the share price collapsed by more than 95percent as a result of accounting irregularities in December 2017.
4 Dec 2019 11AM English South Africa Business News · Investing

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