What a giddy prospect: a well-functioning Public Investment Corp (PIC) board. It wouldn’t necessarily change the country’s trajectory, but it could have a significant beneficial impact on it — and not just in the public sector.

The PIC has been the go-to piggy bank for rogues using the flimsiest of business proposals to dress up what were shakedowns. As the easy money from state enterprises dried up, the PIC became even more attractive...

BL Premium

This article is reserved for our subscribers.

A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.

Already subscribed? Simply sign in below.

Questions or problems? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now