Latest / Polity Audio Articles
Godongwana set to remove PIC chair – Report
Godongwana set to remove PIC chair – Report South Africa's finance chief is preparing to oust his deputy from the position of chairman of the board of the Public Investment Corp (PIC), the State pension fund manager that's been wracked by corruption and instability, News24 reported. Finance Minister Enoch Godongwana called a general meeting of the PIC for July 27 at which the PIC's non-executive directors and his deputy, David Masondo, would face a shareholder vote for removal, the Cape Town-based news website said, citing a notice issued by the minister. The PIC is 100% State-owned and…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.