Government is considering breaking up PIC, probe told
Autonomous business units can deliver better outcomes, says investment expert
19 June 2019 - 20:24
The government is considering breaking up the Public Investment Corporation (PIC) into autonomous business units to help improve efficiency, investment expert Muitheri Wahome.
“The PIC is in the process of reviewing its operating structure and internal discussions are underway to determine what operating model to adopt. Currently under consideration is a business unit structure,” Wahome told the PIC commission of inquiry on Wednesday. ..
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.