In the next few days or weeks, President Cyril Ramaphosa will announce the findings and recommendations of the commission of inquiry into the Public Investment Corporation (PIC) after 12 months of public hearings and submissions by various interested and affected parties.

When Ramaphosa announced this commission I wrote in Business Day that “The arduous task facing retired Judge Lex Mpati and his co-chairperson, Gill Marcus ... as they preside over the commission of inquiry into the PIC is safeguarding the role of the PIC as a developmental investor while strengthening its governance structures and ethics protocols to avert lapses that may result in wrongdoing” (“PIC unfairly criticised for its role in BEE (”, February 27)...

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