Fedusa came close to telling the GEPF to fire the PIC, inquiry hears

Union federation Fedusa was on the brink of recommending that the Government Employees Pension Fund (GEPF) fire the Public Investment Corporation (PIC) as the guardian of public servants’ retirements savings.

This is the view of Matthew Parks, parliamentary co-ordinator for rival federation Cosatu, who appeared before the commission of inquiry into the governance and functioning of the PIC, being led by retired judge Lex Mpati on Tuesday...