Is Dan Matjila’s time at the PIC running out?
A number of questionable investments made by the PIC during the last year of the Zuma government has brought the state investment company and its CEO Dan Matjila sharply under the spotlight. It sits, after all, atop R2 trillion in public servants’ pension money — a juicy target for crooked politicians — and R1bn lost here or there might almost be "a rounding error". But just how transparent are PIC investment decisions?
31 May 2018 - 05:00