public investment corporationlatest news & developments

Pensioners pay for PIC politics

Are politically connected investments exposing pension assets to unnecessary risk?

Dan Marokane, Eskom group chief executive at the SAIC2026

ROB ROSE: Dlamini returns but PIC is far from fixed

Patrick Dlamini's return as PIC CEO has seemingly calmed tensions, but deeper issues persist. Political interference, governance failures, and a controversial R411m payment…

PIC imploding. Rawpixel/Currency

Dlamini hits out at ‘bad faith’ PIC whistleblowers

As the PIC grapples with a governance vacuum, the CEO says his suspension was based on anonymous speculation, not evidence

PIC magnifying glass

How to build a PIC dream board

There is a deep pool of South African talent that finance minister Enoch Godongwana should look to when he forms the new PIC board

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PODCAST: ‘ListenUP’ – should the PIC be closed down?

Is the PIC still fit for purpose? Or should South Africa replace its R3-trillion state asset manager with private expertise?

David Masondo(Gallo Images/Brenton Geach), Enoch Godongwana (Ashraf Hendricks/GroundUp), Rawpixel/Currency

Inside the PIC’s meltdown

PIC CEO Patrick Dlamini’s suspension has reignited questions over governance, politics and accountability at the R3.6-trillion asset manager

PIC rumour gossip. Rawpixel/Currency

PIC governance fight spills into the gossip economy

While rumours swirl around a PIC director, tough questions remain about governance, oversight and the Lanseria saga

PIC Isibaya ambulance. Rawpixel/Currency

How the PIC melted workers’ pensions

The PIC’s Isibaya Fund returned just 4.25% for the GEPF over 20 years, which inflation more than wiped out

PIC bad eggs. Rawpixel/Currency collage

Inside the PIC’s bad batch of investments

How poor due diligence, a split mandate and a ‘rehabilitation mindset’ have left the PIC trapped in billions of rands of failed investments