Labour representation on the new PIC board hailed as positive iol.co.za - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from iol.co.za Daily Mail and Mail on Sunday newspapers.
David Masondo’s appointment threatens to pull the PIC back into the fog of political interference, which previously left Africa s largest fund manager close to shambles.
Cabinet has announced the new board of South Africa's state-run asset manager the Public Investment Corporation, which manages over R2 trillion in investments on behalf of public servants.