Pressure mounts on Ramaphosa to release final report into PIC

Pressure is mounting on President Cyril Ramaphosa to release the report of the inquiry into allegations of impropriety at the PIC.

Pressure is mounting on President Cyril Ramaphosa to release the report of the inquiry into allegations of impropriety at the Public Investment Corporation .In 2018, the president appointed Justice Lex Mpati to investigate the PIC investment of public servants’ pension funds.

“The much-awaited report would help shed light on whether the PIC is still prudentially capable of exercising sound investment decisions to generate optimal returns for its public sector investors,” Lees said. “Once people read it then he would still implement the findings, but now he does it in piecemeal leakages, it does not augur well for them. What are they hiding?”

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

IOL /  🏆 46. in ZA

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Cosatu calls on Ramaphosa to lead his administration - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.Cosatu has called on President Cyril Ramaphosa to take charge and lead his administration.
Read more »

Confusion over government's conflicting messages about South Africans in ChinaMany have been left conflicted about President Cyril Ramaphosa's latest call around the coronavirus.
Read more »

Black Coffee drops bars on the industry: We don’t have promoters in SA, only club ownersHe said this was different to those outside the country, where promoters are more prevalent and push a genre more.
Read more »

Vettel fastest as Hamilton hits trouble in testing“This was a good day in terms of the number of laps we managed to do, as well as for the fact that we got through the programme we had set ourselves.”
Read more »

Proteas skipper feels the heat ahead of one-day seriesPressure builds on Quinton de Kock as top players are rested for Australia matches
Read more »

IN PICTURES: Local stars attend Queen Sono premiere in JoburgQueen Sono, Netflix's first original African series is scheduled for release on Friday.
Read more »