The Public Investment Corporation, which manages R3.7 trillion in assets largely on behalf of the Government Employees Pension Fund, has been thrown into turmoil following the suspension of CEO Patrick Dlamini, the resignation of six non-executive directors, and growing questions over political interference, corporate governance and the future stability of the institution.

The National Briefing · Jul 23, 2026 · 7m

The Public Investment Corporation, which manages R3.7 trillion in assets largely on behalf of the Government Employees Pension Fund, has been thrown into turmoil following the suspension of CEO Patrick Dlamini, the resignation of six non-executive directors, and growing questions over political interference, corporate governance and the future stability of the institution. What does this leadership vacuum mean for investor confidence, pensioners' money and South Africa's economy?

Guest: Dr Azar Jammine, Director and Chief Economist at Econometrix